Social Value is the beating heart of Efficiency North and the foundation stone of the company’s vision, values and mission as a responsible business.
In June 2020 Efficiency North’s board of directors reiterated their commitment to adding Social Value in the communities landlord members work in and revised the organisation’s policy accordingly.
Efficiency North will support social value outcomes on an annual basis, determining from the available surplus the level of support to be gifted.
Social Value Credits
Social housing landlord using EN:Procure’s frameworks for repairs, maintenance and new build services and materials will automatically build up Social Value Credits. They are then able to choose from three options how to spend their credits in line with their own local priorities in support of social mobility:
1. employing an apprentice in house
2. supporting other training and employment in their communities
3. donation to a community organisation
Framework Employment Positions
EN:Procure aims to ensure that Social Value and Social Return on Investment (SROI) is achieved through every framework. All framework contractors are mandated to employ apprentices based on the volume of spend. These apprentices will be employed by EN:Able Futures and will, where possible, be from an economically disadvantaged community, ideally linked to member social landlords.
Donations to a charity
EN:Procure is committed to supporting a chosen charity to further innovation and development of Social Value outputs and achievements.
EN:Procure will encourage the selected charity to generate Social Value benefits in communities where works carried out for member social housing landlords are based. They will also be encouraged to pursue additional or match funding to achieve the greatest possible impact.
To demonstrate the outcomes and benefits of the Social Value Policy, we produce an Impact Statement every year.
We create this using a ‘Social Return on Investment’ calculation and methodology and include case studies and videos to demonstrate the real positive changes made to people’s lives.
Find out more HERE