28 July, 2022

The UK Social Value Bank now includes environment outcomes

Explore the new environment outcomes which are a part of the UK Social Value Bank. What are they, what do they involve and how much social impact can be created?

The new UK Social Value Bank is now available, with updates to the outcomes that are designed around the individual. Although the outcomes are aligned with a monetary figure, the methodology and evidence require a focus on individual experience rather than statistics. With that in mind, environmental outcomes were added to the UK Social Value Bank to reflect better the social impact that green initiatives can have on individuals.  

 Here we explore the environmental outcomes that you could incorporate into your social value plans: 

Energy Efficiency Rating  

This is split into three possible outcomes that allow incremental improvements to the  Energy Efficiency Rating and measure the value of each step. For example, allowing an Energy Efficiency Rating of E to D in year 1, then from D to C in year 2. The journey to net zero remains high on the sector’s agenda. With this outcome, you can link your work on retrofitting homes to your social value plans.   


This outcome has the potential to provide the highest social value for each individual environment outcome. Evidencing this outcome focuses on the resident’s experience of pollution from traffic and industry, therefore an approach to tackle the wider issue of pollution in the community is needed.  

Buying recycled products and recycling waste  

Focusing more closely on residents’ own behaviour, these are two separate outcomes, but both require a change in habits and/ or attitudes along with ensuring recycling is accessible.   

Although these outcomes have a relatively lower social value attached to them than other outcomes such as health or employment, they will have a social impact. When housing associations are required to consider environmental factors, it is an easy step to ensure these align with the social value plans for the whole organization.  

Recommended learning journeys on the HACT platform

Find more information about social value and the bank via our new online learning platform. You can register for free here


Includes a simplified explanation of what social value is, and a guide to implementing

The values continue to be free to view for Housing associations, ALMOS and organisations with a turnover under £350,000 per annum. To find out how to access them please contact our social value team. 

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Social Value Insight is our new easy-to-use tool that can help you measure, monitor and measure all your social value outcomes including environment.

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