Driving Positive Change Through Social Value

The implementation of the UK Procurement Act 2024 means that it has never been more important for businesses to demonstrate transparency and accountability in contract performance. We at EmployabilityUK are dedicated to advancing social value and we work with the education, community and business sectors, bringing them together to transform employability outcomes for young people.

Why Social Value Matters Today

In today’s interconnected world, social value plays a crucial role in shaping the future of businesses and communities. By prioritising social value, organisations can create resilient and inclusive environments that benefit everyone. This approach not only enhances corporate reputation but also drives long-term success by aligning business goals with societal needs.

Social value influences decision-making across various sectors, from government policies to corporate strategies. The Procurement Act means companies need to start to embed social value into their operations and demonstrate commitment to achieve and deliver their promises. The Act ensures that public bodies take greater account of social value when making purchasing decisions.

Companies that work closely with public bodies need to demonstrate their commitment to local communities, economic growth, workforce diversity and health and wellbeing, using public procurement as a lever for social good. This commitment begins during the tender phase and continues for the life of each contract.

Embracing social value is not just a trend; it’s a necessity for thriving in the modern world.

How Can We Help to Enhance Your Social Impact?

We employ a comprehensive methodology to assess and enhance social value for our partners, and we offer customised social value strategies that align to economic growth and local plans. These are designed to integrate social value into your business model, enhancing both societal impact and organisational growth.

“We share EmployabilityUK’s passion for giving young people the skills and confidence to enter the workplace and succeed in their chosen career. Working with EUK has not only been rewarding for our employees but has created lasting benefits for the community—a perfect win-win.”

Anna Cuskin

CR Manager, Coventry Building Society

For example, through our work and initiatives with local employers, we have engaged with thousands of young people and corporate volunteers, making a tangible difference in people’s professional development and employment. Our specialism is facilitating collaborative partnerships between different sectors that drive real value and growth in the community. In other words, we act as the linchpin between local organisations committed to supporting social mobility and employability.