As we work together to build a more inclusive economy in Oxfordshire, every action counts – and that includes the way we buy, sell, and engage with suppliers. We’re committed to helping businesses and suppliers make a positive impact by integrating social value into their procurement practices.
Social value in procurement means going beyond financial considerations to deliver wider benefits to communities. By focusing on social value, buyers and suppliers alike can positively impact our environment, the development of our workforce, and the opportunities available for people in Oxfordshire.
Positively impacting on social outcomes is not just the ‘right thing to do’. Understanding and prioritising social value in your business brings many other direct benefits:
- Gain a competitive edge - Customers want to support organisations that make a positive impact. Building a clear social value offer not only strengthens your reputation but also boosts your appeal in competitive bids by showing your organisation is a force for good.
- Futureproof your business - By committing to social value now, your business can stay ahead of legislative changes, positioning itself as a forward-thinking leader.
- Attract top talent - Employees want to work somewhere that aligns with their values. A strong social purpose draws in passionate, skilled staff who want to contribute to a meaningful mission.
- Boost retention - Staff who feel they’re making a wider impact are more committed and stay longer.
- Build resilience - Organisations with a clearly defined social purpose tend to be more adaptable in tough times.
- Unlock funding opportunities - A strong social and economic purpose opens the door to grants and financing opportunities for your organisation.
Whether you're a buyer looking to source responsibly or a supplier keen to showcase your social value, this event will provide you with the essentials to get started as well as hearing from other businesses who have delivered social value through procurement.
