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1 Time to Act July 2020

The webinar will commence shortly

Time to Act: Delivering Social Value after COVID-19A North West Webinar

14.00 BST Wednesday July 22nd

Your Hosts and Panelists for today

Guy Battle

The Social Value Portal

Ashley Morgan

Business Development Manager

Andrea Holt

Social Value Advisor

Balfour Beatty

Jade Tonge

Social Value Project Manager

Manchester City Council Highways

Joshua Meek

Head of Impact

Big Issue Invest

Coming up

4 Time to Act – July 2020

Also this Summer…

Recovery TOMs Consultation

Content

Welcome and Introductions Ashley Morgan

TOMs in the time of COVID Guy Battle

Setting the scene Josh Meek

Leading the way Jade Tonge

Delivering Value Andrea Holt

Panel Discussion and Q&A Guy Battle

Social Value Portal

CONTRACT MANAGEMENT

An interactive solution designed to help organisations set targets and manage performance and

store evidence

PROCUREMENT

A procurement platform for social value to help organisations

manage the tender process and to unlock social value in the supply

MEASUREMENT

A nationally approved accounting methodology for measuring social

value in terms of economic, environmental and social impact

REPORTING

Live reporting with interactive dashboards and displays including

geospatial mapping of value by area

The TOMs are mapped against the

Global Goals

The Social Value Portal is the market leader in social value measurement and reporting.

Our management tool helps organisations calculate their social value in terms of environmental, social and economic contributions.

We want to help you to measure, manage and maximise your broader contribution to society.

How and ask a Question

Webinar control panel

1. Click to access the Q&A window

2. Enter your question here

8 Time to Act July 20208 | Social Value Portal - Investor Desk

ROUND 1

1. What sector are you from?

2. Do you think social value should be integrated into council led procurement?

3. Do you know about the National TOMs?

4. BUYERS: What % weightings do you think should be in procurement?

5. SUPPLIERS: What % weightings do you think should be used in procurement?

9 | Social Value Portal - Investor Desk

76 responses

Public – Council Public - Education Public - Health

Public - Other Voluntary Private

1. What Sector are you from?

76 responses

Yes No, bad idea Not sure at the moment

2. Do you think social value should be integrated into

council led procurement?

76 responses

Yes, we are already using them

I have heard about them, but not sure how they work

3. Do you know about the National TOMs?

76 responses

5% or less 5-10%10-15% 15-20%Over 20% N/A: I am not a buyer

4. BUYERS: What % weightings do you think should be

used in procurement?

76 responses

5% or less 5-10%

10-15% 15-20%

Over 20% N/A: I am not a supplier

5. SUPPLIERS: What % weightings do you think should be

used in procurement?

Guy Battle

CEO, Social Value Portal

National (TOMs) Social Value Measurement Framework

ONE MEASUREMENT & REPORTING STANDARD

▪ Provide a consistent measurement solution▪ Create a level playing field for business▪ Open source so available to all▪ Allows benchmarking and comparability

5 THEMES ● 20 OUTCOMES ● 48 MEASURES

NATIONAL TOMs 2020

1515Time to Act – July 2020

How should the TOMs support our response to COVID-19

16 Time to Act - July 2020

COVID-19 Plug In(s)A 3 Stage Response

Stage 1 React(Quickly)

Immediate response: mobilise resources to tackle

the emergency and mitigate negative impacts

Stage 2 Recover(Gradually)

Mobilise resources to help communities rebuild and come back to a new and

improved normal

Stage 3 Renew(Over time)

Leverage what has been learned (mobilisation, connectedness,

mutual support) to build resilience to ensure that value to society

remains in focus

Ideas Wall – Launching 30th July 2020

Time to Act – July 2020

*Interface design not final - subject to change*

Time to Act Social Value Webinar

Big Issue Group

BIG ISSUE INVEST FUND MANAGEMENT OUTCOMES INVESTMENT FUND

An Introduction to Big Issue

The Big Issue Group: A hand up not a hand out

The Big Issue Group’s mission is:

“Building a world that works for everyone. Challenging, innovating and

creating self-help and sustainable business solutions, that dismantle poverty

now and for future generations.”

