Tool 2
Social value readiness check
Nine yes or no questions across ESG reporting, diversity and inclusion, and the Public Services (Social Value) Act 2012. Your band is indicative and intended to start a conversation.
Answer the nine readiness questions
ESG reporting
1. Do you have a documented ESG strategy signed off at board level?
ESG reporting
2. Do you report social impact data at least annually?
ESG reporting
3. Can you evidence outcomes, not just activities, for your community spend?
DEI
4. Do you have measurable diversity, equity and inclusion targets?
DEI
5. Do you track diversity across your supply chain or partner network?
DEI
6. Do you fund programmes that reach under-represented entrepreneurs or communities?
Social Value Act
7. Do you bid for public sector contracts that carry a social value weighting?
Social Value Act
8. Are you familiar with the TOMs framework or an equivalent measurement model?
Social Value Act
9. Do you have a process for delivering and evidencing social value commitments after award?
Answer all nine questions to see your band.