The bottom of the Social Value iceberg: Business supply chains

Most Social Value is counted at project level, yet much of the potential sits with suppliers. This session explored how to engage supply chains so everyday spend delivers lasting benefits for people and places.

Panel
Chair: Nick Welby, Non Executive Director, Social Value Portal
Sonia Mangat, Head of Responsible Sourcing, Sodexo
Jon Harrison, Regulatory Affairs Manager, UK Steel
Michelle McSorley-Sharp, Residential Social Value Director, Wates Residential

The challenge
The session highlights a core problem: Social Value is expected from supply chains, yet suppliers are rarely involved early enough, supported properly, or recognised for the impact they already create.

The speakers discussed how to engage suppliers from day one, set proportionate expectations, and harness the significant, often hidden Social Value already generated across the supply chain.

Key themes and insights
Huge amounts of Social Value is delivered by the supply chain, but their contribution is often invisible or undervalued.
Early engagement is essential to set realistic expectations and unlock meaningful delivery.
SMEs already generate significant Social Value, but need help articulating and evidencing it.
Collaboration across tiers drives better outcomes than isolated, contractor-led commitments.
The Procurement Act 2023 shifts focus to maximum public benefit, creating new opportunities for local and UK-based suppliers.

“Unlocking Social Value through our supply chain isn't just good for the communities, it's good for business. It strengthens relationships, enhances your reputation, and drives long term resilience.”
Michelle McSorley-Sharp, Residential Social Value Director, Wates Residential

Next steps from the experts
Map current Social Value in your supply chain and identify partners with greatest potential.
Convene colleagues and key suppliers to agree priorities, realistic targets and reporting.
Review upcoming procurements against the Procurement Act 2023 and embed Social Value requirements from day one.