Towards a Social Value Economy
Building a Social Value Economy in Cheshire & Merseyside and transforming our communities through meaningful action
What is Social Value?
Social Value refers to the additional social, economic, and environmental benefits created by organisations beyond their core operations. It takes into account not only immediate benefits but also long-term effects.
The challenge
A roadmap has been produced which sets out a bold vision and plan to shift towards a Social Value Economy in Cheshire and Merseyside.
Extensive engagement with colleagues from across sectors and places, has revealed that we are not yet realising the transformative potential of Social Value across Cheshire and Merseyside.
Why is it important?
It directly impacts the well-being of individuals and communities. By prioritising social value, societies can work toward reducing inequalities, improving access to services, and supporting marginalised groups.
Cheshire and Merseyside’s need for Social Value
Developed in partnership with:
The opportunity
While an awareness of the importance of Social Value is increasing across sectors, particularly its role in tackling the wider determinants of health, our efforts to deliver Social Value outcomes are too often missing a transformative opportunity: the vast potential of collaborating with our Voluntary, Charity, Faith and Social Enterprise (VCFSE) sector.
The roadmap has three key aims
To set out why every organisation has a stake in moving towards a Social Value Economy in Cheshire and Merseyside that maximises Voluntary, Charity, Faith and Social Enterprise (VCFSE) sector Social Value outcomes
To present an honest assessment of how Social Value in the commissioning cycle is currently being experienced across Cheshire and Merseyside
To describe a set of shifts and enabling actions every organisation must take if we are to realise the full potential of Social Value to change lives across Cheshire and Merseyside and make a clear call to action – to commit to Partner VCFSE – to kickstart the journey
Ready to know more?
Discover how we can shape a stronger, more inclusive future for Cheshire and Merseyside. The full report, Towards a Social Value Economy, provides key insights and detailed strategies on how collective action can make a lasting impact.