Amey doubles social enterprise spend in 2018, new figures reveal

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social enterprise, Amey, financial year

During the 2018 financial year, Amey spent over £2m across its supply chain on companies who use their profits to create positive, social change in communities across the UK and overseas

The figure is more than double what was paid in 2017 when £930,000 went to suppliers sharing this ethical purpose. A further £1.6m was also spent on social enterprises by Amey’s joint ventures including GEOAmey, KeolisAmey and Amey Sersa, in what was a landmark year for the third sector spend.

Speaking on the announcement, John Cully, chief procurement officer at Amey said: “We are very proud to have reached such a significant milestone for social enterprise spend. We still have much more we want to achieve but our work is a testament to a belief that public services can be delivered with social, environmental and economic benefits at the heart.

“Not only does working with social enterprises support incredibly worthy causes, but it also provides fantastic value to the taxpayer, ensuring each public pound invested in infrastructure goes even further.”

The increase reflects the diverse range of social enterprises joining Amey’s supply chain, whether suppliers of staff, services or materials. New to Amey for 2018 was WildHearts Office, who through supplying Amey’s office stationery, fund wide-ranging initiatives from addressing social mobility in the UK, to supporting gender equality in the developing world.

Kris Bryson, partnerships director from WildHearts, said: “We are delighted to be working with Amey, transforming an everyday overhead into social investment. As a direct result of our relationship with Amey, we have transformed over 2,500 lives locally and globally.”

In 2017, Amey joined the Buy Social Corporate Challenge, an initiative which saw businesses commit to collectively spending £1bn with social enterprises by 2020. Speaking on their progress, Peter Holbrook, chief executive of Social Enterprise UK said: “The Buy Social Corporate Challenge was founded to galvanise large companies into creating positive change through their everyday business spend – benefiting the communities they work in and those the world over.”

In 2019 Amey will spend c.£1.5billion over 4,500 goods and materials suppliers, services suppliers and subcontractors. 75% of these are SMEs, including social enterprises.

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