Issue - meetings

Social Value Update Report

Meeting: 12/03/2024 - Cabinet (Item 144)

144 Social Value Update Report pdf icon 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.