Social Value Report 2021-2022

SUPPORTING SMALL TO MEDIUM-SIZED ENTERPRISES (SMEs) Supporting local SMEs drives a number of benefits in local communities, promoting further employment and training opportunities, and increasing the wealth in the local economy as more local people are employed and therefore spend a percentage of their income within their community.

The Social Value Model has five themes, supporting SMEs in the supply chain figures highly in both Theme 1 - Recovery from COVID-19 and in Theme 2 - Tackling Economic Inequality.

Over the last 10 years, FM Conway has increased the number of SMEs we support - our largest amount was during 2021 as the country was recovering, with 194 new SMEs being added to our supply chain.

During our Financial Year 2021/22 we spent over £83 million with SMEs, which accounted for over 30% of all our invoicing.

FM CONWAY SMEs 2012-2022

201

245

295

341

395 468 534 638 750 944 987

2012

2013

2014 2015

2016

2017

2018

2019 2020 2021

2022

44