A Panel Discussion: Social Value of Transport

CT Matters

Last Wednesday I was delighted to be invited onto the panel as part of the ’Why Community Transport Matters’ launch event hosted by ECT Charity in partnership with Deloitte, Transport for London and the London Community Transport Strategic Forum.

The event held at City Hall in London also saw the launch of the Community Transport Matters report. This report is an amalgamation of two ground-breaking studies led to help community transport organisations around the UK better demonstrate their social value.

The panel discussion, which was expertly chaired by Leon Daniels, MD of Surface Transport TfL, delved into the Social Value of Transport. Alongside fellow panel members Neha Unadkat, Deputy MD of the Ealing Clinical Commissioning Group, and Bill Freeman, CEO of the Community Transport Association, I enjoyed the lively panel discussion with some interesting additions from the audience.

The economic value of community transport is significant and the report is an important step in our progress towards understanding better how inclusive transport delivers economic benefit.

 

 

It’s Good to Talk …Social Investment

Social InvestmentOn Tuesday 9th June I took part in an informative Round Table hosted by Big Society Capital in Fleet Street, London.

 

The topic for discussion was social investment and it offered a couple of very interesting case studies of non profits that had used social investment to generate growth.  It was a useful reminder for me of the effectiveness of the variety of social investment instruments, as we discovered at Scope during my Chairmanship, where we used loan finance, venture philanthropy and a Social Bond to serve our mission.

 

The different ways that non profits use social finance to deliver their goals and increase their impact was particularly inspiring – and that was one of the key themes coming out of the morning: focus on impact to get the best out of it.  For me, the role of the Chair is key.  Chairs need to keep their Boards focussed on the organisation’s vision and mission to ensure that risk is minimised and return maximised.