We are committed to improving the social and economic conditions of the communities in which we operate. We seek to have a positive impact within our local communities through making charitable donations to worthwhile causes and engaging with local communities in a variety of ways, including contributing time, resources and expertise, where there is a local need.
The Spirax Sarco Group Charitable Trust (Trust) makes donations in accordance with the Group Charitable Donations Policy. Our primary focus is education (particularly in the sciences and engineering), but we seek to identify and respond to local needs and will also make donations and organise activities in support of the underprivileged young, disadvantaged, disabled and elderly, and contribute to natural disaster relief.
During 2018, the Spirax Sarco Group Charitable Trust, made 61 donations with a total value of £263,000, including a £25,000 donation to Engineers Without Boarders, UK, a charity that seeks to inspire young engineers and embed global responsibility into engineering. The Trust also partnered with the Institution of Engineering and Technology (IET) to sponsor five “Faraday Challenge” events in schools local to our UK operations. The Faraday Challenge is an annual engineering competition in which teams of students, aged 12-13 years, compete to see who can design, create and promote the best solution to a given challenge. The Trust has also committed to sponsor five IET “Engineering Horizons Bursaries” for the next four years. The bursaries of £1,000 per annum will be paid for four years to selected engineering students or apprentices pursuing a career in engineering.
A further £181,000 was donated to charitable causes by our operating companies during the year; in-kind donations with an estimated value of £45,000 were donated; and our employees contributed over 4,850 hours of working time to community engagement activities. Using an average hourly salary to estimate the cost to the company of employee volunteering, and including management costs, we estimate that the total value of our operating companies’ community engagement activities in 2018 was in excess of £340,000. In addition, our employees donated £55,000 of their own money and over 1,650 hours of their own time in workplace organised fundraising and community engagement activities.
Community engagement examples
Employees of Spirax Sarco Thailand worked together to build a chicken and a mushroom farm at a rural school in central Thailand. The project, which also included the design and installation of an irrigation system, was funded by Spirax Sarco and employees contributed working and free time over a period of two months to complete the project. Children at the school – many of whom previously went hungry as their parents could not afford to pay for school meals – will now receive nutritious lunches and will be taught agricultural skills to increase their self-sufficiency in the future.
Spirax Sarco Mexico has partnered with a local school for academically gifted students. In 2018 the company invited 30 pupils to spend the day on site to raise awareness of career opportunities in engineering. The company initiated a poster contest at the school with the theme “Women in Engineering” and the three winning contestants, and their families, spent a day at Spirax Sarco. Company employees delivered a lecture about renewable energy, planted 60 trees and attended the school’s graduation ceremony. The company also established a scholarship scheme for three university-level engineering students; one from each of the following disciplines: mechatronics, industrial engineering and software engineering. Spirax Sarco pays 40% of the scholarship recipients’ university fees and provides mentoring and work experience.
Spirax Sarco Singapore has partnered with the Myanmar Engineering Society to provide steam system training to engineering students in Yangon, Myanmar. The month long course, which includes three weeks of self-study and a week of practical demonstrations and factory visits, is hosted by the Myanmar Engineering Society, with Spirax Sarco providing all training materials, stationary, time and expertise free of charge.
Spirax Sarco UK sponsors the annual Cheltenham Science Festival. The company designs a stand, which is manned by our employees, through which it engages local people and, in particular, children in engineering and the science of steam and its modern applications.
We also host STEMnet (Science, Technology, Engineering and Mathematics Network) events at our Cheltenham manufacturing and R&D site.
In addition to a focus on education, we recognise and respond to local needs.
During 2015, Spirax Sarco Malaysia built a home for an underprivileged Orang Asli family, Omis, Manah and their three children, within Peninsula Malaysia. With a safe home, Omis, a rubber tapper, can now focus on providing his family with food and ensure that his children have the necessary equipment for school.
In Spirax Sarco South Korea, our employees have a club called “Help” which reaches out to the disabled and less fortunate in the local community through giving time and money to help those in need. Activities include visiting and helping at a centre for the disabled; staffing a soup kitchen; and twice a year delivering coal, bread and rice to the elderly. The Club is financed by donations from the company as well as from money raised by collections and fundraising events organised by the Club members.
Throughout the Group, our employees are working to positively affect the communities in which we operate.