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Press Release

Fourth annual Social Value Summit - creating social value and an inclusive economy

by Interserve Press Office | Feb 03, 2017

Social Value Summit 2017The fourth annual Social Value Summit, hosted by Interserve and Social Enterprise UK (SEUK) and Business in the Community (BITC), is being held at London’s Institute of Engineering Technology on Wednesday, 8 February, 2017.

The one-day event comes four years after the Public Services (Social Value) Act came into force. It will bring together those interested in creating social value through commissioning and procurement with organisations that deliver public sector contracts, from both the social and private sectors.

This year the programme will include sessions on measuring social value, infrastructure and the financialisation of social value as well as workshops on procurement and commissioning. The summit will close with the second annual Social Value Awards, supported by the Department for Culture, Media and Sports, which recognise and celebrate good practice in commissioning and providing social value.

Peter Holbrook, CEO of SEUK, said:

“The events of the last year exposed the deep regional and economic inequalities within the country and if we are to rise to the challenge of building an inclusive economy then we all have a role to play whether we work in the public, private or social sector.

From strengthening local communities and supporting social enterprises and charities to delivering the infrastructure projects of the future – social value can and is acting as a catalyst for positive change. The Social Value Act is now four years old and is having a transformative impact not only on the public sector, for whom it was intended, but businesses as well.

The Social Value Summit will be an opportunity to share the best practice from cross-sector working, debate the key issues and inspire action.”

Adrian Ringrose, Interserve’s Chief Executive, said:

"As public services markets continue to evolve it is vital that the momentum which has built up behind the Social Value Act is sustained.  At Interserve we have made great strides in terms of measuring and reporting on the impact we are making in the communities in which we work and through this event we aim to raise awareness of Social Value further and encourage organisations of all shapes and sizes to do more.”

Amanda Mackenzie OBE, Chief Executive, Business in the Community said:

“Every company, regardless of its size affects society. Businesses impact lives, communities and the planet we inhabit, in ways that go beyond the financial.

Who a business recruits, where it buys from and how it delicately manages our finite natural resources are just some of the collective benefit of business to society – or its social value. 

Businesses who are serious about social value recognise their wider impacts, quantify how all aspects of the business work together for the greater good and recognise that society should profit while business is being done”

Speakers will include Rob Wilson, Minister for Civil Society, senior leaders from businesses such as Interserve and Marks and Spencer, and social enterprises including the London Early Years Foundation.

View the full line up of speakers and buy tickets for the event.  

– Ends –

Notes to Editors

  • The Social Value Summit is open to media. For more information and joining instructions, please contactShehan Perea , at Social Enterprise UK: shehan.perera@socialenterprise.org.uk or 0203 589 4959.
  • Rhys Jones is Group PR Manager at Interserve: 07909 605336.
  • Twitter reference - @SocialEnt_UK #SVSummit #socent #socialvalue
  • Social Enterprise UK (SEUK) is the national membership body for social enterprise. Government statistics state that there are 70,000 social enterprises, employing over 1 million people and generating £20bn+ for the UK economy. For more information visit www.socialenterprise.org.uk
  • The Public Services (Social Value) Act became an Act of Parliament in February 2013, following its inclusion in SEUK’s manifesto in 2010 being taken up by Chris White MP as a Private Members’ Bill, and with the support of many charities, social enterprises and supporters across government.
  • Interserve is one of the world's foremost support services and construction companies. Our vision is to redefine the future for people and places. Everything we do is shaped by our core values. We are a successful, growing, international business: a leader in innovative and sustainable outcomes for our clients and a great place to work for our people. We offer advice, design, construction, equipment, facilities management and frontline public services. We are headquartered in the UK and FTSE-listed. We have gross revenues of £3.3 billion and a workforce of circa 80,000 people worldwide. For more information please visit www.interserve.com and for news follow @interservenews
  • The Social Value Hub can be found at www.socialvaluehub.co.uk

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