This event will:
- Focus on the measurement of Social Value and how to apply it effectively in the measurement, quantification, valuation in
- Supply Chain management
- Public Procurement
- Promoting local and inclusive growth
- Set out effective new measures which can be applied to meet investment, resource allocation and procurement reporting and choice
- Provide more robust basis for corporate management and public procurement to take a view on social value based on sector benchmarks backed by statistical evidence of value added.
- Respond to the growing interest in social value, in corporate and in larger scale new metro mayors.
- Respond to the Evolving policy and legislative environment characterized by: numerous UK regulations that affect and relate to social value;
- Public Services (Social Value) Act 2012 – a key driver of recent interest across the UK) councils extending the spirit of the Act
- Fill the gaps in the Social Value Act on definitions and measurements based on work carried out since 2012.
- Discuss how we can meet the challenges set out in the BSI 2016 review of Social Value standardisation: – Credible, consistent and widely agreed definition of ‘social value’ and associated terms
- Suitable approaches to reporting on social value, including reporting boundaries, materiality, evidence and validation or auditing
- Role for sector-specific or issue-based approaches to assessing value
- An overall/framework approach to (assessing) social value, including: place of quantification and monetization in the overall assessment
- Clarity on the differentiation between social value outputs and impacts
- Addressing the collapse in public trust with sustainable responses and actions
