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SOCIAL VALUE POLICY Version 1 Social Value Policy COR/039/V1.01 July 2015 Version 1 1 Subject and version number of document: Social Value Policy Version 1 Serial number: COR/039/V1.01 Operative date:

How to fill out social value policy

How to fill out social value policy

1. Step 1: Start by understanding what a social value policy is and why it is important. Research and gather information on the key principles and goals.
2. Step 2: Assess your organization's mission, values, and objectives. Determine how a social value policy aligns with your overall goals and strategies.
3. Step 3: Identify the stakeholders who will be affected or involved in the implementation of the social value policy. This may include employees, customers, suppliers, and communities.
4. Step 4: Develop a clear and concise social value policy. Outline the purpose, scope, and expected outcomes. Include specific actions, targets, and timelines for implementation.
5. Step 5: Communicate the social value policy to all stakeholders. Provide training or informational sessions to ensure understanding and alignment with the policy.
6. Step 6: Establish mechanisms for monitoring and measuring the effectiveness of the social value policy. Define key performance indicators and reporting processes.
7. Step 7: Adapt and improve the social value policy based on feedback, learnings, and changing societal needs. Regularly review and update the policy as necessary.
8. Step 8: Continuously communicate and promote the social value policy within your organization and externally. Share success stories and progress updates with stakeholders.
9. Step 9: Integrate the social value policy into your organization's operations, decision-making processes, and procurement activities.
10. Step 10: Seek external verification or certification to demonstrate your commitment to social value and hold yourself accountable.

Who needs social value policy?

1. Government organizations and public agencies that aim to promote sustainable and responsible practices in various sectors.
2. Private companies and corporations that want to enhance their corporate social responsibility efforts and contribute to the well-being of society.
3. Non-profit organizations and charities that prioritize social impact and want to align their operations with their mission and values.
4. Contractors and suppliers who want to demonstrate their commitment to social value and improve their competitiveness in public procurement processes.
5. Communities and individuals who seek transparency, accountability, and positive social change from organizations they interact with.

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What is social value policy?

Social value policy is a set of guidelines and practices aimed at maximizing positive outcomes for society and the environment.

Who is required to file social value policy?

Organizations and businesses that aim to demonstrate their commitment to social responsibility and sustainability are required to file social value policy.

How to fill out social value policy?

Social value policy can be filled out by including information on environmental impact, community involvement, ethical sourcing, and employee well-being.

What is the purpose of social value policy?

The purpose of social value policy is to ensure that organizations prioritize social and environmental considerations in their decision-making and operations.

What information must be reported on social value policy?

Information that must be reported on social value policy includes goals, initiatives, progress, and metrics related to social and environmental impact.