Social Value Task Group
The Social Value Task Group has been convened to develop a definition of social value for the built environment. The ambition is for the definition to be applicable to all building types and asset classes, across all stages of the building lifecycle.
The current challenge
- There is still a lot of confusion around social value in the context of the built environment
- Planners, procurement teams and investors either don’t know what to require from delivery partners, or set those requirements in a very inconsistent way
- There are often calls for standardisation (e.g. around measurement), but also flexibility – getting this balance right is difficult
A Framework Definition
We believe that a framework definition could help cement a definition of social value within the built environment, whilst enabling the concept to remain relevant to a broad variety of development types, geographies and communities. A framework definition could provide the industry with a common language, consistent principles and an agreed hierarchy of delivery.
Thank you to everyone who has responded to the consultation on this topic. The definition is due to be published February 2021. Email email@example.com to sign up to updates.
The task group includes representatives from the following organisations:
Currie & Brown
Greater London Authority
Hatch Associates Ltd
Social Value Portal
Turner & Townsend
The task group is being supported by the following organisations:
And is made possible thanks to the generous support of our Social Value Programme partners: