Social Value measures the positive value that organisations create for the economy, communities, and society, and is typically structured under five key themes: Jobs, Growth, Social, Environment and Innovation. Organisations can seek to deliver social value when taking forward decarbonisation options as part of their NZ Roadmap.
Some examples of Social Value that can be delivered through decarbonisation options could include:
> Reduce Climate Change - by investing into decarbonisation options
> Procurement - embed social value into procurement processes for suppliers
> Local spend - prioritise the use of local business to deliver services and provide goods and works
> Employment & Skills - support jobs and skills in the low carbon economy
> Resource management - minimising waste
Following this guidance can enable organisations to make a meaningful contribution to Social Value whilst working towards their NZ Roadmap.