Corporate social responsibility
Orbit is one of the largest social enterprises in the UK. We implement a commercial approach and take measured risks to deliver our social mission of “Building Communities”. We make a profit, but our surpluses do not go to shareholders. Instead we invest all our profit back into the business, so that we can sustain a wide range of activities that make a difference to people’s lives.
We believe in responsible business and work hard to stay true to our values and integrate responsible business principles into everything we do.
A joint report by Orbit Group, Social Enterprise UK, Wates Living Space, PwC and the Chartered Institute of Housing entitled Communities Count: The Four Steps to Unlocking Social Value, reviews the impact of the Social Value Act on commissioning, procurement and contract management in the housing sector. It is the largest and most comprehensive survey since the introduction of the Social Value Act, examining the views of commissioners, their progress in delivering social value, and the role of social enterprise.
Watch Christoph Sinn (Research and Policy Manager, Orbit Group), Andy Hobart, (Managing Director, Wates Living Space), Nick Temple (Director of Business, Social Enterprise UK), and Mark Graham (Director, PwC) talk about the main messages form the report in this short video.
We have stated that we wish to improve the economic, social and environmental prospects of people and communities. Creating social value is therefore an integral part of our organisational ethos. Read our draft Social Value Policy here.
Click Here to find out more about Erith Park and its social value.
We are committed to measuring our impact. In 2013 we published a review of our social, economic and environmental impact between 2008 and 2013. In July 2014 we published a review of our impact in 2013-14 and will continue to produce an annual update each year.
Business in the Community
In 2014/15 we will use Business in the Community’s CR Index for the first time to benchmark our current performance in this arena and to identify improvements we can make.