A social value framework is a structured methodology used to evaluate, measure, and prioritise the societal, environmental, and economic benefits generated by initiatives, projects, or organisations. It involves identifying stakeholders, defining impact categories, developing metrics, determining valuation methods, collecting and analysing data, making comparative assessments, and transparently communicating the assessed social value. This approach allows for a comprehensive understanding of an entity’s broader contributions beyond financial gains, aiding decision-making for the greater good.