Category: Event Management

Currently, it struggles to do this on the scale or in the detail achieved in the other sectors with which it competes for scarce capital and resources. TSC Impact has been established to help sport meet that challenge. In bringing together TSC’s wide-ranging sports market expertise and Dr Daniel Fujiwara’s globally renowned authority in social value, wellbeing economics and policy evaluation, we are committed to redefining how the industry measures socio-economic impact.
 
Social value and why it matters now
Social value is a quantification of the impact on society of any action, programme, investment, organisation or event. The measure looks beyond purely economic effects to capture a wider, often less tangible, range of positive and negative societal impacts that provide a rounded assessment of overall impact on people and their communities.
Providing social value – and being able to demonstrate it – is now essential for every organisation in sport as policy priorities and economic imperatives have placed an increasing emphasis on public benefit as a determinant of investment decisions. As public and private funders, federations and governing bodies have come to recognise the power of sport to do far more than attract fans and promote participation, it is properties and events that can demonstrate this social value they choose to support.
 
TSC Impact: A new benchmark for evaluation standards
Without the rigour of the social value assessment tools available in sectors where impacts are easier to quantify – in health, education or housing, for example – sport’s contribution to society will remain undervalued and under-resourced as investors and policymakers will be limited in their ability to make evidence-based decisions on where best to assign their resource. The challenge now, therefore, is to develop the robust, standardised and internationally recognised framework for measuring social value that will enable sport to compete with other policy levers for continued investment and support.
The Sports Consultancy (TSC) is committed to doing just this; partnering with Dr Daniel Fujiwara, a globally recognised authority in social value, wellbeing economics and policy evaluation, to establish a new international benchmark for measuring the social value of sport and the social return on investment it generates. Our shared mission is to close the social value analysis gap to other policy sectors by embedding a new, robust, standardised and internationally aligned social value measurement across sport, from its professional elite to its amateur grassroots and spanning major events, sponsorship and commercial partnerships, community programmes, and infrastructure projects.
Development of the new standard will be informed by this mix of sports industry expertise, leading-edge analytics and proven policy evaluation models, and guided by an industry taskforce made up of stakeholders with an interest in the field. Dr Fujiwara has authored or contributed to 15 global guidance manuals, including the OECD’s Social Value Framework and HM Treasury’s Green Book, and has led more than 120 policy evaluations for governments and international organisations including the United Nations and International Monetary Fund.
TSC is an award-winning advisory in sport and major events with a 20-year record of helping clients maximise and measure economic impact and social outcomes. Its dedicated research and intelligence unit SEER (Sports & Entertainment Evaluation and Research), which provides data, insight and analysis to support the decision-making of commercial, public and third sector organisations, will bring this experience to the project that will shape and test the new methodologies as they evolve.
The final framework will align with global best practice in social value measurement, including that of the OECD’s Cost-Benefit Analysis Guidance (2018) and the European Union Guidelines (2022). In so doing, it will give governments, investors and governing bodies the credible evidence they need to support the expansion of capital and revenue funding for sport; enable athletes, clubs, brands and sponsors to maximise the social impact of their work; and strengthen the case for the long-term prioritisation of sport as a powerful tool for building the healthy, resilient, inclusive societies of the future.
 
Next steps
TSC Impact has published its Social Value Positional Paper in November 2025, which outlines the importance of social value, best practice within social value measurement and the future potential for sport. TSC will also publish the new framework’s technical components in Volume 2 of this report during 2026. These will be informed by early engagement with industry leaders to better understand their priorities and the challenges they face in measuring socioeconomic impact and tested throughout their development with the input of a Sports Social Value Taskforce (SSVT).
Representatives of public sector bodies, international federations, rights holders, brands and investors are all invited to express an interest in joining the SSVT, which will build a new network of industry players with shared interest and experience in creating and measuring social value in sport. TSC and SEER will be seeking expert representation to join the SSVT, from the sports sector and beyond, and welcome contributions from all organisations and individuals as we work together to capture and communicate the true and full social value of sport.
The question sport must ask is not what society can do for it, but how it will show what it can do for society. For potential investors in sport, social value matters more than ever. For sport itself, quantifying that contribution to societal wellbeing and growth has never been more important in improving lives.