Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: September 10, 2024

Purpose: Cabinet is recommended to:   (1)  Note the content and agree the Social Impact Report 2023-2024 and Social Value Annual Statement 2024 for publication. (2)  Approve the Social Value Portal platform as a Council wide tool for consistent impact monitoring & reporting on all related social investment outcomes in Contracts, Capital Delivery, S106, Revenue & Social Value. (3)  Note that the the key highlights/findings recommendations from the report are:   ·         Substantial achievement in economic pillar of Social Value: c200 sustainable job outcomes in the past 15months (with total of 800 achieved in 3 years) ·         Development of Social Investment Fund  and bespoke LBWF measure focusing on Council emerging priorities & needs (redefined approach to cash donation and in- kind contribution)  

Content: Cabinet: (1)          approved the Social Impact Report 2023-2024 at Appendix 1 to the report; and (2)          approved the Social Value Annual Statement 2024 at Appendix 2 to the report.   Options & Alternatives Considered Not producing the success of the social value accomplishments may result in lack of transparency and national recognition of the Council achievements in this area.