4GLOBAL announced the launch of the latest version of its Social Value Calculator (SVC). 4GLOBAL's SVC is designed to give leisure providers a tool to measure and provide evidence of the social value created from investment in sport and physical activity. Social value encompasses health, wellbeing, educational and social benefits experienced by people, communities and society generally through physical activity.

The SVC is a fundamental element in 4GLOBAL's business model, in use since the Company's inception, and enables clients to calculate an estimate of the monetary value arising from investment. The new version uses a duration-based model with a focus on the amount of time per week people spend engaged in physical activity. The model now extends to include those who are less active rather than the previous focus on the more active only.

The new version of the SVC also enables clients to assess the financial benefits arising from improvements in physical and mental health, subjective wellbeing, individual development and social and community development. Users can apply a range of filters to focus on specific outcomes or target groups which are key to their investment decisions. 4GLOBAL's SVC is already widely used by its clients to assess the financial impact of health and wellbeing initiatives.

The Directors believe that the new SVC will provide 4GLOBAL's clients with the tools to make even more compelling cases for new contracts and will strengthen further 4GLOBAL's unique selling proposition and enhance new business conversions.