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What is Social Value?

What is social value? Social value is the quantification of the relative importance that people place on the changes they experience in their lives. Some, but not all of this value is captured in market prices. It is important to consider and measure this social value from the perspective of those affected by an organisation’s work.

Examples of social value might be the value we experience from increasing our confidence, or from living next to a community park. These things are important to us, but are not commonly expressed or measured in the same way that financial value is.

At Social Value UK, we believe that social value has a huge potential to help us change the way we understand the world around us, and make decisions about where to invest resources. By changing the way we account for value, we believe that we will end up with a world with more equality and a more sustainable environment. You can join us on this journey by becoming a member.

We believe anyone can start to account for their social value, no matter the size of the organisation or the amount of resources available. Click on the following links to find out more:

Blog

Our Member Drop-In sessions have been POSTPONED
This is a short notice to let members know of our decision to postpone our upcoming Member Drop-In sessions on Friday 3rd December…
Announcing Rise Futures as Social Value Pioneers
Social Value UK is proud to announce Rise Futures as a Social Value Pioneer! Ahead of their joining, Social Value UK spoke to them…
UnLtd, Big Issue Invest and Social Value UK to launch free diversity,…
Big Issue Invest (BII), UnLtd and Social Value UK (SVUK) are excited to announce a new partnership to co-develop a toolkit to support social purpose organisations…