The Big Issue Group is one of the world’s best-known social businesses,

dedicated to supporting and tackling the issue of inequality in the UK.

The Big Issue Magazine

• Established in 1991 to support homeless people

and those at risk of homelessness.

• Vendors buy the magazine for £1.25 and sell for

£3.00

• Work with over 2,000 vendors every year across

the UK providing a hand up, not a hand out.

• In 2019 / 2020 period, supported over 1,500

vendors to generate over £3.6 million income

through magazine sales.

The Big Issue: Before COVID

£100,000

£200,000

£300,000

£400,000

£500,000

£600,000

£700,000

£800,000

£900,000

£1,000,000

M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12

Vendor income and no. of vendors by month 2019 /

Vendor Income (GBP) No. of vendors in month

The Big Issue: React: Support in lockdown

Proportion of engagement type

Vendor seeking financial

support

Vendor requesting

information on existing

financial support request

Vendor asking for support in

managing or being

'connected' to another service

(e.g. DWP or similar)

Top subject overall Access to food check in 15%

Top subject ScotlandJobs and other income

related matters19%

Top subject Wales Access to food check in 25%

Top subject England Loneliness 15%

The Big Issue: React: Support in lockdown

% by category of need

Council tax

Covering cost of a dependent (e.g.

child or elderly relative)Electricity, gas, internet or other

utility billFood, drink and consumables

purchase (cash based)Job-related cost (e.g. travel to

interview or similar)One off purchase item

Rent cost

• Over 650 of the 2,000 vendors we

supported during COVID were homeless.

• The biggest worry was access to food.

• A lot of one of purchases focused around

critical vendor mental and physical health

support. Examples include:

• Solar chargers as cafes closed to

charge phones

• New tents for vendors for poor

weather and no indoors.

• Phone to contact people including Big

Issue.

The Big Issue: Recover & Renew: The Big Comeback

Introduction to Big Issue Invest

Big Issue Invest: Who we are and what we do

Corporate Social

Venturing

Programme

• Developing early

stage social

businesses through

investment, business

support and cross-

sector partnerships

• 42 social businesses

have benefitted from

the programme

• More than 120

corporate mentors

have been involved

• Current PowerUp!

programme in

Scotland

Social

Impact

• Small to medium

sized loans starting at

• £10 million London

Housing Fund for

affordable housing in

the capital

• Impact Loans England

made over £6 million

in loans to 104

organisations – a

deal a week

Social Impact

Investment

BII OIF £10 million

Social Enterprise

Investment Fund (SEIF) I

managed £9.2 million

into 22 social

enterprises

SEIF II managing £23.8

million (FUM)

Retail

Markets

• BII acts in partnership

as the Social advisor

on a £170+ million

Threadneedle UK

Social Bond Fund

Working with

Aberdeen Standard

Investments on the

Social Impact Equity

Fund c. £5m

Rental

Exchange

• Working with

Experian to tackle

financial exclusion

faced by social

housing tenants

• Potential to improve

the credit file of 3.4

million tenants

• To date, 1.5 million

tenants have been

engaged

Covid-19 response

• Deliver CBILS basked

loans in consortium

with Social

Investment Business

to SPOs across the

• Deliver £18.7 million

of grants to SPOs in

England with grants

between £10,000 and

£300,000.

Big Issue Invest: Where we invest

02,000,0004,000,0006,000,0008,000,000

10,000,00012,000,00014,000,00016,000,000

Total BII Capital disbursed by Region

1 2 3 4 5 6 7 8 9 10

% of portfolio by IMD

Social Value for the Big Issue Group in Recover and Renew

• Build back better: Big Issue has worked with people in crisis over the past 30 years.

Social value in procurement, spend and programme design can proactively build a

fairer, greener and more resilient society.

• Future Generations: This crisis has had devastating short term effects on people from

all walks of life across the UK. The increased risk to BAME people, the economic impact

on young people and the ongoing climate crisis shows we need to think about future

generations and how our investments, programmes and actions can build

opportunities for all.

