Are flawed social value measures holding back green progress?
Top Stories Tamfitronics Less than 1 per cent of social value created by construction firms comes via carbon reduction measures, figures shared with Construction News indicate.Data from framework provider Procure Partnerships shows that more than 98 per cent of the £6.8bn social value created through its frameworks comes from easy-to-achieve measures relating to local employment and supply chain spend.Robbie Blackhurst, founder and director at Black Capital Group, which owns procurement group Procure Partnerships, told Construction Newsthe metric now needs urgent updates to push the sector’s key environmental and social targets to the top of the agenda, calling the current social value metric “flawed”.Blackhurst argued that metrics including hiring local employees and subcontractors were almost a given within the construction industry, and should not contribute to a firm’s social value score.He said: “The current measures tend...
