What happens when you’re already delivering social impact as a business but need to get better at reporting on and proving it? When social value legislation was introduced, community-spirited construction company The Casey Group Ltd (Casey) needed to...
Its been nearly 2 weeks since Highways UK, and so I want to reflect on the panel discussion "Action not words: ensuring social value goes beyond just lip service" on which I was a member. The discussion was insightful and thought-provoking, and it highlighted the...
Employee engagement matters. And the companies that have the highest levels of engagement tend to be those that also have well-developed social impact strategies. Here we highlight five key ways your social impact strategy can enhance employee engagement. These...
If your business is involved in public procurement - whether it’s with central government and its agencies, the NHS, or local authorities - you need to be on top of social value. If you’re new to the topic of social value or if you’re looking to find out more, read...
With the introduction of the Social Value Act in 2012 and the Social Value Model in public procurement since January 2021, we have seen significant adoption of social value within businesses across the UK in the last two years. With no clear definition of social...
When it comes to employment, diversity is an important topic and one that, while talked about a lot and outlined in the Social Value Model, is not always an easy thing to deliver on. Studies have repeatedly shown that diversity promotes productivity and innovation....
At Thrive, we’ve talked many times about what social value is, how it should be measured and reported on, and how businesses can win more public contracts by understanding it better. But until now our blogs have touched little upon the history of social value or...
Now in its eleventh year, Giving Tuesday is a global campaign that encourages individuals and businesses alike to act to support good causes. This year’s event is set to take place on November 29th, so now is the perfect time to start planning how Giving Tuesday...
On April 1 2022, all NHS bodies commissioning goods and services under the supervision of NHS England - plus bodies acting on their behalf - were required to give a mandatory weighting to Social Value considerations in awarding contracts. With the NHS accounting...
Having a social enterprise within your business can make a big difference when it comes to winning public procurement bids under the terms of the Social Value Model. In this blog, Thrive takes a look at one social enterprise that’s having a tremendous impact on job...
Small businesses aren’t exempt from the need to demonstrate social value when they bid for public contracts. And an SME that finds itself in competition with the big players is not at a disadvantage. In fact, the Social Value Model goes a long way to level the playing...
Covid-19 Recovery is the final Theme from the Social Value Model that we’re going to look at in this series of blogs. In some ways, the social and economic recovery from the pandemic of the last two years ties all the other Themes together: Equal Opportunity:...
Climate change is the greatest challenge of our age. And while it may sometimes feel overwhelming in its scale, the fact is that every individual and every organisation can play a part in preventing it. By now, most businesses in the UK carry out some kind of...
Did you know that many of your company’s “business as usual” activities are probably generating significant social value? That’s because one of the five Themes set out in the Social Value Model is “Tackling Economic Inequality”. And as we’ll show in this blog...
Welcome to the second of our series of blogs looking at the five social value Themes that the government set out in the Social Value Model. This time, we’re looking at Wellbeing. Just as in the last blog (on Equal Opportunity), we’ll explore: What kinds of...
The government’s Social Value Model has brought much-needed clarity to the questions of “what counts as social value?” and “how should it be dealt with in public procurement?” It explores in detail how procuring bodies and businesses looking to submit bids can adhere...
Capturing, calculating and tracking social value data does not just have to be for those with thousands of employees and big budgets. It is cost effective - and essential - for SMEs too. Here Kenny Waste Management - Manchester's largest independent total waste...
Here at Thrive, we help businesses demonstrate the extensive social value they create. Whether large or small, and irrespective of industry type, it's astonishing the hidden impact many businesses are having. Our tools help them show both stakeholders, the community...