Social Value Update – May 2021

May 21, 2021Social Value

Our latest report from the Social Value Portal showcases the social value we have delivered from the start of the project to the end of April 2021. The tool provides metrics for the value of the activities we are carrying out, including employing apprentices and our local spend.

Key highlights so far:

  • 4 apprentices have worked 68 weeks
  • 3 graduates have worked 47 weeks
  • 3 young people have gained work experience
  • 3 career sessions with Barnardo’s YouthBuild Academy
  • 4 accredited training sessions
  • 1 Meet the Contractor event
  • 54 local people employed (FTE)
  • 2 local organisations engaged with to support ex-offenders back into employment
  • £27,829,756 spent with local businesses

Using the Social Value Portal, the total additional value we have delivered is £31,858,082.80. The ‘dials’ on the infographics below show how we are performing against some of our targets, and these will increase as the project progresses as we reach our objectives.

Apprenticeships: We continue to work with our supply chain to identify apprenticeship opportunities on the project. Kane, our mechanical and electrical subcontractor, is currently looking for a trainee systems operator to join their team. If you would be interested in applying, please apply through the Lewisham Construction Hub.

Providing local employment opportunities: We committed to provide employment for 90 local people and are working well towards our goal. The graphic below shows FTE figures. Prater, one of our façade sub-contractors, is currently looking to hire a site administrator. If you would be interested in applying for the role, please look on the Lewisham Construction Hub.

Providing career support: We have built a positive relationship with Barnardo’s YouthBuild Academy and look forward to working with them in the future when their new cohort of students begins their course. We recently received some great feedback about the sessions we delivered so far:

‘We thank Balfour Beatty, for their continued support on our Barnardo’s YouthBuild programme.  For many young people, entering the world of work is not easy but with the involvement of employers like Balfour Beatty, young people grow in confidence and have more realistic expectations, making construction a career of choice. Alice contributed to several virtual workshops which impact our learners’ journey, she was able to witness their growth first-hand and celebrated their achievements at graduation. We look forward to supporting our graduates next steps and keeping in touch with our employer network for future engagements.’

Working with local businesses: We have already met our target for spend with local businesses and will continue to engage with other local businesses to support the local economy.

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