Governance

The Impact Evaluation Standard is guided by an independent Steering Committee. Learn who they are, and how you should provide audit and assurance documentation

Independent Social Value Steering Committee

The evolution and rigour of the Impact Evaluation Standard is guided by an independent steering committee of recognised leaders from different sectors, with multi-decade experience in social impact valuation and delivery. The steering committee works alongside the commercial committee and is supported by specific specialist sub-committees (including for the Social Scorecard), which are set up to investigate certain areas or sectors in detail.

Rob wolfe

Rob Wolfe

Rob has worked in physical and social regeneration at a front line and strategic level for 20 years. He has been a key influence in local and national social value policy.

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Mark Cottam

Mark Cottam

Mark Cottam is a social sustainability leader with 15+ years in the construction industry. He drives social value strategies, aiming for lasting community impact and industry best practices, contributing to initiatives that enhance social responsibility and meaningful change.

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Hellen Hall

Helen Hall

Helen is a social value specialist, with in-depth experience in strategy and delivery in the IT sector. She sees effective measurement as a critical way of linking social impact and business benefit.

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Emma Ward

Emma Ward

With over 20 years’ experience in the environmental and sustainability arena, Emma has a passion for supporting the delivery of projects that have purpose and lasting legacy.

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Sophie Timms

Sophie Timms

Sophie is a seasoned public affairs expert with significant experience in working with central government and operating complex stakeholder engagement projects.

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Leigh Hughes

Leigh Hughes

Leigh Hughes is a leader in social value, consultancy, and business strategy. He champions community impact, sustainability, and responsible business practices, driving social value initiatives that support positive change across industries while contributing to strategic growth and development.

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Maureen

Maureen Gore

Maureen Gore is a commercial and procurement specialist, focused on enhancing social value in public procurement. A Chartered Member of CIPS, she brings expertise in strategic sourcing, stakeholder engagement, and driving positive social impact through procurement practices.

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Helen longfils

Helen Longfils

A strategic programme leader, Helen has a successful history of embedding social and environmental value into commercial models. With expertise in strategy, transformation, and stakeholder engagement, Helen has driven impact-led change across multiple sectors, helping organisations fulfill their role in society.

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All committee members sign up to the conflict of interest policy for the Impact Evaluation Standard

Audit and assurance

A social impact audit should be robust and accurate. It is recommended that a high degree of transparency is used when applying the Impact Evaluation Standard, especially when it comes to the inclusion of audits in the reporting process.

All organisations reporting using the Impact Evaluation Standard should specify the audit level under which the framework was used. The three levels are:

  • Unaudited – figures and evidence have been entered by staff but have not been checked by anyone else
  • Internally audited – figures and evidence have been checked by one or more staff members acting as a social value reviewer
  • Externally audited by an approved Impact Evaluation Standard assessor – figures and evidence have been checked by a third-party auditor, who is approved by the Impact Evaluation Standard steering committee

To learn more about accredited social impact audit partners, or to become an accredited audit partner, please contact us.

Frequently Asked
Questions

If you have any additional questions - Please contact us and we will be happy to help

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How can I access and use the Impact Evaluation Standard?

The Impact Evaluation Standard is primarily made available via the Thrive platform. However, there are other licensing options available for public sector organisations or educational/research organisations who are advancing the science behind social value and impact measurement. Please contact us to learn more.

How transparent is the Impact Evaluation Standard?

The Impact Evaluation Standard is fully transparent, all licensees get access to a full range of methodology, best practice and evidencing documentation. Core licensees can also request access to the proxy sources and exact information on how all proxies are calculated, including full transparency that backs up all calculations in all markets.

What countries is the Impact Evaluation Standard applicable to?

There are two versions of the Impact Evaluation Standard: a UK version directly aligned with UK legislation and a global version for those operating in various jurisdictions.

What advantages does calculating a monetary value for social value bring?

It is possible to utilise the Impact Evaluation Standard metrics to report only your social value in terms of outputs, i.e. the number of hours, number of £, etc. However, the full value of the framework is only derived when correctly applying the proxy values contained within the framework – proxy values are indicative financial measures of the social, economic and environmental impact your organisation has made. Although these are not exact £ values, using them enables you to value your social value in the same terms/language as pure financial value, i.e. a common reporting language that people understand, and also brings consistency to your reporting so that a comparison can be made between organisations, projects and contracts.

What other frameworks or standards does the Impact Evaluation Standard map to?

The Impact Evaluation Standard is directly aligned with the UK government’s Social Value Model, the UN SDGs and also maps to common ESG reporting frameworks.