Social Value
Social value refers to the positive impact an organisation or development generates for society and the broader community through its activities, operations, and relationships. It goes beyond traditional financial measures and considers the non-monetary contributions that businesses and other entities make to improve the well-being of individuals, communities, and the environment.
Social value encompasses a wide range of factors that contribute to the overall betterment of society and is associated with concepts such as Corporate Social Responsibility (CSR) and Environmental, Social, and Governance (ESG) practices.
Carbon.Climate.Certified work collaboratively with organisations and developers to develop a well-structured and impactful social value strategy in line with The National Toms Framework – a framework that is widely recognised as the best standard for measuring and reporting on social value. Working to this flexible, yet robust framework, we work with our clients to develop a clear set of social value commitments that align with their company vision and the needs of the local area.