Social value is integral to our business – it shapes our decisions, guides our actions, and enables us to deliver a wider impact, beyond our core services. Behavioural Insights Limited (“BIT”) was founded in 2010 as the world’s first government team dedicated to the application of behavioural insights to deliver a positive impact for communities, clients, and employees. We work with a wide range of government departments and organisations worldwide to deliver high-quality, high-impact solutions that improve economic, social, and environmental outcomes and implement our solutions as widely as possible.
BIT is a social purpose company 100% owned by Nesta. Nesta is a registered charity with overarching, publicly stated charitable objects at its core. It designs, tests and scales new solutions to society’s biggest problems, changing millions of lives for the better. Together with Nesta, BIT shares a commitment to be world leaders in driving innovation for social good. Our social value statement outlines our dedication and commitment to using our skills, resources, and influence to drive positive change; and incorporates guidance from the UK Government’s Procurement Policy Note 002.
The social value activities we deliver as part of our projects are developed in collaboration with our clients, ensuring they align with the nature of the contract so we can maximise value for both our clients and the community. For each activity, we establish measurable goals and targets with our clients to reinforce transparency and accountability.