The 18th September, 2017 marked the latest GivingForum event, where senior Corporate Responsibility professionals gathered at Estée Lauder Companies’ offices in London to discuss the challenges of measuring impact in CSR.
The event began with a presentation from Guy Battle, CEO of The Social Value Portal. Guy’s talk focused on two big changes: the introduction of The Social Value Act, 2012 and the upcoming removal of local government grants. Guy spoke of how corporates, like the public sector when awarding contracts, should consider social value when selecting suppliers.
He went on to discuss how, due to funding changes, there is an increased responsibility on corporates to invest in social value in their local area, and that by aligning CSR with the needs of local councils we are able to better identify outcomes and therefore quantify and measure results.