Social capital
The Value Toolkit Overview published by the Construction Innovation Hub in April 2021 defines social capital as: ‘…the networks together with the shared norms, values and understanding that facilitate cooperation within and among groups. In the context of the built environment, Social Capital refers to influence and consultation, equality and diversity, networks and connections as well as the changes people experience in these areas as a result of built assets.’
High Speed Rail (Crewe – Manchester) Environmental Statement, Glossary, abbreviations and references, published by the Department for Transport in 2022, defines social capital as: ‘The connections between the individuals within communities, and the inclination that arises through these networks for individuals to feel valued, to feel a sense of belonging, to have companionship and to tangibly support each other.’
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