We're delighted to share our Unlocking Social Value report for 2023/24.
At Karbon Homes, we create strong, sustainable places for our communities.
One of the many ways in which we do this is through our Unlocking Social Value programme.
Social value measures the wider impact our activities and investments have on the wellbeing of our communities.
It goes beyond the cash value and looks at the benefits our support brings to our customers lives.
This could be helping customers find jobs, improving a community centre so more people can enjoy it, or investing in local services so people are able to do more.
Through our procurement process we ask contractors and suppliers about the social value they can bring to benefit our customers and communities. We can then work with them to identify how we create opportunities that maximise social value for our customers and communities.
Throughout 2023-24, we’ve been able to deliver £922,233.91* in social value outcomes to support our communities.
This report highlights some of the contributions that they have delivered in the last year and celebrates the difference they have made to our customers and communities.
There’s more to come as well. This year, we’ve been working behind the scenes to improve our social value processes. This includes developing our ‘Approach to Social Value Policy’. This has resulted in the creation of a Social Value Panel who oversee all of our activity and ensure we are delivering against our policy.
We’ve also introduced a Social Value Coordinator role to work with our stakeholders’, colleagues and communities to coordinate and deliver social value commitments in line with the Karbon Group.
I would like to take this opportunity to say a big thank you to all of the contractors and suppliers who have made social value contributions. Your generosity has helped us provide our customers and communities with the support they need to build strong foundations for life.
Philip Pollard
Karbon Homes Assistant Director Customer and Community Engagement
*This figure was calculated using proxy values from the National TOMS framework.
Download Unlocking Social Value Report
Download plain text version - Unlocking Social Value
We're delighted to share our Unlocking Social Value report for 2023/24.
At Karbon Homes, we create strong, sustainable places for our communities.
One of the many ways in which we do this is through our Unlocking Social Value programme.
Social value measures the wider impact our activities and investments have on the wellbeing of our communities.
It goes beyond the cash value and looks at the benefits our support brings to our customers lives.
This could be helping customers find jobs, improving a community centre so more people can enjoy it, or investing in local services so people are able to do more.
Through our procurement process we ask contractors and suppliers about the social value they can bring to benefit our customers and communities. We can then work with them to identify how we create opportunities that maximise social value for our customers and communities.
Throughout 2023-24, we’ve been able to deliver £922,233.91* in social value outcomes to support our communities.
This report highlights some of the contributions that they have delivered in the last year and celebrates the difference they have made to our customers and communities.
There’s more to come as well. This year, we’ve been working behind the scenes to improve our social value processes. This includes developing our ‘Approach to Social Value Policy’. This has resulted in the creation of a Social Value Panel who oversee all of our activity and ensure we are delivering against our policy.
We’ve also introduced a Social Value Coordinator role to work with our stakeholders’, colleagues and communities to coordinate and deliver social value commitments in line with the Karbon Group.
I would like to take this opportunity to say a big thank you to all of the contractors and suppliers who have made social value contributions. Your generosity has helped us provide our customers and communities with the support they need to build strong foundations for life.
Philip Pollard
Karbon Homes Assistant Director Customer and Community Engagement
*This figure was calculated using proxy values from the National TOMS framework.
Download Unlocking Social Value Report Download plain text version - Unlocking Social Value
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