Join Login

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

India is facing a devastating second wave of COVID-19 and we MUST…
As you all know, India is currently facing a devastating second wave of COVID-19, with over 200,000 dead (though many estimate the true number is much…
Announcing our monthly Members’ Coffee Morning sessions!
We are pleased to invite SVUK members from ALL sectors to our monthly Members’ Coffee Mornings, with the first session taking place on May 25th .…
Pilot for ground-breaking Value Toolkit takes off
A first look at the future of informed, value-based decision-making in the built environment is now  available.   The Construction Innovation…