The Creation of Public ValueTIn line with national frameworks, the University of Genoa defines the creation of public value as the enhancement of well-being for the recipients of its policies and services. To clarify our specific contribution, we distinguish between several related concepts:Sectoral ValueThis refers to the direct impact of the University's policies on the well-being of stakeholders within our three core mission areas: Education and Student Services, Research, and Third Mission.Measurement: Assessed by the degree of achievement of our Strategic and Operational Objectives. Public Value (Narrow Definition)This represents the average impact of the University's policies on the overall well-being (economic, social, and environmental) of our stakeholders. It measures the cumulative, additional well-being generated by our activities.Measurement: Assessed by the degree of achievement of our Public Value Objectives. Public Value(Broad Definition)This is the most comprehensive measure, assessing the overall impact on stakeholder well-being by also considering effective governance, risk management, and the sustainable use of institutional resources.Measurement: Assessed by correlating the achievement of Public Value Objectives with performance in executive management, anti-corruption measures, and human capital development. Acknowledged Public Value This refers to the impact of the University's policies as perceived and acknowledged by our external stakeholders.Measurement: Assessed through dedicated stakeholder surveys. . Public Value Targets Dimensions Social Impact VP-01-S Contribute to the development of free knowledge for the progress of society VP-02-S Ensure the right to quality higher education for all sections of the population VP-01-S Contribute to the development of free knowledge for the progress of society VP-02-S Ensure the right to quality higher education for all sections of the population Economic Impact VP-03-E Promote full employment and decent work for allVP-04-E Contribute to the development of the local and national economy, with particular reference to the utilisation of research results VP-03-E Promote full employment and decent work for allVP-04-E Contribute to the development of the local and national economy, with particular reference to the utilisation of research results Environmental impact VP-05-A Reduce carbon footprint, including by reducing energy consumption VP-05-A Reduce carbon footprint, including by reducing energy consumption Contribution of the Goals to the UN 2030 Agenda Start page
