Measuring Impact
The Paddington Partnership’s social value work is well-established, with a respected and successful corporate volunteering programme that has been operating for over 20 years. In 2024 over 7,500 volunteering hours were given from 37 Paddington companies, supporting 30 charities, schools and community groups.
Increasingly staff want to work for companies with strong ESG and sustainability credentials. Under the BID framework our investment in community activity will be stepped up and extended.
A third of the BID’s expenditure will be targeted on this community activity, over £1.3 million during the BID’s first term, including 2% of income top-sliced to create a new Micro Grant.
Every BID member company will benefit from an annual plan co-designed with the BID and receive bespoke reporting on their volunteering activities and its impact locally, for inclusion in their wider ESG reporting.