Principles of Social Value

Last updated: 2015

The Principles of Social Value guide organisations in considering social value in decision-making, aiming to optimise value for all stakeholders materially affected by their activities. The practice standards help organisations to implement each principle to a point where they are accountable for their activities.

This is a cross-cutting resource, meaning that it supports the internal impact management process as a whole, rather than one or a few of the Actions of Impact Management.

Standard on Applying Social Value Principle 1: Engage Stakeholders

Last updated: 2019

Standard and guidance on how to apply the first of SVI’s Social Value Principles.

Use this resource to:

  • Identify: Use the guidance on identifying stakeholders and engaging with them to understand actual and potential significant impacts.
  • Set targets and plan: Use the guidance on identifying stakeholders, engaging with them, and collecting information to help shape strategy and objectives.