Conway Point, Social Value Report

SOCIAL VALUE REPORT Conway Point, Wirral

An insight into how we are achieving our social value goals through our performance, progress, and impact monitoring as we strive to create opportunities and change lives.

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CONTENTS

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01

FOREWORD

02

GROUP OVERVIEW

03

OUR UNIQUE SUPPLY CHAIN

04

MORRIS MEADOWS

05

SOCIAL

06

ENVIRONMENTAL

07

ECONOMIC

08

GOVERNANCE

01 FORWARD Our work is guided by The Sovini Group’s vision of creating a better future for the communities we serve. The Groups inhouse supply chain sees collaborative working across our commercial, social and not-for-profit businesses. This approach improves our service delivery, and supports our mission of creating opportunities and changing lives.

We recognise that success is measured by more than just metrics. Each project must consider it’s social, economic, and environmental impact to ensure a strong and sustainable legacy.

An ethical supply chain that provides sustainable delivery, and community enrichment are as equally important as time, cost, and quality. Each of these points sits at the heart of everything we do, and we are committed to ensuring we deliver on each of these qualities.

Here at Sovini Construction, we are committed to protecting the environment through sustainable best practices.

Our collaborative Group approach to delivering on our net-zero carbon commitment is designed to improve the wellbeing of our customers, colleagues, clients, communities and beyond.

We have invested in resources and funds as we work towards our environmental, and delivering on our net-zero vision.

We know that our colleagues are our best asset. Through equal employment opportunities we know that they also share our vision of creating a better future, and are passionate about adding value to the lives of our customers.

We are dedicated to achieving our social value goals and our our core company values demonstrate the steps we are taking, and the company culture we are creating in order to meet our objectives.

James Flannery Director of Construction and Land at The Sovini Group

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02 GROUP OVERVIEW The Sovini Group provides high quality construction, property and facilities services to the public, not-for-profit and private sectors, with a unique end-to-end supply chain.

Our growing commercial activities complement and support our social and notfor-profit businesses, with profits reinvested to build new homes, improve service delivery, and support the communities who remain centric to everything we do.

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At present the Group owns and manages in excess of 14,000 homes, rising annually through an active development programme.

The Sovini Group is a key contributor to the social, environmental and economic future growth of the North West.

Our Unique Group Model Outlined:

Commission services from

Financial support from profits

Not For Profit

Sovini Charities

Central Services

Commercial

One Vision Housing

IT

Pine Court Housing Association

Governance Policy

Sovini Property Services Sovini Trade Supplies Sovini Waste Sovini Land Acquisition Sovini Construction Amianto Services Teal Scaffold

Procurement Finance Marketing & Communication People & Learning Performance Health & Safety Customer Empowerment Quality & Environmental

Pride of Sefton

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03 OUR UNIQUE

SUPPLY CHAIN

We are proud partners with industry leading organisations within the built environment. These like-minded organisations share our commitment in driving industry change and providing social value.

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Work across all building trades; from new build to refurbishment building services.

North West based builders merchants supplying quality products to repairs & maintenance and construction companies throughout the UK.

Specialist maintenance providers who offer a single contractor approach to repairs, maintenance, estate management and compliance.

Operate across the North West, offering a high quality and reliable commercial scaffolding service to all sectors and industries.

Provide passive fire protection services and licensed asbestos removal and disposal across the UK.

Provide a circular economy service including the full spectrum of waste management services, from skip hire and waste disposal to management reports and site consultation.

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04

CONWAY POINT

Client : One Vision Housing

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In Summary...

home 46

MODERN APARTMENTS

home 1 & 2 BED HOMES

Location EXCELLENT LOCATION

CLOSE PROXIMITY TO BIRKENHEAD TOWN CENTRE WITH EXCELLENT TRANSPORT LINKS

coins £7M

VALUED DEVELOPMENT

coins £2.3M SOCIAL VALUE

coins £1.2M ECONOMIC VALUE

coins £70K

ENVIRONMENTAL VALUE*

*The project analysed is recognised for the number of Themes, Outcomes and Measurements (TOMs), a set of nationally recognised economic, social and environmental performance measures, used to measure social value delivered

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05 SOCIAL Sovini Construction strives to create thriving and inclusive communities that are both safe and sustainable.

