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Multidisciplinary property and construction consultancy, Ridge and Partners LLP (Ridge), has become an organisational member of Social Value UK as it bolsters its approach to social impact.
Social Value UK is the professional body for social value and impact management. By becoming a member, Ridge will strengthen its approach to delivering impactful social value outcomes for its people, the environment, and communities across the UK.
The partnership with Social Value UK follows the appointment of Lauren Bailey as the consultancy’s first Head of Social Value. Lauren is spearheading the transformation of ESG at Ridge, helping to unlock social value in construction projects. This will see Ridge work with clients and supply chains to deliver added social, economic and environmental value.
Ridge will also be implementing new accounting methodology to measure and report on its activity in line with BS 8950 – the British Standard for social value.
Lauren Bailey, Head of Social Value at Ridge, said:
“We understand the importance of being a responsible business, ensuring that local economies, people and the environment receive a positive benefit from the delivery of our services.
“Our social value journey started out as a transactional model. Now, our vision is to focus on societal outcomes and the influence that we can have as an organisation. By partnering with Social Value UK, we are committing to implementing the eight principles of social value. This will see us improve our social value accounting practices and strengthen the impact we have on our clients, our people and communities.”
Isabelle Parasram OBE, CEO of Social Value UK, said:
“We are delighted Ridge has joined us as Organisational Members. Becoming a Social Value UK member means joining a community of likeminded changemakers, all connected by their commitment to improving the impacts they have on people and the environment.
“We are really looking forward to supporting Ridge as they advance along their social value journey, and we encourage others to join them on the road to achieving a world where every organisation makes more decisions informed by their social impacts.
“Social Value UK will work collaboratively with Ridge to empower their decision-makers to make sustainable, informed choices that increase social value.”
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