• Strengthen the impact economy with collaboration: We need ideas, capital from

social and private investors and public sector support to grow Social Purpose

Organisations (SPOs) into scalable delivery providers.

• Prioritise Social Value in procurement: The Social Value Act, and the work of GMCA

as a leader in social value procurement should be supported.

Social Value

COVID-19

Jade Tonge,

Jade Tonge

Manchester City Council - Highways

Agenda

Jade Tonge

Manchester City Council - HighwaysSlide 29

● Introduction to Manchester City

Council Social Value approach

● Responding to COVID-19

● Moving forward post COVID-19

and social value

recommendations

MCC Social Value

Jade Tonge

Manchester City Council - HighwaysSlide 30Slide 30

COVID-19 Response (Reactive)

Jade Tonge

Future look ahead &

recommendations

Jade Tonge

REFLECT REFRESH

COMMUNICATE COLLABORATE

Jade Tonge, Social Value

Project Manager

Jade Tonge

Manchester City Council - HighwaysSlide 34

jade.tonge@manchester.gov.uk

Dealing with COVID-19: Time to Act

Andrea Holt – Social Value Advisor,

Balfour Beatty, North West

COVID-19 challenges

Virtual

placements

Wider reach and

more diverse

participation

placements

Hybrid

approach

How did we adapt? Impact

Post CV19

New Normal

COVID-19 challenges

Reflected and

reviewed

Local needs met

for our

customers and

communities

Delivering the

right Social

Locally

tailored Social

Post CV19

New Normal

COVID-19 challenges

Understanding

the new needs

Greater flexibility

of support

Supply Chain

support

Continued

support for

businesses

and supply

chain partners

Post CV19

New Normal

Andrea Holt

Mobile: 07855 962 120

Email: andrea.holt@balfourbeatty.com

Contact me

41 Time to Act July 202041 | Social Value Portal - Investor Desk

ROUND 2

1. Do you think businesses are doing enough or could they do more in terms of delivering social value?

2. What do you think is the best way for businesses to show that they are delivering social value?

3. What are your thoughts about when things go back to “normal” (i.e. we go back into work, schools open and we travel without fear)

4. When we begin to go back, do you think it should be the same as before?

5. Do you think that it is even more important to embed social value into procurement to help us recover from the pandemic?

73 responses

They're doing pretty well given the circumstances

They could definitely do more, especially the big guys

Not sure

1. Do you think business is doing enough or could they do

more in terms of delivering social value?

73 responses

Independent certification: Independent certificate and standards bodies like Living Wage Foundation or Ethical Trade Initiative

In-house skill development: Businesses should be supported to upskill and hire in social value experts who can assess and showcase a businesses’ social value.

Contractual audit: Specific contractual audits in place by commissioners or sector specialists (e.g. CQC) to also cover wider social value

2. What do you think is the best way for businesses to

show that they are delivering social value?

73 responses

Before Xmas we go back to normal

It'll probably take a good few months yet, Spring next year maybe

Not until we have a vaccine in place and everyone is vaccinated (September 2021)

I have no idea, except that guessing is a mugs game

3. What are your thoughts about when things will get back to “normal”? (i.e. we go back to work, schools open and we travel

without fear)

73 responses

Yes, life was good, there is nothing we shouldchange

We must learn lessons, and take the chance toreset

4. When we do begin to go back in, do you think it should

be the same as before?

73 responses

Yes, we need to Build Back Better, Greener, Fairer

No, we cannot do much and it's the role of the central government to sort things out

5. Do you think it is even more important to embed social

value into procurement

7th April 2020

Anna McChesney-GordonSol Tannir

Cindy Nadesan

Q&A and Panel Discussion

Your Hosts and Panelists for today

Guy Battle

Ashley Morgan

Business Development Manager

Andrea Holt

Social Value Advisor

Balfour Beatty

Jade Tonge

Manchester City Council Highways

Joshua Meek

Head of Impact

Big Issue Invest

Final Poll

How did we all do?

With ThanksFor more information contact

info@socialvalueportal.com

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