The importance of social value

Rooted in the UN Sustainable Development goals, there is growing emphasis on social value in the production of goods, services and infrastructure. Social value is about ensuring there is collective benefit from the award of a contract that is way beyond just the price - the production of goods and services should tangibly contribute to the wellbeing, resilience and sustainability of society and the environment.

In this short video, Ailsa Ritchie and Eleanor Lane discuss how the legislative background is driving the inclusion of social value and steps that businesses are taking to incorporate it in to their working practices.