Social Value in Sandwell
Corporate social responsibility and winning contracts.
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What do we mean by CSR?
Businesses can give back to the community in many ways – perhaps by donating to a cause, offering work ‘in kind’ or sponsoring an event.
Social value and corporate social responsibility (CSR) can boost team spirit, develop skills and customer loyalty. It can help you win contracts.
More than just a financial transaction
Did you know, when Sandwell Council officers award contracts they are considering more than just the financial transaction? They’re looking for suppliers who will go beyond their basic contract terms to secure wider benefits for the local community. We call this delivering ‘social value’.
Sandwell Council has adopted the definition of social value as set out by the government’s Sustainable Procurement Task Force. It is:
“a process whereby organisations meet their needs for goods, services, works and utilities in a way that achieves value for money on a whole life basis in terms of generating benefits not only to the organisation, but also to society and the economy, whilst minimising damage to the environment”.
Read more here, or complete the short form below to alert a local Business Adviser to your interest in this opportunity.