Social value is an element of project value that is weighted increasingly heavily when evaluating project bids. But what exactly does it comprise, how can it be effectively delivered – and more challengingly, how is it calculated? Alinea and Social Value Portal explore the issues and offer examples of social value in practice
01 / Introduction
Sustainability has always been framed in terms of the three tenets of social, economic, and environmental considerations – or people, profit and planet, to use its alliterative reference. In recent years the “people” aspect has firmly entered our collective conscience, and health and wellbeing have been pushed up project agendas through guidance such as the WELL Building Standard.