Social value refers to the importance and benefits that a community or society gains from various activities, projects, or policies. It encompasses aspects such as well-being, social cohesion, and environmental sustainability. Organizations often aim to create social value alongside financial profit, ensuring that their actions positively impact people and the planet. Measuring social value can involve assessing outcomes like improved health, education, and community engagement. Tools such as Social Return on Investment (SROI) help quantify these benefits, allowing stakeholders to understand the broader implications of their work. Ultimately, social value emphasizes the interconnectedness of economic and social progress.