Do you feel confident describing social value?
For many organisations, it can feel overwhelming. Procurement requirements are increasing, reporting expectations can seem complex, and there is often pressure to demonstrate meaningful impact.
Put simply: social value is about creating positive outcomes for people and communities through the work you already do.
No matter the size of your organisation, there are practical and achievable ways to make a difference. How can you get started?
Start with what you know
You may already be delivering social value without realising it.
Have your employees volunteered their time? Have you provided work experience placements, supported a local school, or created opportunities for underrepresented groups? If so, you’re already contributing to social value.
The challenge is often not doing more. It’s doing it more strategically.
By aligning social impact activity with your business objectives, you can create programmes that are meaningful, measurable and beneficial for everyone involved.
Help your community and your team
Social value isn’t just about giving back to your community, it’s also a fantastic opportunity for you to invest in your team’s wellbeing. By creating a social value programme, it allows your team to become mentors, volunteer, and work on their personal development.
Social value also allows your team to use their expertise, networks and resources to address some of the real challenges facing young people today – from careers awareness and confidence-building to accessing opportunities and working on their employability skills.
Meaningful engagement with young people can strengthen your future talent pipelines, improve brand reputation, and boost employer engagement.