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- 2022 Sustainable Development
- 2016 Sustainable Development
- 2011 Sustainable Development
Wates Group is proud to have been awarded the Queen’s Award for Enterprise, Sustainable Development, for the third time, in this its 125th anniversary year.
As one of the UK’s leading family-owned construction, residential development and property services companies, it is driven by its purpose of working together to inspire better ways of creating the places, communities and businesses of tomorrow – and by the Wates family ethos that business, done well, is a force for good in society.
Its sustainability strategies have bold commitments and targets, which are guided by the United Nations Sustainable Development Goals. It has set out targets to achieve Zero Waste Carbon from its operations by 2025. It also works to ensure its projects leave a positive impact on the natural environment, partnering with its customers, suppliers and other stakeholders to achieve this.
The company is delivering environmentally sustainable projects, including some of UK’s first net-zero schools with the Department for Education, partnering with Arup and HKS to decarbonise the NHS estate in England, and working with Lloyds Banking Group to find energy-efficient innovations through the unique Wates Innovation Network.
Its commitment to leaving a positive legacy in our communities is demonstrated through its longstanding commitment to procurement via social enterprises, which in 2021 amounted to £6.8m.
Its five-year social value strategy was launched in 2020 with three central themes: challenging inequality, inspiring and educating young people about careers in the built environment industry, and supporting and scaling the social enterprise sector. In 2021, it generated social value of £115.9m through its programmes and its work with partner social enterprises, including engaging 12,000 young people. The company also launched ASSETS, a pioneering six-month social enterprise business mentoring programme to support organisations to scale.
For Wates, sustainability is about more than a programme or series of interventions. It is intrinsic to the way it does business, the way it operates, and how it supports, inspires and engages others to achieve sustainable outcomes.