Social impact is now everyone's business. Over the last few years it has become increasingly apparent to me that it's not just social enterprises that need to measure, report and communicate their social impact. The need to account for how donations, public money and, increasingly, commercial activities and spend contribute to communities is strong for commercial and reputational reasons.
The Social Value Act has been an excellent catalyst for this. A report from Social Enterprise UK (SEUK), Procuring for Good, found that 33 per cent of councils are now routinely considering social value in their procurement and commissioning.