1. Creating social value from working with the social enterprise sector
Rhianna Peploe, Section Manager, NHC Wates Construction

2. Wates - Introduction
Wates Group is one of the largest privately owned construction, development and maintenance services business in the UK - >£1.5bn t/o; 4,000 employees
Wates Construction is a UK-wide contractor specialising in maximising value for customers in the public and private sector, with an uncompromising focus on Safety and Quality
We are incredibly proud of the work we do beyond building to support and help the communities where we work and thrive.

3. Our commitments Our Aspiration:
We will enable new jobs and training opportunities for those who are marginalised from the workplace by supporting the social enterprise sector.
Our Goal:
Every project will work with a social enterprise and our investment to the sector will exceed £20m cumulatively by 2020.

4. Our approach to working with SE’s
Other external funding leveraged by Wates to support the sector
Social Investment
Direct Trade between Wates and Social Enterprise (SEB)
Direct Trading
• Indirect spend through our clients and/or supply chain
Indirect Trading
Major or employee sponsored awards to SE’s
Wates Giving
Direct Trade – We currently directly trade with a number of social enterprises. An example is that we directly employee companies as subcontractors to undertake works such as builders clean
Indirect Trading – We encourage our clients and supply chain to use social enterprises where possible, including ensuring that our logistics companies use social enterprise skip companies
Wates Giving – Through Wates Giving we aim to invest around £1 million every year in charitable activities which benefit communities for the long term. Wates Giving holds awards that support the start-up and growth of social enterprises
External Funding Leveraged –

5. Construction (inc Scape)
Wates Spending
Spend on Social Enterprise 2018
Spend VS Business Targets
Construction (inc Scape)
London
London Residential
Northern Residential
SHC
NHC
North East
North West
Midlands
Strategic
SES
Annual Target
£1,400,000
£250,000
£150,000
£100,000
£50,000
YTD Spend
£1,471,753
£262,410
£94,093
£25,953
£99,965
£313,010
£119,514
£117,444
£412,855
£23,498
£3,013
YTD Target
£1,050,000
£187,500
£112,500
£75,000
£37,500
£20 million spend by £2020 – Throughout the business/accumulative total
Total to Date Spend - £14,657,529 end of September 2018
As a group annual target of 3.5 million and £1.4 is through Wates Construction
Predict a target of £400,000
Wates Construction Ltd, have an annual Target of £1.4million Social Enterprise Spend in 2018
Up to the end of September 2018, spend to date is £1.47million.

6. Northern Home Counties SE Spend 2018
Oakham
Romford

7. Northern Home Counties Spend
SE Trades that NHC spend with
Waste Recycling
Welfare Cleaning
Builders Clean
Stationary
Welfare Products
Apprenticeships
Signage – Temporary and Permanent
Soft Landscaping
Wates engage with social enterprises to provide products/services or low risk subcontract works

8. Researching the success
77%
Money spent by Wates with SEs generates 77% more social value compared with commercial businesses
66%
Majority of social value created (£206,580) is from employing people who face barriers to employment, such as ex-offenders
38%
38% of participating social enterprises led by women
For every £1 we spend on SE, £1.77 is generaterated in social value
85%
Of participating social enterprises led by ethnic minority groups

9. Why we buy social Drives local procurement and employment and training
Enhances brand and opportunities for influence
Ensures compliance with EU Procurement Regulations
Enables us to source a new and responsible supply chain
Aligns with Wates’ values
Reinforces our values and drives attraction and retention of people

10. Summary
Wates hope to engage with and encourage more social enterprises in the Northern Home Counties region. We also hope to have more opportunity to employ social enterprises that will enhance the business.