Sovini Waste Solutions Social Value Impact Report

Social Value Impact Report 2023/24

2 | Social Value Impact Report 2023/34 - Contents

CONTENTS 01 02 03 04 05 06 07

INTRODUCTION / EXECUTIVE SUMMARY KEY IMPACT SUMMARY SOCIAL IMPACT ECONOMIC IMPACT ENVIROMENTAL IMPACT CHARITABLE IMPACT SOCIAL VALUE STATEMENT

4 | Introduction / Executive Summary

01

Introduction Executive Summary Sovini Waste Solutions provide domestic and trade waste services across the Merseyside region including skip hire, waste disposal, waste management and waste tipping. Our focus is for customers to have an economical and environmentally friendly way of disposing of waste whilst receiving an outstanding service. Through our ongoing efforts, we have contributed to social value which in turn has followed in positive outcomes to our communities and people who live in them.

Making a difference to peoples lives and the communities we operate in is the foundation of everything we do. Based on the National TOMs Framework guidelines, this evaluation confirms that additional social value has been created locally through our working practices and activities. It was calculated that £1.17m of value has been delivered in 2023/24; leading to a combined Social Return on Investment (SROI) of £2.17 for every £1 invested.

“Its great to see the social value impacts we have achieved this year; our team are committed to make a difference to our communities and the environment. Improving the wellbeing of individuals and striving to” improve the environment is something we are passionate about and we will continue to commit to make a difference going forward.

- Tony Beckett, Operations Manager

6 | Key Impact Summary

02

Key Impact Summary

SOCIAL IMPACT £445k

ENVIROMENTAL IMPACT £20k

ECONOMIC IMPACT £705k

CHARITABLE IMPACT £1k

SOCIAL VALUE £1.17m / SROI £2.17

The social value total combines the impact achieved on behalf of clients, stakeholders and local communities during the financial year 2023-24.

8 | Social Impact

03

Social Impact Social impact benefits have been created through local employment, training and education activities provided by Sovini Property Services. These achievements have resulted in the delivery of an impact value of £445k.

A detailed review established that 15 colleagues were employed by Sovini Waste Solutions in 2023/24, with 100% considered to be local*.

Training and education Three learning weeks have been accessed by colleagues, contributing to their personal and professional development.

Colleagues have access to a wide variety of employee benefits that impact positively on their health and wellbeing, as well as providing educational, financial and environmental support.

We proudly promote a positive culture of valuing and celebrating diversity and accepting and including people regardless of their personal characteristics or circumstances.

10 | Economic Impact

04

Economic Impact Economic benefits have been established through the local supply chain and the local workforce providing goods and services to businesses and communities across the North-West. This has resulted in achieving a calculated retained local economic value of £705k.

£1m

£423k

WORKFORCE RETAINED SUPPLY CHAIN LOCAL VALUE RETAINED LOCAL VALUE

72.92%

LOCAL SUPPLY CHAIN SME SPEND

The retained local economic benefit being achieved through the spend by the local workforce, along with the additional benefit that has been achieved through investment in the supply chain.

12 | Enviromental Impact

20 minutes being the average commute of workforce

10 miles being the average residence from Sovini Waste Solutions workplace with 40% of colleagues cycling to work.

All fleet compliant with Euro 6

Environmental gains being achieved through activities

05

Enviromental Impact Our environmental practices are shaped by The Sovini Group’s Net Zero Carbon Commitment, and we’re taking decisive action to tackle our carbon footprint, with our goal being to achieve net zero emissions

Environmental gains have been achieved through areas such as; innovative ways of recycling construction waste, using Euro 6 standard fuel-efficient vehicles, Fleetmatics toolkits, local recruitment and use of local suppliers to create a value of £20k.

14 | Charitable Impact

06

Charitable Impact Several charitable activities have taken place to benefit local communities, from partnership work, donating labour and services, volunteering, sponsorships and supporting community events and groups. We have proudly achieved a charitable value of £1k.

Supporting Grassroots Football

An Environmental Impact

We are the proud sponsor of Merseyside’s Northfield Junior Football Club, who support more than 200 children to access grassroots football.

We donated skips to a number of community gardens and allotments, supporting local volunteer groups to encourage residents to get gardening.

Northfield Junior Football Club rely on sponsorship and donations to run sustainably. Neil Faraday, Club Chairman is appreciative for the support: “Everything from the footballs, training kits and maintenance of our training grounds are only possible because of sponsors like Sovini Waste Solutions.

Research suggests that gardening has a positive impact on our mental and physical health, as well as our emotional wellbeing, supporting our vision of creating a better future for our customers and communities.

“The sponsorship of our Under 8’s team has allowed us to purchase the necessary kit for the new season. Many people unfortunately don’t have the means to spend extra this year. We are thankful for being able to keep children from the local community doing the thing they love – playing football.”

16 | Social Value Statement

07

Social Value Statement We continue to contribute to all of the UK Governments ‘The Social Model’ policy themes:

Sovini Waste Solutions in partnership with internal and external stakeholders and community groups have delivered activities in 2023/24 which has created social value. The results confirm the creation of value across the four benefit areas:

A combined added value of £1.17m has been generated through work benefitting internal and external stakeholders, communities, businesses and economies locally. The estimated Social Return on Investment (SROI) is £2.17 for every £1 invested.

• Social

Evidence shows that we are acting responsibly in addressing several of the Global Goals for Sustainable Development, ensuring activities carried out will create a more sustainable future for all.

• Economic • Environmental • Charitable

sovini.co.uk/waste 0151 523 2277