Details
Year: 2024
Published in: YouTube
Cited as: “Challenge or opportunity for social procurement?”, uploaded by @EuclidNetwork, 8 January 2025, https://youtu.be/KQsT2AQrYzg
Subject
Challenge or opportunity for social procurement?
Abstract
In this ninth and final episode of Season 2 of The Social Economist, our third mini-series concludes! We’re excited to be talking about the topic of social procurement and the work of SEUK who’ve been working in this area for many years. This concludes a deep-dive into this important area which offers a great number of opportunities for both social enterprises but also conventional firms and corporate buyers. In this third episode of this mini-series, host Toby Gazeley from Euclid Network is joined by Andy Daly from SEUK to hear about how their focus on social procurement developed, what it involves and their ambitions for the future. Toby and Andy cover many of the key areas in procurement. Andy highlighted the importance of supply chains in impacting a company’s ESG footprint and the opportunity that engaging in social procurement offers in going beyond a ‘do no harm’ principle towards having positive social impact. Procurement happens regardless and spending money at social enterprises therefore represents an opportunity for a win-win for companies and society. Andy also highlighted the importance of policy developments such as the Social Value Act for helping to also drive forward an interest in social procurement. The Buy Social Corporate Challenge was another area mentioned by Andy. This is a programme which has been running since 2016 and has the ambitious goal of seeing 1 Billion GBP spent as social enterprises through corporate procurement.
