The Procurement Act – Using AI for Social Value

At the same time, whatimpact was invited to be a part of APMP UK’s (the leading association for bid writing professionals) Procurement Act Panel Discussion in London last week. There was a compelling discussion centred around the role of Artificial Intelligence (AI) in procurement and the Procurement Bill being prepared around it. Our CEO, Tiia

Two major business risks in social value to mitigate

When considering social value from social, environmental, and economic perspectives, its influence on the private sector and business practices is profound, presenting both opportunities and risks. Companies are increasingly driven to embrace sustainability for various reasons critical to their future success. For example, compliance with sustainable procurement regulations, attracting investors interested in sustainable companies, securing

Press Release: Newport-Based Organisations Secure £800,000 Government SPF Grant Boost!

Newport City Council has launched three grant schemes for charities, social enterprises and local community groups (VCSEs) working in the realms of culture, heritage and sports. The UK Government’s Shared Prosperity Fund (SPF) includes these grants. The allocations support Newport City Council’s future vision of an ‘Ambitious, Fairer, Greener Newport For Everyone’. The council is

Advocating for Social Value Professionals in the workplace

whatimpact engaged with over 150 organisations and social value professionals in the second half of 2023 to learn about the work of social value management-related job titles and the challenges they face. We learnt about their daily challenges, the resources they need and their ideas to improve the ‘social value’ industry. This led whatimpact to

Social Value through Work (Experience)

Work experience opportunities generate important social value to our society. Students at secondary school, college and sixth form are traditionally getting to know work life through shadowing someone, visiting a workplace or completing a work placement, in person or online. New virtual approaches to engage with students are on the rise, and these can tackle

The NHS is enhancing its social value requirements – are you ready?

If you are an NHS contractor or part of a supply network, social value is increasingly something to take seriously. The NHS’s focus for 2024 is social value, in all contract work, enhanced by the new Procurement Act.   Social value is not straightforward: it requires effort, dedication, careful planning, efficient action, and capable reporting.