Leading organisations across County Durham are taking a pioneering approach to Social Value with the new County Durham Pound (CDP) project. The partners in the initiative have recorded over £305 million of Social Value to date, also winning the Best Public Sector Project at the 2023 Social Value Awards.
The innovative partnership is driving positive social, economic and environmental change across the region, impacting over half a million people. Social Value Portal is enabling this transformation through a programme of engagement and training, alongside the creation of a dedicated reporting framework, using the proven Social Value TOM System™ to accelerate measurable impact.
Changing lives, driving action
The County Durham Pound initiative encompasses 11 key organisations:
With the goal of improving the lives of their communities following the global COVID-19 pandemic, the partners realised they could generate much greater impact if they acted collectively. County Durham Pound approached Social Value Portal about making this ambition a reality.
As a collective, we can make a difference by building local supply chains and purchasing more local products and services; by considering Social Value during planning so communities have more control over their areas; and by increasing awareness and the Social Value of every pound we spend.
Darren Knowd, Head of Procurement, Sales and Business Services at Durham County Council
What are County Durham Pound’s 6 key objectives?
To provide a structured approach and set clear goals, County Durham Pound has laid out 6 key objectives across a range of areas. The partners will collectively aim to:
- Create more jobs for local people
- Reduce impact on the environment
- Support with meaningful training and upskilling
- Help community groups and charities
- Prioritise better health and wellbeing
- Focus on equality, diversity and inclusion
We quickly realised we could have a significant impact by increasing the Social Value of every pound spent in our county and by rethinking what it means to be responsible organisations.
Darren Knowd, Head of Procurement, Sales and Business Services, Durham County Council
The power of place-based Social Value
For County Durham Pound, Social Value is generated in a number of ways. It could be in the tendering and procurement process, in the actions of the partners themselves, in the allocation of grant funding, or in another area all together.
The success of place-based Social Value depends on the collection of local insights and data, and their incorporation into a comprehensive reporting and measurement framework. This is where County Durham Pound’s partnership with Social Value Portal became an essential enabler of success.
With areas and communities across County Durham facing different challenges, Social Value Portal first undertook a Local Needs Analysis. This ensured that partner objectives were clearly aligned to the needs of County Durham’s communities and would deliver true and long-lasting value to them. The requirements were then reflected in County Durham Pound’s tailored Social Value TOM System.
Developed in response to the Public Services (Social Value) Act 2012, and a widely recognised Social Value measurement and reporting tool, the Social Value TOM System assesses the Themes, Outcomes and Measures desired by an organisation – or, in this case, a large-scale partnership.
To date, County Durham Pound has reported over £305 million of Social Value for the region.
It has been so inspiring to witness the Social Value that County Durham Pound has delivered so far. The partners have the tools to generate long-lasting Social Value for the people of County Durham, and feel empowered knowing they can accurately measure and report on its impact. What’s more, it’s clear to see that working as a collective has real power. Partners can collaborate and learn from each other, realise new efficiencies when commissioning and delivering products and procurement, and avoid duplication and a siloed approach. All of this only serves to benefit the people of County Durham.
Anna McChesney-Gordon, Director of Consultancy, Social Value Portal
Keep an eye on the County Durham Pound website for all the latest success stories and case studies on how the partners have achieved positive outcomes for their residents, businesses and environment.
This is the first collaborative, placed-based Social Value project of this scale that we have been involved with. However, due to its success, we certainly don’t foresee it being the last. In fact, we expect the methodology and learnings from County Durham to be taken and rolled out to many other regions throughout the country. Together, we can make good go further, enacting tangible and enduring change for people and communities across the UK.
Anna McChesney-Gordon, Director of Consultancy, Social Value Portal
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