{"id":59,"date":"2021-01-14T21:37:51","date_gmt":"2021-01-14T21:37:51","guid":{"rendered":"http:\/\/efp-group-localhost\/?page_id=59"},"modified":"2025-08-05T11:06:15","modified_gmt":"2025-08-05T10:06:15","slug":"managing-social-value","status":"publish","type":"page","link":"https:\/\/frcgroup.co.uk\/frc2\/managing-social-value\/","title":{"rendered":"Managing Social Value"},"content":{"rendered":"<h3>Understanding how our work creates changes in people&#8217;s lives is vitally important. We invest time in measuring the social value that is created across FRC Group because it means we can make sure we are doing more of what works, investing our resources to the best effect and challenging ourselves to produce the best performance we can.<\/h3>\n<hr \/>\n<p>Therefore we can ensure we maximise the resources we have available to us, and by measuring the impact we can concentrate our efforts in the areas where we will make the biggest impact to people&#8217;s lives.<\/p>\n<p><span class=\"s1\">We are members of Social Value UK and use\u00a0<a title=\"Social Value\" href=\"http:\/\/socialvalueuk.org\/what-is-sroi\/principles\" target=\"_blank\" rel=\"noopener\">the Principles of Social Value<\/a>\u00a0to measure the positive and negative changes that arise from our work.<\/span><\/p>\n<p>The importance of measuring, proving and improving is embedded through FRC Group. We have a Social Value Committee, a sub-committee of the Board, which ensures that FRC Group is responsive to stakeholder feedback to better aid assist decision making at FRC Group.<\/p>\n<p>A team of staff ensure that appropriate quantitative and qualitative data is collected, analysed and reported to the management team and the Board.\u00a0 We use the data we collect to report how we are doing to our stakeholders and our stakeholders\u2019 concerns shape what we do and measure. Our policy on\u00a0<a href=\"http:\/\/frcgroup.co.uk\/frc2\/wp-content\/uploads\/sites\/6\/2021\/02\/Agreed-Nov-2020-Materiality-Policy.pdf\">Stakeholder Engagement and Materiality is here.<\/a><\/p>\n<p>The flagship document is the annual public report that write to tell the &#8216;warts and all&#8217; story of our year. We have produced a report each year since 1998 and in 2014 we produced our first integrated report. Previous reports can be downloaded below.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-309\" src=\"http:\/\/frcgroup.co.uk\/frc2\/wp-content\/uploads\/sites\/6\/2021\/01\/social-value-uk_organisational-member-badge.png\" alt=\"social-value-uk_organisational-member-badge\" width=\"300\" height=\"80\" \/><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">If you&#8217;d like any additional information about how we manage our social value impact please don&#8217;t hesitate to <a href=\"https:\/\/frcgroup.co.uk\/frc2\/contact-us\/\">Contact Us.<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Understanding how our work creates changes in people&#8217;s lives is vitally important. We invest time in measuring the social value that is created across FRC Group because it means we can make sure we are doing more of what works, investing our resources to the best effect and challenging ourselves to produce the best performance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1506,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/page_type-image-with-white-text-box.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-59","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Managing Social Value - frc2 Measuring social value impact<\/title>\n<meta name=\"description\" content=\"Social Value and creating it is at the heart of our mission to end furniture poverty. 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