CIHT will be hosting the first webinar in the brand new 1-hour 'CIHT Monthly Masterclass' webinar series on 20th January 2022 from 13:00-14:00.
The webinar will take place on the GoToWebinar platform and will see a set of 15-minute presentations from experts within the industry who will present on the topic of 'Social Value: Challenges and Opportunities for the Sector'. There will then be a 15-minute Q&A session towards the end of the webinar where the audience can ask speakers their questions.
This webinar is free for all CIHT Members too attend and charged for Non-CIHT-Members.
The last 10 years has seen the way in which the industry measures the benefits of infrastructure projects change. With the introduction of the Public Services Act in 2012, the need for the industry to go beyond measuring the economic impact of a project is clear, and the social impacts - and the value that these bring - need to be better highlighted.
The current issue, though, is not that there are few projects that highlight social value but that the current practice of measuring the social value created does not adequately do so. A better system is needed, and in doing so will enable better benchmarking and better practice.
In this CIHT webinar on social value, we explore the challenges and opportunities the sector has when it comes to social value facilitation in a project, ranging from local authorities, public bodies, and tier 1 contractors.
Synopsis: During this presentation, Emily will share how the Lower Thames Crossing will have a positive impact on people’s lives and wellbeing along the route – making the most of this significant public investment for local communities and the region.
She will explain how National Highways is reflecting local needs and priorities in the way the scheme is developed and delivered – from providing local jobs and training and helping local people back into work during construction, to supporting local SMEs and social enterprises and investing in local communities.
Emily will share how National Highways is working with local authorities and other government delivery bodies across the region to deliver additional initiatives that benefit local communities including.
Biography: Emily has been working on National Highways’ largest and most complex new road schemes since 2016, initially focusing on improving correspondence processes to deliver high-quality customer contact and use insight to inform project decision-making. Today she focuses on maximising the benefits of schemes for local people, the economy and the environment, from setting local skills and training targets to developing proposals for schemes to invest in local communities.
Her team now leads the development and delivery of the Lower Thames Crossing legacy programme - expected to see over £40m invested in the region before the first year of construction is even complete. She is also responsible for ensuring that the Strategic Case for the scheme robustly reflects the case for investment in the South East and the wider benefits that the investment will unlock for people in the region.
Emily previously worked for Cambridgeshire Chambers of Commerce where she supported local business growth and lobbied government to invest in key infrastructure, including the A14 Cambridge to Huntingdon improvement scheme.
Synopsis: Ines will talk about how corporates, investors, banks, regulators, governments and rating agencies have increased substantially in the past few years the focus on ESG and how the S(ocial) is gaining prominence and how it is impacted by the E and G. This links to risk, so Ines will also go through how societal risks are on the increase.
She will then discuss how companies, banks and governments are raising financing through social bonds, which have grown from circa $18 billion of issuance in 2019 to more than $160 billion in both 2020 and 2021; with links to reporting, metrics and the virtuous circle that is created between financing and social goals.
Biography: Ines is group treasurer at Tideway, a regulated utility and the company building London’s super sewer. Tideway has issued £1.7 billion of sustainable finance, including seventeen green bonds in public and private markets, a green US private placement and a sustainability linked revolving credit facility. Prior to Tideway, Ines worked for Citigroup where she advised and arranged financing for infrastructure and energy projects and later managed a portfolio of structured assets.
Ines has an Economics degree from Nova University of Business and Economics, a post-graduate certificate in sustainable business from the Cambridge Institute for Sustainability Leadership, is a non-executive board member of the Environment Agency and is Tideway’s representative at the Corporate Forum on Sustainable Finance.
Synopsis: Sue will explore the why social value matters, the policy convergence which is helping to make it a reality and the need for meaningful stakeholder engagement based on transparent business case processes – and how all of this is underpinned by the transformative role of digital technology.
Biography: Sue has a strong track record for driving complex transport and construction programmes to delivery. She is currently President of the Association for Project Management, a member of the Mayor of London’s Infrastructure Advisory Panel and a Royal Academy of Engineering visiting Professor at the Bartlett School of Construction and Project Management, UCL.
In March 2020, Sue joined Costain as Managing Director, Transportation to lead the Group’s Transport business, implement a sustainable growth strategy, and deliver profitable relationships with customers.