Social value


How much is social value worth to a business, asks Be Ethical Training? Businesses today have to be clear about what they do as part of their social responsibility, the reason they do it, and the impact they have on their stakeholders and the planet. These elements play a large part when tendering for new contracts; for example, the majority of public sector contracts have 25% of their tenders weighted towards social value. In addition, the benefits of being responsible can include the retention of clients and employees, attracting new business, and achieving a wider reach through contributing to and supporting communities in which they operate.

Be Ethical Training helps businesses define their responsible activities. It believes that when a business defines and takes ownership of its ethical activities, it can begin to see sustainability and growth.    

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