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Social Value Progress and Future Strategy Appendix 1 Procurement and market research 1.The initial analysis undertaken by CLES looked at the top 300 companies within the Councils spend. This approach is effective in measuring social value, as the social value policy applies to contracts with a value over 100,000. In 2019/20 spend in excess of 100k was made with 327 suppliers. This spend could have been on 2 individual contracts each of 60k therefore social value wouldnt have applied

How to fill out social value progress and

How to fill out social value progress and

1. Gather relevant data on your project's social impact.
2. Define your key performance indicators (KPIs) related to social value.
3. Collect feedback from stakeholders, including beneficiaries and community members.
4. Fill out each section of the social value progress form with the collected data.
5. Provide examples and case studies to illustrate your impact.
6. Review and validate the information with your team before submission.

Who needs social value progress and?

1. Government agencies that fund social initiatives.
2. Nonprofit organizations focusing on community development.
3. Businesses wanting to measure their corporate social responsibility efforts.
4. Stakeholders and investors interested in social impact metrics.

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What is social value progress and?

Social value progress refers to the measurable impact an organization has on social, environmental, and economic well-being in communities, often assessed through various metrics and frameworks.

Who is required to file social value progress and?

Organizations that receive public funding or are involved in public contracts may be required to file social value progress reports to demonstrate their contributions to social value.

How to fill out social value progress and?

To fill out social value progress, organizations should collect relevant data on their social impact activities, using predefined metrics and formats, and then submit this information in the required reporting format to the appropriate authorities.

What is the purpose of social value progress and?

The purpose of social value progress is to ensure transparency and accountability regarding the social impacts of organizations, thereby promoting the integration of social value principles into business practices.

What information must be reported on social value progress and?

Information that must be reported may include quantitative and qualitative data on community engagement, environmental initiatives, economic contributions, and any measured outcomes of social value initiatives.