Issue - meetings
Social Value Update Report
Meeting: 12/03/2024 - Cabinet (Item 144)
144 Social Value Update Report PDF 124 KB
Additional documents:
Decision:
As detailed in the recommendations.
Minutes:
Councillor Johnson introduced the report and explained that generating social value from the Council’s commissioning and procurement activities was a significant contributor to increasing social value and delivering added value, it therefore remained a key area of focus for the Council.
The report outlines performance data for the latter six months of the financial year 2022/23, as well as the first six months of the financial year 2023/24. The report also summarised the next areas of focus for the social value programme for the upcoming financial year 2024/25.
The current reporting timescales made reporting for a full financial year difficult. It was recommended that to better align performance reporting to a financial year a change in reporting time was made for future. It was proposed to bring a report for quarters three and four of 2023/24 in September 2024 and to then move to annual reporting in May or June of each year.
RESOLVED:
(a) That the positive performance achieved in relation to generating social value for quarters three and four of the financial year 2022/23, as well as the first two quarters 2023/24, be noted;
(b) That the next steps for the social value programme, as outlined in the report, be supported; and
(c) That to better align performance reporting to a financial year with annual social value performance reporting being presented in June each year be approved.