For the third consecutive year, GWR has commissioned consultants, Akerlof, to assess our social value using the Rail Safety and Standards Board (RSSB) Rail Social Value Tool (RSVT).
The tool measures the social value generated by our day-to-day operations, investments, and projects, allowing us to conduct a thorough analysis and report on the social value of our activities.
Having set out targeted strategies for improvement in our last social value report, we are pleased to provide an update on our progress to broaden and elevate the quality of our data reporting, as well as illustrate how we continue to enhance our impact on society, the environment, and the economy.
We equally recognise the importance of supporting the wider rail industry to continuously improve. As such, we are proud to play an active role within the Rail Social Value Tool Steering Group, which serves as a crucial platform for cross-industry collaboration and information-sharing related to social sustainability. Through our participation, we aim to drive the use and ongoing development of the RSVT to ensure it remains a useful tool for measuring social value across the rail sector.
This Social Value Report is structured to provide a holistic overview of our activities across 11 of RSSB’s social impact areas. As demonstrated throughout this report, the activities undertaken by our business can have a hugely positive impact on individual people’s lives.