The Social Value Portal are just one of a number of consultancies in this space. With others (including the UK government) they created the TOMS Framework, a tool to evaluate social impact.
This website provides a comprehensive (if a little jargon-rich) explanation of social value and how it can be measured.
If your organisation bids for public sector contracts, the TOMS Framework (Themes, Outcomes and Measures) is widely used to assess bids.
SSN's tips for users
Most businesses create social value through their work (e.g. creating jobs) and the TOMS framework is a useful tool (it's a big Excel spreadsheet) to capture, measure and report what you do.
Look at other resources to help you shout about the good work that you do. The TOMS Framework is weak on some environmental impacts.