Social Value Management Certificate

What is the Social Value Management Certificate?

The Social Value Management Certificate (SVMC) is a multi-level award for organisations, departments or projects. It helps them:

  • Manage risks: Preparing for the SVMC helps you identify the risk of unintended and negative outcomes, giving you confidence about the future.
  • Maximise impact: The SVMC process can help you make evidence-based decisions to maximise your social impact.
  • Improve practice: The SVMC process helps you embed good practice as you follow a clear pathway for improvement where progress is made at every level.
  • Gain competitive advantage: The SVMC shows investors, customers, commissioners and others that your work aligns with the international standard for managing social value. Stakeholders are more likely to support your organisation if they know you are improving society.

Level 1: Commit

Level 2: Implement

Level 3: Maximise

Level 1: Commit

An organisation or programme must demonstrate a commitment to embedding the SVI Framework and The Principles of Social Value into its policies and practices, supported by senior management and/ or the board. This means an explicit commitment to managing the social value being created in the organisation for all stakeholders.

Level 2: Implement

The organisation or programme must show that the commitment to managing social value in alignment to the SVI Framework and the Social Value Principles is being implemented into the organisational practice. This will include evidence of data that has been collected.

Level 3: Maximise

The organisation or programme must demonstrate that social value is being managed with an aim to maximise the value that is being created within the organisation’s available resources for all stakeholders. This means social value data is being used in organisational decision making continuously and systems and processes are being reviewed and improved.

How to apply

The SVMC has three levels which are completed in sequence, starting from Level 1. To apply:

Assurance ServiceRound OpensRound Closes
Social Value Management Certificate Round 1Monday 4th March 2024Friday 15th March 2024
Social Value Management Certificate Round 2Monday 3rd June 2024Friday 14th June 2024
Social Value Management Certificate Round 3Monday 16th September 2024Friday 27th September 2024
Social Value Management Certificate Round 4Monday 2nd December 2024Friday 13th December 2024

The dates of application rounds for 2025 can be found here.

Fees

Fees for each level of the application are as follows:

 

Organisation sizeFee
Small£600 (£500+VAT)
Medium£900 (£750+VAT)
Large£1200 (£1000+VAT)
Very large£1500 (£1250+VAT)