With your support, we’ve been able to transform lives for good.
Last year, some 97,863 people accessed our helpline and digital self-help support. We delivered nearly 7,000 counselling sessions and provided £800,000 in financial aid to enable our retail colleagues to remain in their own homes, feed their families and improve their quality of life.
The Public Services (Social Value) Act 2012, requires people who commission public services to think about how they can improve the social, economic and environmental wellbeing of their local area. Before they start the procurement process, commissioners are asked to look at whether the services they are going to buy, or the way they are going to buy them, could secure these benefits.
We have worked out the social return on investment (SROI) ratio by calculating the value our services offer to people and their communities, against the cost of delivering those services.We believe that this measurement provides the strongest evidence of the value for money we deliver.
The figures have been calculated by Loop, our social value partner, who have used HM Treasury approved methodologies.
The Retail Trust delivered nearly £99 million of social and economic value to individuals and local communities. The total includes savings to the NHS through improved health and wellbeing, reduced welfare benefits, and increased HMRC revenue through supporting people to find employment.