What is social Value?

Social value refers to the positive impact or benefit that an organisation or activity generates for society, beyond the financial value it creates. It encompasses the broader effects of an organisation's actions on individuals, communities, and the environment. Social value can be created through various means, such as addressing social issues, promoting sustainable practices, supporting community development, improving social well-being, and fostering inclusivity.


Social value is often measured and assessed through frameworks like Social Return on Investment (SROI), which quantifies the social, economic, and environmental outcomes of an organisation's activities. It takes into account both the intended and unintended positive impacts generated by an organisation. However, in some cases there are examples of intangible social values created such as the idea of fostering a sense of community or creating a sense of wellbeing.


Examples of social value creation include:


  • Poverty alleviation

    Initiatives that focus on providing access to education, training, employment, and financial services for disadvantaged individuals or communities, helping them break the cycle of poverty.

  • Environmental sustainability

    Practices that reduce carbon emissions, conserve natural resources, promote renewable energy, and mitigate climate change impacts, contributing to a healthier environment for present and future generations.

  • Diversity and inclusion

    Efforts that foster diversity, equity, and inclusion within organisations, promoting equal opportunities, eliminating discrimination, and ensuring fair representation across various dimensions such as gender, race, ethnicity, and disability.

  • Social entrepreneurship

    Business models that prioritise social impact alongside financial returns, addressing social and environmental challenges through innovative and sustainable approaches.

  • Community development

    Projects that support infrastructure development, cultural preservation, public health programs, and social services in local communities, improving quality of life and social well-being.