Social Value Portal

The Social Value Portal is 'the place' where business comes to learn about social value; understand public sector targets; listen to community needs and meet third sector providers. The company aims to promote better business and community wellbeing through the integration of Social Value into day-to-day business. The company offers the Portal, an... online solution that allows organisations to measure and manage the contribution that their organisation and supply chain makes to society, according to the principles laid out within the Public Services (Social Value) Act 2012. The company's solution allows organisations to report both non-financial and financial data, and rewards organisations for doing "more good" in the community. The company can measure environmental, social and economic activities and will help identify and measure the additional Social Value delivered through your project in terms that are meaningful to your customers. The company also launched the National TOMs Framework back in 2017 alongside the National Social Value Taskforce. The aim of the National TOMs Framework is to provide a minimum reporting standard for measuring social value. For those organisations (private and public) just starting out on their journey to embed social value into their procurement and management processes, it provides an easy-to-use solution that is immediately available and may be applied to any project. For those organisations that are already well advanced, the hope is that they will integrate these standards into their measurement approach as a minimum and add any Measures that they presently do not have in their own toolkit. The Social Value Portal allows organisations to procure, measure, manage and maximise their social value.Read More