Gyeonggi Province Ranks First Nationwide in Social Value Index (SVI) for Social Enterprise Performance

Gyeonggi Province ranked first nationwide in both participation scale and evaluation performance in the Ministry of Employment and Labor's measurement of the 2025 Social Value Index (SVI).

The Social Value Index (SVI) is a system that comprehensively measures the social, economic, and innovation performance created by social enterprises through 14 indicators, including job creation, community contribution, organizational management, financial performance, and innovativeness.

As a result of the measurement, among the 1,166 companies that participated in the SVI assessment nationwide, 244 companies were based in Gyeonggi Province, accounting for 21% of the total. This is the largest participation scale among all metropolitan local governments nationwide.

As the direction of government financial support policies is being revised to reflect SVI measurement results, the large participation of social economy organizations in Gyeonggi Province means that they will be able to receive more policy support in the future.

In terms of evaluation performance, 101 out of the 244 companies in Gyeonggi Province, or 41.4%, received a grade of excellent or higher.

Expecting that the use of SVI will expand in government financial support and public procurement processes, Gyeonggi Province has, since 2024, preemptively implemented SVI training and customized consulting for social economy organizations, becoming the first metropolitan local government to do so.

Based on these achievements, Gyeonggi Province is granting additional points to companies rated excellent or higher in SVI within its support programs, such as job creation projects and the selection of exemplary companies, so that the creation of social value leads to tangible policy benefits.

Song Eunsil, Director General of the Social Innovation and Economy Bureau of Gyeonggi Province, said, "This achievement demonstrates that the SVI-based performance management system promoted by Gyeonggi Province is producing tangible effects in the field," adding, "Building on our first-place SVI performance nationwide, we will further strengthen support so that the social economy can firmly establish itself as one of the pillars of the regional economy."

This content was produced with the assistance of AI translation services.