Hassell and the Green Building Council of Australia (GBCA) announce the release of their discussion paper, ‘Social Value in the Built Environment’. This comprehensive document addresses the growing need to report and measure the positive impact on people?s quality of life when buildings, places, and infrastructure support their social, environmental, and  economic wellbeing. 
The paper offers a working definition of social value, helps people navigate existing  measurement systems, and lays the groundwork for greater industry collaboration. In  launching the paper, Hassell and the GBCA, aim to move Australia’s built environment sector towards developing a common framework for creating and measuring social value. 
Hassell’s Managing Director, Liz Westgarth, says the discussion paper is a crucial first  step towards better defining and tracking social value, which is essential for improving the  quality of our built environment and people?s lives. “There are huge benefits to be gained in getting the measurement of social value right,”  says Hassell’s Managing Director, Liz Westgarth. “By taking a holistic approach, we can  strengthen our communities and enhance the lives of the people who inhabit those  communities ? as well as the natural environment they sit within.”
“Developing a shared understanding of social value is essential for our industry to ensure  we’re accountable for the long-term impac...