What is Social Value?

Social value is the network of positive social, economic and environmental impacts created from our activities. It is the long-term improvement of the areas we live and work in and the communities we serve.

At Concrete Repairs Limited we recognise that, now more than ever, businesses have a crucial role to play in shaping the future of our society. We embrace this responsibility and take pride in contributing to our communities, whether that is by working with social enterprises in our supply chain, helping local people get into employment, protecting surrounding environments, or through a variety of other ways.

‘Social Value’ can be described as “anything we do to make a positive impact over and above the requirements of the contract”, this includes the wider financial and non-financial impacts of projects including the wellbeing of individuals and communities, social capital and the environment ...

For CRL, Social Value is all about collaboration

CRL's Commitment

 

Social value can also be reffered to as the network of environmental, social, and economic impacts resulting from an organisation’s activities in an area. It is the long-term, sustainable improvement for society that can be gained by promoting positive social, economic and environmental impacts.

CRL believe that social value is important and is all about transforming services, creating new innovative approaches, building in sustainability, and delivering business with benefits for all.

None of this can be achieved in silos, in single departments, or by things being added on to existing practice/contracts as a token gesture. Rather, it comes from an understanding that effective services and business are inextricably interlinked with the health and prosperity of the people and communities in which we operate.

There is a clear challenge – creating social value is difficult and complex to achieve. Defining it is difficult, integrating it across services is challenging, delivering it with partners requires collaboration, and measuring it is tricky. But all achievable!