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Sustainability

Sustainability

Social Value

Social Value is more important than ever and has a key role to play in tackling the challenges faced in the built environment.

The long-term wellbeing and resilience of our communities has never been more critical, and the world of social value is maturing rapidly. Organisations can no longer afford to ignore the communities in which they work. Investors and clients are holding their supply chain to higher standards of accountability, with robust measurement and reporting requirements focusing on long-term, evidence based outcomes.

In late 2020, the Government published its Social Value Model in the Procurement Policy Note 06/20 (PPN 06/20). It subsequently published guidance on exactly how to use the Model, and metrics to measure impact. This has the useful effect of defining exactly how organisations can implement the Public Services (Social value) Act 2012. The PPN 06/20 requires central government procurement to explicitly evaluate social value, with a minimum 10% weighting of score put on the topic.

Measuring Social Value requires a deeper understanding of organisational objectives, supply chains, and the supplier base. The purpose of the School’s Social Value Tools report is to assist the Partners and Members of the Supply Chain Sustainability School with relevant information required in understanding the narrative behind the measurement of Social Value, including: what parameters should be considered for Social Value measurement, what Social Value reporting tools are currently available as well as with case studies demonstrating the different approaches to measuring Social Value that can be taken.

Developed by the Supply Chain Sustainability School and delivered through Action Sustainability, this guide explores commonly used terms in discussions about social value and illustrates their connection to evolving concepts. While this guide doesn’t encompass an exhaustive list of terms, it aims to define and differentiate the key terms frequently encountered in social value discussions.

The guide contains the following:

  • A list of key terms and their connection with social value;
  • An illustration which attempts to categorise key terms associated with social
  • value according to international bodies, the EU, the UK, and other local entities;
  • A collection of responses from social value webinars and workshops that demonstrate changing social value trends and;
  • A list of resources related to each term to provide additional information.

Social Value - Sustainability Short

In this short animated video, we explore what Social Value is and the different meanings Social Value can have. We also look at the benefits that can occur from delivering Social Value and different examples of Social Value that can be delivered in a local community.

Social Value – Sustainability Short

Social Value topics aligned with PPN 06/20

View the Social Value related topics below aligned with the 5 themes in the Government’s Social Value Model – PPN 06/20:

Topic
Covid-19 Recovery

Helping local communities to manage and recover from the impact…

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Topic
Energy and Carbon

Climate change is the biggest issue of our time and…

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Topic
Equal Opportunity

Tackling workforce inequality and reducing the disability employment gap.

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Topic
Tackling Economic Inequality

Creating new businesses, new jobs and new skills.

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Topic
Wellbeing

Addressing wellbeing and welfare improvement across the whole value chain…

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Social Value related topics

To help our members to develop a holistic understanding of the impacts relevant to Social Value, we also offer a suite of resources on the following related topics:

Topic
Air Quality

The quality of the air we all breathe often gets…

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Topic
Community

How companies in the built environment interact with the communities…

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Topic
Employment

Encouraging the use of local people and those from diverse…

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Topic
Energy and Carbon

Climate change is the biggest issue of our time and…

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Topic
Fairness, Inclusion & Respect

Making our workplaces even better for everyone.

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Topic
Supplier Diversity

Providing free and fair opportunities for all businesses to bid…

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Topic
Training & Skills

Attracting, developing and retaining talent to improve productivity and enable…

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Topic
Wages

4.8 million workers are paid less than a real Living…

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Topic
Wellbeing

Addressing wellbeing and welfare improvement across the whole value chain…

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What Social Value means to Network Rail

Find out through this video about Network Rail’s approach to delivering social value through its social value framework covering economic prosperity, equal opportunity, wellbeing and COVID-19 recovery.

What Social Value means to Network Rail

Social Value Learning Pathway

 

Social Value: Measuring and Reporting: Different Approaches

This self-enrol learning pathway contains intermediate-level resources that will help to understand and demystify the measurement and reporting aspects of Social Value. The content will introduce you to different approaches of Social Value measurement, related terminologies, and the latest case studies from the industry. It is the perfect pathway to start if you want to know more about measuring Social Value and different approaches to make this journey simpler for you and your supply chain.

The pathway assumes a basic understanding of Social Value. If you don’t have this level of understanding, we recommend completing the ‘Social Value: What is it and Why is it Important? 2022′ pathway.

Social Values Tool Report Front Page Thumbnail
Social Value Tools Report
The purpose of this report is to assist the Partners and Members of the Supply Chain Sustainability School with relevant information required in understanding the narrative behind the measurement of Social Value, including: what parameters should be considered for Social Value measurement, what Social Value reporting tools are currently available as well as with case studies demonstrating the different approaches to measuring Social Value that can be taken.
View the Report
Social Value by Design
Designers and architects have been largely excluded from discussions around social value. Their decisions, however, have a significant impact on the social value that can be generated during the construction and operation of assets. The Supply Chain Sustainability School convened a special interest group that collaborated on a ground-breaking document, “Social Value and Design of the Built Environment”. This identifies how social value can be optimised through each stage of the RIBA Plan of Works, and rail and road equivalents. Tools and case studies are provided to trigger ideas and discussion.
Read the guide
Social Value in the Built Environment - Industry Briefing 2020
An update of the Supply Chain Sustainability School's social value in the built environment, encapsulating the different approaches of School Partners and members to social value and to provide tips to help members work more effectively on social value.
View the Report

Latest Social Value resources

Here are a selection of key social value resources that cover areas such as communities, skills and training and employment.

Employment
Community
Employment
Wellbeing
Offsite Manufacture
Community
Community
Employment Conditions
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