This policy outlines our commitment to social value and the steps we will take to deliver it.

1. Our Commitment to Social Value

We will prioritise social value in all our activities and decision-making processes. We will strive to make a positive impact on our community and the wider society.

2. Our Approach to Social Value

We will take a holistic approach to social value, considering economic, environmental, and social impacts. We will work closely with our stakeholders to identify opportunities for social value creation and measure the outcomes of our activities.

3. Our Objectives for Social Value

We have the following objectives for social value:

• To create economic opportunities for the community through our activities.
• To promote sustainable practices and reduce our environmental impact.
• To provide access to culture and education for all members of the community.
• To support the well-being and mental health of our community members.

4. Our Actions for Social Value

We will take the following actions to deliver social value:

• Engage with local businesses and organisations to create economic opportunities and support local procurement.
• Implement sustainable practices in our operations, such as reducing waste and energy consumption.
• Develop outreach programs to support community well-being, such as workshops and events.

5. Our Measurement of Social Value

We will measure the social value of our activities using appropriate metrics and methodologies. We will track our progress against our objectives and use this information to continually improve our social value outcomes.

6. Our Reporting on Social Value

We will report on our social value outcomes as part of our Insight reports and other communications. We will be transparent about our activities and outcomes and seek feedback from our stakeholders to improve our social value performance.

7. Our Integration of Social Value

We will integrate social value into our organisation’s culture and operations. We will ensure that all our employees and stakeholders are aware of our commitment to social value and are actively engaged in delivering it.