Foreword HOST is absolutely committed to driving Social Value and local economic benefit via all activities across its three pillars of skills, innovation and start-ups. Social Value Business is an independent Social Value specialist and has been commissioned by HOST to map, measure and forecast the impact and value it has created through its programmes and activities. What is Social Value? A universal description of what Social Value is has yet to be fully defined. However, for this document: ‘Social Value is the quantification of the relative importance that people place on the changes they experience in their lives.’
Contents
Executive Summary........................................................................................3 About HOST......................................................................................................4 Evaluation Methodology................................................................................4 Method................................................................................................................ 5 Data Review.......................................................................................................6 Scope. .................................................................................................................6 Stakeholders..................................................................................................... 7 Partnerships....................................................................................................... 8 Inputs...................................................................................................................9 Outputs............................................................................................................. 10 Diversity and Inclusivity.................................................................................11 Outcomes and Impact..................................................................................12 Forecasted Value............................................................................................17 Appendix.......................................................................................................... 18
Richard Dickins Founder of the Social Value Quality Mark
2 | HOST Impact Report 2022
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