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Transcript of The webinar will commence shortly · Jobs and other income related matters 19% ... Future look...
1 Time to Act July 2020
The webinar will commence shortly
2 Time to Act July 2020
Time to Act: Delivering Social Value after COVID-19A North West Webinar
14.00 BST Wednesday July 22nd
3 Time to Act July 2020
Your Hosts and Panelists for today
Guy Battle
CEO
The Social Value Portal
Ashley Morgan
Business Development Manager
The Social Value Portal
Andrea Holt
Social Value Advisor
Balfour Beatty
Jade Tonge
Social Value Project Manager
Manchester City Council Highways
Joshua Meek
Head of Impact
Big Issue Invest
Coming up
4 Time to Act – July 2020
Also this Summer…
Recovery TOMs Consultation
5 Time to Act July 2020
Content
Welcome and Introductions Ashley Morgan
TOMs in the time of COVID Guy Battle
Setting the scene Josh Meek
Leading the way Jade Tonge
Delivering Value Andrea Holt
Panel Discussion and Q&A Guy Battle
6 Time to Act July 2020
Social Value Portal
CONTRACT MANAGEMENT
An interactive solution designed to help organisations set targets and manage performance and
store evidence
PROCUREMENT
A procurement platform for social value to help organisations
manage the tender process and to unlock social value in the supply
chain
MEASUREMENT
A nationally approved accounting methodology for measuring social
value in terms of economic, environmental and social impact
REPORTING
Live reporting with interactive dashboards and displays including
geospatial mapping of value by area
The TOMs are mapped against the
Global Goals
The Social Value Portal is the market leader in social value measurement and reporting.
Our management tool helps organisations calculate their social value in terms of environmental, social and economic contributions.
We want to help you to measure, manage and maximise your broader contribution to society.
6
7 Time to Act July 2020
How and ask a Question
Webinar control panel
1. Click to access the Q&A window
2. Enter your question here
8 Time to Act July 20208 | Social Value Portal - Investor Desk
POLLS
ROUND 1
1. What sector are you from?
2. Do you think social value should be integrated into council led procurement?
3. Do you know about the National TOMs?
4. BUYERS: What % weightings do you think should be in procurement?
5. SUPPLIERS: What % weightings do you think should be used in procurement?
9 Time to Act July 2020
9 | Social Value Portal - Investor Desk
76 responses
141
2
7
3
46
Public – Council Public - Education Public - Health
Public - Other Voluntary Private
1. What Sector are you from?
10 Time to Act July 2020
10 | Social Value Portal - Investor Desk
76 responses
72
4
Yes No, bad idea Not sure at the moment
2. Do you think social value should be integrated into
council led procurement?
11 Time to Act July 2020
11 | Social Value Portal - Investor Desk
76 responses
3736
3
Yes, we are already using them
I have heard about them, but not sure how they work
3. Do you know about the National TOMs?
12 Time to Act July 2020
12 | Social Value Portal - Investor Desk
76 responses
2
7
7
8
6
46
5% or less 5-10%10-15% 15-20%Over 20% N/A: I am not a buyer
4. BUYERS: What % weightings do you think should be
used in procurement?
13 Time to Act July 2020
13 | Social Value Portal - Investor Desk
76 responses
1
10
13
13
4
35
5% or less 5-10%
10-15% 15-20%
Over 20% N/A: I am not a supplier
5. SUPPLIERS: What % weightings do you think should be
used in procurement?
14 Time to Act July 2020
Guy Battle
CEO, Social Value Portal
National (TOMs) Social Value Measurement Framework
ONE MEASUREMENT & REPORTING STANDARD
▪ Provide a consistent measurement solution▪ Create a level playing field for business▪ Open source so available to all▪ Allows benchmarking and comparability
5 THEMES ● 20 OUTCOMES ● 48 MEASURES
NATIONAL TOMs 2020
1515Time to Act – July 2020
How should the TOMs support our response to COVID-19
16 Time to Act - July 2020
COVID-19 Plug In(s)A 3 Stage Response
Stage 1 React(Quickly)
Immediate response: mobilise resources to tackle
the emergency and mitigate negative impacts
Stage 2 Recover(Gradually)
Mobilise resources to help communities rebuild and come back to a new and
improved normal
Stage 3 Renew(Over time)
Leverage what has been learned (mobilisation, connectedness,
mutual support) to build resilience to ensure that value to society
remains in focus
Ideas Wall – Launching 30th July 2020
17
-
Time to Act – July 2020
*Interface design not final - subject to change*
Time to Act Social Value Webinar
Big Issue Group
BIG ISSUE INVEST FUND MANAGEMENT OUTCOMES INVESTMENT FUND
An Introduction to Big Issue
The Big Issue Group: A hand up not a hand out
19
The Big Issue Group’s mission is:
“Building a world that works for everyone. Challenging, innovating and
creating self-help and sustainable business solutions, that dismantle poverty
now and for future generations.”
