15 October 2020
FOLLOWING a sustained period of growth, Social Profit Calculator has announced the appointment of Sarah Coughlan as chief operating officer.
Social Profit Calculator is the only UK software platform accredited by both Social Value UK and Social Value International. Led by a team of experts, the organisation provides a range of services to help businesses and public sector organisations accurately measure the social value they generate.
Sarah joined Social Profit Calculator in 2018 as a front-end developer working on the technical development of the organisation’s products and has since worked her way up to head of development. In her new role as chief operating officer she will be working with industry leaders on integrating sustainable methodologies for social value into built environment practices.
She said: “The importance of social value has been growing over recent years, particularly within the built environment sector, and we’re of course still feeling the impact of COVID-19 at present, so I’m thrilled to be moving into this new role at what is a really interesting point in time.
“As an organisation, we were really pleased to see the government’s new measures for social value announced last month. In the wake of COVID-19, people will need to see the impact of every pound invested and these new measures will mean that central government will – from 1 January 2021 – need to go further than the Public Services (Social Value) Act 2021 to ensure that all major procurement explicitly evaluate social value, rather than just consider it.
“I’m very much looking forward to getting started in this new position and working with the wider team and organisations throughout the industry to make a real, demonstrable change in how we view and measure social value.”
The organisation’s Social Value Reporting Software calculates the social, economic and environmental impact of a project using a number of government-approved analysis frameworks including Social Return on Investment (SROI), environmental impact, LM3, GVA and asset value. Its database of more than 6,000 outcomes achieves a level of unmatched accuracy.
Executive chairman and chief executive officer Gerard Toplass, who is also executive chairman of national framework organisation Pagabo and software solutions organisation Sypro, said: “Since joining the company, Sarah has shown dedication to our customers, the team and the product development that sets us apart from other organisations, so we’re really pleased to be announcing her appointment as COO.
“I look forward to working closely with Sarah, the board and the rest of team as we look forward and work with the wider industry to embed social value at the heart of all built environment endeavours.”
At the same time as Sarah stepping into this new role, Social Profit Calculator’s co-founder Mark Bolger will be standing down from day-to-day operations but will stay involved in the company as a shareholder and contributor.
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