About Us
Reimagining places for people to thrive.
We are Wates, the UK’s leading family-owned development, building and property maintenance company. Founded over 125 years ago, we know about the built environment. We partner with a wide range of public and private sector customers and partners to create the places, communities and businesses of tomorrow.
6,000
Employees (2024)
£2.4bn
Turnover (2024)
£395m
Social value generated (2024)
33%
Reduction in Scope 1 & 2 emissions against a 2019 baseline (2024)
Reimagining places for people to thrive
Now in our fourth generation of family ownership, we are committed to the long-term sustainability of the built environment and to making our industry more inclusive and representative of the communities we work in.
Our goals are to be more sustainable, trusted and progressive, and our people are driven by our behaviours of ‘we care’, ‘we are fair’, and ‘we look for a better way’.
Long term financial resilience
As a multi generational, family-owned business we are not driven by short term shareholder demands, but by decisions which are in the long term interest of the business.
Our owners, the Wates Family, are committed to handing over to the next generation, an even stronger, more sustainable business. This approach drives all our investment decisions and allows us to achieve progressive earnings growth and to partner with customers to deliver products and services that offer the best value for money possible.
Health and safety
Our safety strategy: Zero Harm: We’re Safer Together, has produced better results every year since it was first introduced in 2016.
It is aimed at eliminating physical and psychological harm entirely from all our workplaces. In 2022, we led the industry across all key health and safety metrics, while continuing to search for new ways to make us even safer still.
Quality
We are committed to eliminating the practical and economic impacts of any quality failures from each of our businesses, while also achieving full compliance with all relevant regulatory and legislative standards.
Our commitment to quality across the industry was demonstrated through our role in helping draft the Government’s Construction Playbook best practice guide in 2022.
Inclusion and diversity
Our ambition is to have a more diverse workforce and to be recognised as a leader in promoting diversity and inclusion in our own business and in the wider industry.
We are developing a more inclusive culture by establishing clear, non-negotiable expectations about colleagues’ behaviour and language.
We have developed award-winning inclusivity programmes to help change our culture, and we are always looking to build on that work further.
Environment
Sustainability is at the heart of everything we do. We are committed to becoming a net zero carbon company and we’re working to eliminate Scope 1 and 2 carbon and waste from our business operations.
We are also collaborating with customers and suppliers to achieve reductions in Scope 3 emissions in response to rapidly developing customer demands as the net zero agenda becomes ever more important.
Innovation
We have always looked for new and better ways of meeting our customers’ needs and we are committed to developing and embracing the best new ideas that generate value and help us to tackle shared challenges.
Whether we’re cutting operating costs with optimised construction or saving energy with Passivhaus technology, we can connect you with the right answers.
Get in touch
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