The Big Issue Group is one of the world’s best-known social businesses,
dedicated to supporting and tackling the issue of inequality in the UK.
BIG ISSUE INVEST FUND MANAGEMENT OUTCOMES INVESTMENT FUND
20
The Big Issue Magazine
• Established in 1991 to support homeless people
and those at risk of homelessness.
• Vendors buy the magazine for £1.25 and sell for
£3.00
• Work with over 2,000 vendors every year across
the UK providing a hand up, not a hand out.
• In 2019 / 2020 period, supported over 1,500
vendors to generate over £3.6 million income
through magazine sales.
BIG ISSUE INVEST FUND MANAGEMENT OUTCOMES INVESTMENT FUND
21
The Big Issue: Before COVID
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
£-
£100,000
£200,000
£300,000
£400,000
£500,000
£600,000
£700,000
£800,000
£900,000
£1,000,000
M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12
No
. o
f ven
do
rs
Inco
me f
or
ven
do
rs
Vendor income and no. of vendors by month 2019 /
2020
Vendor Income (GBP) No. of vendors in month
BIG ISSUE INVEST FUND MANAGEMENT OUTCOMES INVESTMENT FUND
22
The Big Issue: React: Support in lockdown
24%
17%
6%12%
41%
Proportion of engagement type
Vendor seeking financial
support
Vendor requesting
information on existing
financial support request
Vendor asking for support in
managing or being
'connected' to another service
(e.g. DWP or similar)
Top subject overall Access to food check in 15%
Top subject ScotlandJobs and other income
related matters19%
Top subject Wales Access to food check in 25%
Top subject England Loneliness 15%
BIG ISSUE INVEST FUND MANAGEMENT OUTCOMES INVESTMENT FUND
23
The Big Issue: React: Support in lockdown
12%
7%
27%
15%
12%
13%
14%
% by category of need
Council tax
Covering cost of a dependent (e.g.
child or elderly relative)Electricity, gas, internet or other
utility billFood, drink and consumables
purchase (cash based)Job-related cost (e.g. travel to
interview or similar)One off purchase item
Other
Rent cost
• Over 650 of the 2,000 vendors we
supported during COVID were homeless.
• The biggest worry was access to food.
• A lot of one of purchases focused around
critical vendor mental and physical health
support. Examples include:
• Solar chargers as cafes closed to
charge phones
• New tents for vendors for poor
weather and no indoors.
• Phone to contact people including Big
Issue.
BIG ISSUE INVEST FUND MANAGEMENT OUTCOMES INVESTMENT FUND
24
The Big Issue: Recover & Renew: The Big Comeback
BIG ISSUE INVEST FUND MANAGEMENT OUTCOMES INVESTMENT FUND
Introduction to Big Issue Invest
25
Big Issue Invest: Who we are and what we do
Corporate Social
Venturing
Programme
• Developing early
stage social
businesses through
investment, business
support and cross-
sector partnerships
• 42 social businesses
have benefitted from
the programme
• More than 120
corporate mentors
have been involved
• Current PowerUp!
programme in
Scotland
Social
Impact
Loans
• Small to medium
sized loans starting at
£20K
• £10 million London
Housing Fund for
affordable housing in
the capital
• Impact Loans England
made over £6 million
in loans to 104
organisations – a
deal a week
Social Impact
Investment
Funds
BII OIF £10 million
Social Enterprise
Investment Fund (SEIF) I
managed £9.2 million
into 22 social
enterprises
SEIF II managing £23.8
million (FUM)
Retail
Markets
• BII acts in partnership
as the Social advisor
on a £170+ million
Threadneedle UK
Social Bond Fund
Working with
Aberdeen Standard
Investments on the
Social Impact Equity
Fund c. £5m
The
Rental
Exchange
• Working with
Experian to tackle
financial exclusion
faced by social
housing tenants
• Potential to improve
the credit file of 3.4
million tenants
• To date, 1.5 million
tenants have been
engaged
Covid-19 response
• Deliver CBILS basked
loans in consortium
with Social
Investment Business
to SPOs across the
UK.
• Deliver £18.7 million
of grants to SPOs in
England with grants
between £10,000 and
£300,000.
BIG ISSUE INVEST FUND MANAGEMENT OUTCOMES INVESTMENT FUND
26
Big Issue Invest: Where we invest
02,000,0004,000,0006,000,0008,000,000
10,000,00012,000,00014,000,00016,000,000
Total BII Capital disbursed by Region
0%
5%
10%
15%
20%
1 2 3 4 5 6 7 8 9 10
% of portfolio by IMD
BIG ISSUE INVEST FUND MANAGEMENT OUTCOMES INVESTMENT FUND
27
Social Value for the Big Issue Group in Recover and Renew
• Build back better: Big Issue has worked with people in crisis over the past 30 years.
Social value in procurement, spend and programme design can proactively build a
fairer, greener and more resilient society.
