The Social Value Certificate looks at the systems and processes that an organisation or programme has in place for maximising social value. It is not about reporting social value or social impact and it does not provide proof or a statement that the organisation or programme is creating a specific amount of social value. The Social Value Certificate is about how you are working towards maximising your value.
The Social Value Certificate can be awarded to an organisation or a specific programme (or project) being run by an organisation. The Social Value Certificate has three levels, as described below:
The Three Levels of the Social Value Certificate
Level 1: Commit
Is achieved with a commitment to implement systems and processes that are consistent with the Social Value Principles, evidenced through policy documentation.
Level 2: Implement
Is achieved with the implementation of systems and processes that are consistent with the Social Value Principles, evidenced through appropriate data collection.
Level 3: Maximise
Is achieved with the use of data to drive decisions, that are consistent with the Social Value Principles, evidenced through operational changes designed in response to data and with the specific intention to maximise the social value they can create with the resources they have available.
The Social Value Certificate has the following advantages:
The Social Value Certificate has been developed by Social Value International as part of their assurance and accreditation services. The Social Value Principles form the basis for the certification. The criteria and certificates have been designed and approved by Social Value International’s Reporting and Assurance Technical Committee.
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