Managing and measuring social value
Social value refers to the network of environmental, social and economic impacts resulting from an organisation’s activities.
In response to the global policy landscape and the United Nations 2030 Sustainable Development Agenda, the UK enacted the Public Services (Social Value) Act 2012. This legislation codified the principle of generating benefit to communities through high quality, sustainable development.
The long-term wellbeing and resilience of our communities has never been more critical, and the world of social value is maturing rapidly.
Investors and clients are holding suppliers to higher standards of accountability across the design, manufacture and construction, use, and post-occupancy stages of development. Robust measurement and reporting on social value depend on long-term, evidence-based outcomes.
Social Value: What does it mean to us?
Case study – VINCI Facilities’ approach to social value and examples of initiatives and programmes delivered with customers Peabody and Sandwell Council.
Partnership with the UKGBC Task Group
The Supply Chain Sustainability School, with our delivery partner, Action Sustainability, sits at the forefront of emerging trends in social value practice and discourse.
We are a proud partner of the UKGBC’s Social Value Task Group and work closely with thought-leaders from across the industry to share fresh insights from across the value chain.