Our innovative approach to social involvement helps improve health and wellbeing across the local community, in addition to providing an economic boost.

We are closely involved with our communities, which allows us to listen to their needs and deliver on these where possible.

We are more than just building and improving homes, we have the privilege of changing lives.

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Take a look at how since the launch of our Conway Point development, we have been supporting our customers, colleagues, and communities.

Did you know?

Conway Point generated £2.3M in Social Value

Investing in our people and enriching our communities

320

jobs have been created through this project

69%

of employment opportunities generated have been created for local residents

100%

of our colleagues accessed health & wellbeing initiatives

10

female students welcomed onto the Pathway into Construction initiative

50

Over 50 local pupils were engaged with

£5,000

Was donated in support of local community initiatives

50

Lasting legacies were created through 50 hours of volunteering by Sovini Construction colleagues

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06 ENVIRONMENTAL Sustainable construction and the wellbeing of our clients and the communities they live in are directly linked.

We understand the environmental impact the delivery of our services has. This includes how we build and maintain our homes, to how we support our stakeholders in adopting environmentally friendly practices.

Here is how we’ve been supporting our customers, colleagues and communities: Conway Point has delivered £70,000 of environmental value.

Net Zero Carbon Commitment We’re taking decisive action to tackle our carbon footprint, with our goal being to achieve net-zero status. To accelerate action, we’ve invested resources and funds, and will continue to do so.

During the build process of Conway Point, Sovini Construction has reduced carbon dioxide (CO2) by 2,300 tonnes.

We actively procure services from subcontractors who are committed to reducing their environmental impact, as we encourage our suppliers to join us on our journey to net-zero.

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Our dedicated employee app Ourspace provides colleagues with advice and guidance on how to adopt environmentally conscious changes to both their work and personal lives.

Building Sustainable New Homes Conway Point features environmentally efficient specifications, supplied by our Group’s award-winning local independent builders’ merchant, Sovini Trade Supplies, including toilets, taps, showers, and light fittings.

This ‘fabric first’ approach focuses on the reduction of energy consumption, through thermal efficiency and reduced running costs for clients.

Circular Economy Service Sovini Construction are committed to a zero-to-landfill approach to facilitate our carbon reduction commitment.

This means that we recycle and reuse 100% of construction waste.

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07 ECONOMIC In 2022/23, Sovini Construction’s economic contribution across Wirral totalled £1.2M. To ensure economic vitality across the Wirral we…

60%

Utilised specialist subcontractors with over 60% of businesses located in the Liverpool City Region

54%

Guaranteed 54% of monetary spend was distributed to local businesses across the region

33%

A large percentage of subcontractors spend was with SMEs, exceeding the Government target of 33%.

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08 GOVERNANCE Governance is the internal system of practices, controls and procedures that Sovini Construction has adopted in order to measure our social, environmental and economic impact. It supports us in making effective decisions, complying with the law, and meeting the needs of external stakeholders.

Effective governance is vital in underpinning the work that we do.It enables us to manage risk effectively and take informed decisions based on evidence. We have been working hard to embed a culture of good governance by practicing environmental, social and economic accountability and transparency across all levels of our business and throughout our supply chain.

Our organisational structure allows leadership to instil a culture which uses core values of social responsibility when making business decisions. This in return allows us to enable us to grow responsibility and sustainably.

Remaining transparent We ensure our stakeholders receive clear, accessible, accurate and timely information on issues related to their business area.

Being accountable We encourage our stakeholders to scrutinise and hold us account for decision which affect them.

Empowering engagement We empower our stakeholders to make informed decisions, and share their views to help us shape our company.

Pioneering Progression Our governance practices are continually reviewed and developed to ensure ongoing compliance with regulatory and statutory requirements.

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A Better Future Sovini Construction is part of The Sovini Group

Success We Will Be The Best

Authenticity We Do What We Say We Will Do

Passion We Love What We Do

Courage We Dare To Be Different

Enterprise We Never Stand Still

sovini.co.uk/construction Info.construction@sovini.co.uk 0151 523 2277 P.18