• Future Generations: This crisis has had devastating short term effects on people from
all walks of life across the UK. The increased risk to BAME people, the economic impact
on young people and the ongoing climate crisis shows we need to think about future
generations and how our investments, programmes and actions can build
opportunities for all.
• Strengthen the impact economy with collaboration: We need ideas, capital from
social and private investors and public sector support to grow Social Purpose
Organisations (SPOs) into scalable delivery providers.
• Prioritise Social Value in procurement: The Social Value Act, and the work of GMCA
as a leader in social value procurement should be supported.
Social Value
COVID-19
Jade Tonge,
Social Value Project Manager
Jade Tonge
Manchester City Council - Highways
Agenda
Jade Tonge
Manchester City Council - HighwaysSlide 29
● Introduction to Manchester City
Council Social Value approach
● Responding to COVID-19
● Moving forward post COVID-19
and social value
recommendations
Slide 29
MCC Social Value
Jade Tonge
Manchester City Council - HighwaysSlide 30Slide 30
Slide 31
COVID-19 Response (Reactive)
Jade Tonge
Manchester City Council - HighwaysSlide 32Slide 32
Future look ahead &
recommendations
Jade Tonge
Manchester City Council - HighwaysSlide 33Slide 33
REFLECT REFRESH
COMMUNICATE COLLABORATE
Jade Tonge, Social Value
Project Manager
Jade Tonge
Manchester City Council - HighwaysSlide 34
Slide 34
Dealing with COVID-19: Time to Act
Intro
Andrea Holt – Social Value Advisor,
Balfour Beatty, North West
37
COVID-19 challenges
Virtual
placements
Wider reach and
more diverse
participation
Work
placements
Hybrid
approach
How did we adapt? Impact
Post CV19
New Normal
38
COVID-19 challenges
Reflected and
reviewed
Local needs met
for our
customers and
communities
Delivering the
right Social
Value
Locally
tailored Social
Value
How did we adapt? Impact
Post CV19
New Normal
39
COVID-19 challenges
Understanding
the new needs
Greater flexibility
of support
Supply Chain
support
Continued
support for
local
businesses
and supply
chain partners
How did we adapt? Impact
Post CV19
New Normal
41 Time to Act July 202041 | Social Value Portal - Investor Desk
POLLS
ROUND 2
1. Do you think businesses are doing enough or could they do more in terms of delivering social value?
2. What do you think is the best way for businesses to show that they are delivering social value?
3. What are your thoughts about when things go back to “normal” (i.e. we go back into work, schools open and we travel without fear)
4. When we begin to go back, do you think it should be the same as before?
5. Do you think that it is even more important to embed social value into procurement to help us recover from the pandemic?
42 Time to Act July 2020
42 | Social Value Portal - Investor Desk
73 responses
18
43
12
They're doing pretty well given the circumstances
They could definitely do more, especially the big guys
Not sure
1. Do you think business is doing enough or could they do
more in terms of delivering social value?
43 Time to Act July 2020
43 | Social Value Portal - Investor Desk
73 responses
18
29
26
Independent certification: Independent certificate and standards bodies like Living Wage Foundation or Ethical Trade Initiative
In-house skill development: Businesses should be supported to upskill and hire in social value experts who can assess and showcase a businesses’ social value.
Contractual audit: Specific contractual audits in place by commissioners or sector specialists (e.g. CQC) to also cover wider social value
2. What do you think is the best way for businesses to
show that they are delivering social value?
44 Time to Act July 2020
44 | Social Value Portal - Investor Desk
73 responses
1
32
21
19
Before Xmas we go back to normal
It'll probably take a good few months yet, Spring next year maybe
Not until we have a vaccine in place and everyone is vaccinated (September 2021)
I have no idea, except that guessing is a mugs game
3. What are your thoughts about when things will get back to “normal”? (i.e. we go back to work, schools open and we travel
without fear)
45 Time to Act July 2020
45 | Social Value Portal - Investor Desk
73 responses
73
Yes, life was good, there is nothing we shouldchange
We must learn lessons, and take the chance toreset
4. When we do begin to go back in, do you think it should
be the same as before?
46 Time to Act July 2020
46 | Social Value Portal - Investor Desk
73 responses
71
2
Yes, we need to Build Back Better, Greener, Fairer
No, we cannot do much and it's the role of the central government to sort things out
5. Do you think it is even more important to embed social
value into procurement
47 Time to Act July 2020
7th April 2020
Anna McChesney-GordonSol Tannir
Cindy Nadesan
Q&A and Panel Discussion
48 Time to Act July 2020
Your Hosts and Panelists for today
48
Guy Battle
CEO
The Social Value Portal
Ashley Morgan
Business Development Manager
The Social Value Portal
Andrea Holt
Social Value Advisor
Balfour Beatty
Jade Tonge
Social Value Project Manager
Manchester City Council Highways
Joshua Meek
Head of Impact
Big Issue Invest
49 Time to Act July 2020
Final Poll
How did we all do?