Social
Our commitment to safety sits at the heart of our business.
Our Health and Safety Policy is constructed with the clear objective of eliminating accidents and injuries at work. This is critical to all of our stakeholders, from our people to our customers, which is why we adopt a ‘collective responsibility’ mind-set across our operations. This encompasses risk awareness, protocols and training, and making the safety of the workplace and our customers’ sites our employees’ responsibility.
Our safety standards have been recognised by:
Network Rail – Route to Gold
RoSPA – Gold Award for Occupational Health and Safety for the seventh consecutive year
Equality, Diversity and Inclusion
At Speedy, we believe in providing fair and equal reward and recognition for our peoples’ contribution, no matter what part of our business they work in, and in promoting equality and diversity, to encourage inclusivity across every aspect of our business. Our recruitment team works to attract applicants from a wide variety of backgrounds, increasing diversity at all levels and in all roles.
During FY2021 we introduced a new Equality, Diversity and Inclusion (EDI) working group. We also introduced a range of EDI questions into our People Matters survey to help us identify how we can move this agenda forward during the coming year.
Under The Equality Act 2010 (Gender Pay Gap Information) Regulations 2017 we publish our Gender Pay Gap report. We are pleased to report that as a Group we have no significant gender pay bias. We will continue to ensure that employees are rewarded and recognised fairly for their contribution and that they have equal access to opportunities within all areas of the business.
Our people: Driving forward a progressive, inclusive culture
Our people are committed and highly trained colleagues who want to be part of a progressive, inclusive and sustainable organisation. We aim to provide a good work life balance and support the communities we work in. Our gender diversity commitment includes a target of 30% female by 2030.
Colleague engagement
As a people first business colleague engagement is central to our success. We conducted our annual colleague engagement ‘People First’ survey during December 2022 and January 2023 and were pleased to achieve a response rate of 73% and an engagement score of 77%, which is 5% higher than the external benchmark.
Download the ESG brochure to learn more about our people engagement strategy
Mental health and wellbeing
Our people feel passionate about the mental health and wellbeing of their colleagues. We have over 50 volunteer Mental Health First Aiders throughout the business, trained to identify potential mental health issues in the workplace, and proactively promote strategies for positive mental health and wellbeing amongst our colleagues. Further support is available to colleagues through our Employee Assistance Programme. We have set up a Wellbeing Committee which is Chaired by our HR Director and consists of colleagues from across the business to consider all aspects of employee welfare. During FY2021 the committee has developed a number of campaigns and initiatives promoting a healthy approach to mind and body.Personal development
Our new ‘Career Line of Sight’ scheme is supporting the learning and development of our people at all levels of seniority.
Career Line of Sight is our promise to colleagues that we will:
• Provide a framework to demonstrate what good looks like.
• Invest in people development through supporting colleagues in progressing their career at Speedy.
• Ensure colleagues who are happy in their current roles are able to continually develop their skills to attain maximum performance within their areas of responsibility. By supporting and developing our people, we will further strengthen our strategy to Simplify, Standardise and Grow the business. The programme is already in place across our commercial teams, and is now being rolled out across operations.
Graduate and apprenticeship schemes
In January 2021 we joined the 5% Club, a group of employers working to create a shared prosperity across the UK, committing to raising the number of apprentices, graduates and sponsored students on formal programmes to 5% of the total workforce by 2026. This commitment will help ensure that the business has a sustainable future, creating opportunities for young people with new skills that will become the leaders of tomorrow.Download the ESG brochure to learn more about our graduate and apprenticeship opportunities
Early Careers
In June 23 Speedy became a corporate partner of The Early Careers Foundation. A social mobility charity aimed at breaking the cycle of poverty in the UK by helping young people from low-income backgrounds to access great first careers.
Part of the Community
Speedy people are part of the local communities all over the country. Its in our nature to join in, help solve the challenges we face today and get ready for the future. A decade of supporting our communities will help make a meaningful difference.
Charity and community
With c.3,500 colleagues spread across 200 UK locations, we touch the lives of thousands of families and hundreds of local com munities. It’s a responsibility we don’t take lightly, and we recognise our position as an opportunity to be a real force for good.
Our Charity Committee was set up in 2015. In the prior year we altered the scope and launched the Communities Committee, bringing together newly nominated ‘Community Ambassadors’ from across the business to shape our charity and community agenda moving forward. During FY2022 our people helped to raise more £75,246 for c. 40 charities and community groups charities, while contributing time and manpower to a wide range of worthy community causes. We also relaunched our volunteering policy to help our people to support charity and community causes close to their hearts.
We are proud to support three nominated charity partners; WellChild, The Lighthouse Club and British Heart Foundation and our new community investment partner the Warrington Youth Zone.
We support WellChild through its Helping Hands programme, which renovates homes and gardens for sick children, helping to make them fun and safe areas for the whole family to enjoy.
To help tackle issues in the construction industry we support The Lighthouse Club, the only charity dedicated to providing financial and emotional support to the construction community and their families.
In 2022 we partnered with the British Heart Foundation, to support raising funds for live saving research into heart conditions whilst simultaneously installed Automated External Defibrillators (AEDs) at all our operational locations UK Wide.
We recently joined forces with Warrington Youth Zone, as a patron, under our community investment programme. Warrington Youth Zone is a purpose-built facility for the town’s young people aged 7 – 19, and up to 25 for those with additional needs. Inside the Youth Zone young people have a choice of over 20 fun and engaging activities every day including sports, arts, music, media, dance, drama, cooking, employability and enterprise workshops, and much more.
Creating Social Value
Our work on the Including Everyone and Part of the Community strategy pillars has made a significant difference on our social impact. We use the HACT model, which provides a basic assessment of social impact and evidence of value for money to calculate the Social Value Impact (SVI) in the communities we work, employ and train. Our SVI for FY2022 has increased from £3,028,634 in FY2021, to £6,251,312.
Strategy in action: New long term partnership with the British Heart Foundation
During FY2022 we partnered with The British Heart Foundation, committing to help raise funds for life-saving research into heart conditions, whilst simultaneously installing Automated External Defibrillators (AEDs) at all of our operational locations UK wide. The defibrillators could make a life-saving difference for colleagues, customers, and local communities across the country. Our commitment to help raise funds for the BHF is part of a long term partnership with the charity. The money raised will help the BHF to fund life-saving research into heart and circulatory conditions such as coronary heart disease, stroke, vascular dementia and risk factors such as hypertension and diabetes. Colleagues are also participating in a BHFsupported health and wellbeing programme, which includes health checks and personalised advice on decreasing cardiovascular risk
Strategy in action: As One Charity Challenge
The As One Charity Challenge During FY2022 over 800 of our colleagues signed up for the ‘As One’ charity challenge to raise money for Mind and raise awareness about the importance of mental health. The challenge was for Speedy teams to collectively run, walk, swim or cycle 698 miles; the distance from our furthest southern depot in Camborne to our furthest northern depot in Inverness. The engagement and from colleagues was incredible, with 63,857 miles covered collectively, and raising a total of £24,739 and generating £1,113,209 of social value through supporting fitness and exercise amongst our 800 colleagues. We are running the challenge again in 2022, with the money raised being donated to our partner charities; WellChild, The Lighthouse Club, and The British Heart Foundation. During the next decade, we will be focusing our efforts on widening the net to support our communities to help make a meaningful difference.