Framework for Defining Social Value
From our activities under the Social Value Programme, UKGBC identified a need from the built environment sector to establish a definition of social value that focussed on the impact that buildings, infrastructure and places have on people. In June 2020, UKGBC brought together 23 industry stakeholders to form the Social Value Task Group with the ambition to define social value for the built environment in a way which is applicable for every project or place.
The resulting framework sets out a high-level definition of social value for the built environment as a whole and provides a framework for defining social value for any individual project or place. The guidance also includes a high-level process and principles for delivering social value across the asset lifecycle.
If you have any questions on the framework or would like to be involved in our ongoing work, please email email@example.com.
Our continued work in this area is made possible thanks to the generous support of our partners; Argent, Avison Young, Buro Happold and Federated Hermes.