Using public money sustainably for London
As a public sector organisation, we have a responsibility to make sure you get good value for money by delivering benefits that extend beyond financial savings. This involves:
- paying all contractors at least the London Living Wage
- prioritising spending with small and medium-sized enterprises (SMEs) to support the local economy, rather than large businesses and their shareholders
By focusing on these practices, we aim to create positive social and economic impacts, benefiting Londoners and their communities.
Our successes so far
- creating apprenticeships in our workplace, and delivering 237 job starts and 11 apprenticeship starts in 2021-22
- we started using the Social Value Portal, using the National Themes, Outcomes and Measures (TOMs) framework to help maximise the social value added within contracts