Powerday creates over £9million of social value in 12 months
We are proud to have created over £9millon social value for the second consecutive year with every pound that clients spent with us contributing £0.22 to the local community.
At Powerday, our social value is focused around four goals:
- Reducing the environmental impact of the UK’s waste,
- improving lives through education and employment,
- improving lives through sport and
- supporting the wider community where they need it.
We believe strongly in the power of sport to ensure mental and physical wellbeing, providing young people with confidence and self-discipline that will help them throughout their lives. This belief has seen us partner with London Boxing since 2011, an initiative which has improved health and mental well-being for 10,000 young people in some of the most marginalised areas of the Capital.
Delivering career opportunities for local community
In January this year, we launched the Powerday Academy to deliver career opportunities for the local community, including existing employees and school leavers that might be struggling to find work. Under this scheme, we have already provided full time employment to three 16 to 24 year olds who would otherwise be classed at NEETs (not in education, employment or training). Due to successful collaboration with our training partners through the Academy, we have also delivered over 1,130 apprenticeship weeks comprising of 15 full time employees.
Joint Managing Director, Liam Kearney says: “With 77% of our staff from within a 15-mile radius of Old Oak Sidings, we are proud to be a significant local employer. We believe that as such we have a responsibility to provide secure and rewarding employment whilst giving opportunities to those in our community who might be struggling to find work. We also want to ensure we have the best trained and motivated team within our sector. To help us deliver against all of this, we were proud to launch the Powerday Academy earlier this year”.
Supporting Londoners wellbeing during Covid-19
When Covid-19 struck, wanting to continue to support the health and wellbeing of Londoners during lockdown, we helped NHS workers working round the clock by providing nutritious meals. We teamed up with London Irish Rugby Club, preparing and delivering over 50,000 free meals to frontline workers in 19 different hospitals during eleven weeks.
Edward Crossan, Vice Chairman, Powerday says: “We are committed to using our sustained growth to support our local communities and are very pleased to be able to contribute so significantly, particularly this year given the challenges we have all faced. I believe the coronavirus outbreak has highlighted the need for businesses to contribute to society and it’s vitally important to us at Powerday that we can and do play our part. Our work in this area is now as important to us as our waste management services and we are proud of our contributions”.
Externally validated through the Social Value Portal
Our family business has always provided extensive social value through our operations and community work. Last year, we signed up to the Social Value Portal. An initial report for our financial year 2018/19 showed that we had created £9.2million of social value in that period. We are very pleased given the challenges faced in these pandemic conditions we created over £9million in 2019/20. This included £1.3million in social value through the 869,000 miles driven in our Euro 6 fleet which emit under 75mg of carbon dioxide per kilometre, and the recycling of 14,500 tonnes of hard-to-recycle wastes including road barriers, mattresses and mixed plastics. Every £1 that clients spent with us in 2019/20 contributed £0.22 to the local community.
Our latest report can be downloaded here.