Social Value Goal Adoption Overview

Key Insights

• You can easily identify the overall landscape of suppliers’ social value contributions in terms of verification status.
• You can see if there’s a correlation between turnover levels or subscription levels and the likelihood of Social Value verification.
• Access to individual supplier profiles and compliance data allows you to make informed decisions about your supply chain partners.

Legal and Reputational Implications

• Legally, you may need to ensure that your suppliers comply with any social value requirements mandated by government or industry regulations.
• Reputationally, working with suppliers engaged in social value operations can enhance your image as a socially responsible organisation.

Social Value Metrics and Performance

• Highlight specific social value metrics, such as community engagement, environmental impact, and job creation.
• Analyse how supplier performance in these areas impacts your decisions and compliance.

Compliance Levels and Legal Implications

• Focus on compliance levels across suppliers.
• Assess the legal implications of working with suppliers who may not meet social value compliance requirements.

Membership and Social Enterprise Status

• Examine the relationship between social enterprise status and social value verification.
• Evaluate how membership in social value organisations impacts a supplier’s reputation and trustworthiness.