Social Value
Social Value is at the core of everything we do here at LHC Midlands, London and South East region, which is part of the LHC Procurement Group.
Our mission is to Improve lives and places through quality procurement solutions by maximising public benefit, re-investing surplus in communities, and through living our values.
Published in March 2024, our three-year Social Value Strategy defines our social value priorities and how we will work with our partners to deliver them.
In addition to this guide, we are proud to present our first Social Impact Report, which provides a comprehensive overall on our social impact across England, Scotland and Wales.
As a not-for-profit organisation, any surplus generated during the financial year is re-distributed back to eligible partners. We work in partnership with Locality who manage our Community Benefit Fund and support our Executive Board in their delivery of community projects through the fund.
With a strong history of investing in the communities our partners serve, we are committing to strengthening our funding further and extending our impact through a targeted and transparent approach to delivering added social value.
Social Value Priorities
We have identified three social value priority areas that, as a provider of construction frameworks in the public sector, cuts across all areas where LHCPG support and deliver.
- Individual Wellbeing
Enhancing the health and quality of life for individuals by supporting initiatives that promote wellbeing and address local needs.
- Planet & Environment
Promoting sustainability by integrating environmental considerations into procurement practices, developments, and supporting projects that contribute to environmental wellbeing.
- Social Mobility
Creating opportunities for economic impact including engaging small and mediumsized enterprises (SMEs) and fostering employment prospects within local communities.
