A range of leading housing organisations have recorded over £9 million-worth of social value throughout 2018, according to a related reporting tool.
Places for People and One Manchester, are now partnering with Impact Reporting, a social value monitoring tool streamlining the way housing providers can capture and analyse business processes or organisational activity which has a social or environmental benefit.
For Places for People Impact Reporting found:
- From April 2018, over 42,000 customers took part in involvement activities
- Over 1,000 people were helped into work, training or volunteering
- Since April 18 created over £12m-worth of social value has been created by providing accommodation for people who have or were at risk of homelessness
- Customers saved £342,000 by being able to access affordable loans and energy efficiency measures, installed between April and September, saving £85,000 on fuel bills
- Frontline staff logged details of 2,500 activities since April, designed to help customers
One Manchester was found to have:
- Saved customers £1m
- Invested £300,000 in community projects
- Created £5m-worth of social value through supporting people into employment, providing access to cultural and leisure activities to alleviate social isolation, providing training and work placements to residents
- Invested over £50,000 to expand businesses and support market traders in our areas
Matt Haworth, Co-founder of Impact Reporting, said: “We built Impact because we believe that housing associations should be measured on more than just expenditure per home – they deliver significant social value, but often struggle to account for it.
Jamie Dickinson, Head of Social Value at Places for People, said the tool also served as a valuable staff engagement option as a platform to demonstrate our collective impact.
At One Manchester, the findings will feed into measurement of the social investment strategy.
“We can easily view reports to see the difference we are making in one place, and evidence the impact we have – it helps us spot patterns and inform our social investment,” said Social Investment manager Anton Schultz.
Pictured: The Places for People team working on a DIY SOS-style project in Sheffield.