What is Social Value?

Social Value is the additional economic, social and environmental benefits that can be created when the council purchases from an outside organisation, above and beyond the value of the services purchased.

Social Value is defined by The Social Value Portal as:

“An umbrella term for the wider economic, social and environmental effects of an organisations activities. Organisations that make a conscious effort to ensure that these effects are positive can be seen as adding social value by contributing to the long-term wellbeing and resilience of individuals, communities and society in general.”

Social Value deliverables may be assessed across the 4 following areas:

  • promoting local skills and employment (jobs and skills)
  • supporting growth of responsible regional businesses (economy)
  • creating healthier, safer and more resilient communities (community)
  • protecting and improving our environment (environment)