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Social Value Pilot Study – Hayball & ASVB

This report brings together a summary of the results from Hayball’s pilot study which proposed a method to measure the social value of an architectural project through qualitative, quantitative and monetised data. It outlines their methodology and key findings and concludes with recommendations for architects. Hayball partnered with Australian Social Value Bank (ASVB) to develop the framework, surveys and formula to monetise the social value outcomes that they intended to achieve through the design. In addition, members of the Property Council of Australia provided guidance and support throughout the process. Hayball and ASVB won the 2023 SIMNA Award for Innovation in Social Impact Measurement. Explore the full pilot report.

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