SEUK response to the Social Value Act Review
Our response to Lord Young's review of the Social Value Act:
Peter Holbrook CBE, chief executive at Social Enterprise UK, has responded to today’s (Fri) release of the Social Value Act Review compiled by Lord Young of Graffham.
SEUK members and the wider movement are determined that the hard-fought recommendations made in the review benefit social enterprises in practice.
Peter Holbrook said: “We are disappointed that there is no statutory guidance underpinning the Act and seemingly little support to extend the Act to goods and works. However, there remain positive indicators for the country’s growing number of social enterprises in the recommendations. We welcome the suggestion of another review in two years’ time to see how much progress has been made against these recommendations and what more should be done.
“After much campaigning we are optimistic that the Government will show greater ownership of the Act by embracing the recommendations in the report. We are also buoyed that the rhetoric is moving to greater implementation of the Act.”
As experts in the field and in partnership with our members, Social Enterprise UK can directly support Government departments in drawing up clearer guidance and policies relating to its implementation. We welcome working with Government and other sector partners to spread guidance and good practice, as evidenced by our new Social Value Hub. Social Enterprise UK will seek to continue to build the evidence base through research, inform good measurement practice and work with partners to improve training in order that social value becomes common practice.
The scope of this review was to look at the Social Value Act and how it has fared in its first two years. As part of the process, the review sought to assess the grounds for recommending an extension to the Act and to consider how this might work in the future. The report suggested a further review in two years on whether to extend the Act.
SEUK helped lead the creation of the Social Value Act along with its members and partners, undertakes pre-procurement training on the ground (re. Health + Social Value), provides free resources via the Social Value Hub, and recently co-produced the Social Value Summit to drive the agenda forward (www.socialvaluesummit.org).