Hanson social profit reported for first time
Company says more than £144 million worth of social profit generated in the UK in 2021
LAST year Hanson generated more than £144 million worth of social profit in the UK, reflecting their commitment to support initiatives that benefit the lives and well-being of all affected by the company’s activities, including the wider community.
The stated social profit figure for 2021 is £144,424,642, which was established through the delivery of a range of different performance indicators using the Loop monetization tool.
The total includes fiscal, economic, social, and environmental value. It includes everything from savings to the Government and taxpayer – for example, through an intervention that results in fewer workplace injuries, therefore reducing NHS costs – to reducing waste and carbon and improving well-being.
‘When we hear the word ‘profit’, we immediately think about money, but social profit is about the value we offer to society in a wide range of ways,’ said sustainability director Marian Garfield.
‘We are proud of the benefits we bring to the people and communities in which we operate: in terms of employment, support for local communities, health and well-being, and protecting the environment.’
By way of examples, last year Hanson planted 20,253 trees, employed 17 new apprentices, supported 370 research projects, protected 91,000 sq m of wetland, and trained 64 mental health champions.
