Social Value Task Group

Added

June 1, 2020

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Research & Innovation

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In July 2020, the Social Value Task Group was convened to develop a definition of social value for the built environment. The ambition was for the definition to be applicable to all building types and asset classes, across all stages of the building lifecycle.

The challenge

• 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.

Framework for Defining Social Value

The Framework provides a definition of social value for the built environment and outlines how to define social value for any project or place. This aims to bring clarity to the concept of social value in the built environment, while providing real and actionable principles and processes to create impact in every project or place.

DOWNLOAD: FRAMEWORK FOR DEFINING SOCIAL VALUE

Next Steps:

Next year, the Social Value Programme will be launching a forum to support members wishing to align with the framework. If you are interested, or would like to find out more, please contact anna.biggs@ukgbc.org

The task group includes representatives from the following organisations:

Avison Young
Argent
Arup
Berkeley Group
Bruntwood
Buro Happold
Currie & Brown
Envoy Partnership
Federated Hermes
First Base
Greater London Authority
Hatch Associates Ltd
Hoare Lea
igloo regeneration
Kingspan
Peel L&P
RealWorth
Social Value Portal
SOM
Stories
Stride Treglown 
Turner & Townsend
Useful Projects 

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: