Social Enterprise Works in partnership with the Social Value Business has exclusively launched the Social Value Quality Mark (SVQM) in Bristol and the West of England.
The SVQM is the only mark of social value within the UK, recognised by the UK Cabinet Office, the Foundation for Social Entrepreneurs (UnLtd) and the Social Investment Business. It is awarded to organisations in recognition of their commitment, measurement, reporting and embedding of impact and value. It can be awarded to organisations of any size, in any sector and any legal structure.
The Social Value Quality Mark has four distinct levels, and is made up of a number of stages including pledges, forecasting, evaluation and organisational-wide adoption. It is a guided journey of measuring value, and it is not about a specific approach or model. This way, it is possible for organisations to benchmark themselves against each other.