Social & Economic Impact

Thank you to our customers who tirelessly continue to find creative and innovative ways to meet the needs of communities and people all over Scotland. The statistics shown on this page and throughout this year’s report demonstrate the impact of their activities.

As in previous years, SIS commissioned FMR Research, an independent social research consultancy, to conduct the survey and analyse the findings on our behalf.

Beneficiary Data

33%

of beneficiaries were estimated to live in the 0-15% most deprived areas of Scotland

(as classified by the Scottish Index of Multiple Deprivation)

SIS customers work with a significant range of people. The primary beneficiaries organisations engage with are:

68%

anyone in the local community

51%

children / young people / families

48%

people experiencing long-term unemployment

43%

people living in poverty and/or financial exclusion

41%

people with learning disabilities

Economic Impact

As more investments are made in communities, illustrated by the numbers on the financial highlights page, these support an uplift in employment and trading income, contributing to Scotland’s economy and social fabric.

Employment

3,028

jobs sustained

6,279

total employees

454

jobs created

56,381

volunteer hours per month

Turnover

£172m

total turnover

£22m

increase since 2014

£100m trading

£55m grant

£17m other

Sustainability

In the past 12 months:

18%

of customers would not be here without SIS

57%

of projects would not have gone ahead without SIS investment

SIS customers’ view

Key strengths

64%

have already recommended SIS to another organisation

80%

believe SIS staff are friendly and helpful

Key weaknesses

14%

believe that it can take too long to set up a loan with SIS

37%

think that interest rates are too high

36%

of SIS suppliers are social enterprises, constituting 6.5% of our total supply expenditure.

This includes:

  • Changeworks – waste management
  • McSence – office cleaning
  • Social Bite – office catering
  • WildHearts – office stationary

Social Surplus Fund

A share of SIS' financial surplus each year is spent on supporting social investment-related activities. Recently, we've:

  • Helped our customers attend the HIE Social Enterprise Summit 2015, Inverness
  • Funded our first 'Social Entrepreneur in Residence' in partnership with Entrepreneurial Scotland
  • Brought a US model of CDFI credit ratings, 'Aeris', to the UK for the first time
  • Attended the Social Enterprise World Forum 2014, Korea