The new government has wasted no time in spelling out its ambitions to attract investment to achieve growth. But ‘growth’ doesn’t only have to be about boosting UK GDP – it also represents a huge opportunity to leave a positive and sustainable legacy in terms of social value. Construction can…
Tag Archives: Social Value
Jacobs’ social value guide aims to boost infrastructure project outcomes
Jacobs and the Major Projects Association (MPA) have created a guide to aid developers in embedding social value principles and techniques into major infrastructure projects.
How ESG factors can create sustainable outcomes for the public sector and communities
Environmental, social and governance (ESG) is no longer viewed as a box-ticking exercise for companies and private organisations, but fundamental in the management of public services. The term has matured to become a mainstream priority - from initially helping to manage risks or improve efficiencies, to being recognised as a…
Neom omits names of companies recognised at social responsibility awards
Neom, the Saudi Arabian government-led giga-project, has held an inaugural awards ceremony recognising its business partners’ “outstanding contributions” to social responsibility, but hasn't named them.
Getting creative on social value is key to maximising the power of civil nuclear investment
Civil nuclear power directly employs over 77,000 people in the UK and is worth £6.1bn to the economy, but the value is so much more than that. Add in the social value that the sector delivers and the benefit to the economy more than doubles to £16bn when you consider…
Trading anxiety for action: How to create a robust social value foundation
Where do you start when creating a social value strategy? What should you be measuring and how do you operationalise it? Creating an effective approach to social value is a complex challenge and the stakes are high, with stakeholders increasingly scrutinising unsupported claims.
Procurement Act lowers barriers for SMEs but social value details scant
The Procurement Act will lower barriers for small and medium enterprises (SMEs) to win government contracts but it does little to ensure that social value will be delivered, according to bodies that support organisations in procurement and delivery.
Trustee View | Adding social value to infrastructure
We all know about the Nimbys. We also know there are Bananas (Build Absolutely Nothing Anywhere Near Anything). Some with good reason, some less so. So how do we overcome people’s general antipathy towards critical infrastructure? In my role I encounter people genuinely worried and often angry about the visual…
Routes to Ukrainian reconstruction proposed as conflict reaches two-year anniversary
Industrialised construction could pave the way to a fast and efficient reconstruction of Ukraine, when peace is achieved, following the devastating conflict wrought by Russia.
Debate | How can infrastructure projects enhance social value delivery?
The Social Value Act became law in 2013. It requires public sector clients to factor in economic, social and environmental wellbeing when awarding construction contracts.