The document discusses the role of the NHS as an "anchor institution" and ways it can use its influence and spending power to improve health and social outcomes for the local community. It provides examples of NHS trusts that have successfully implemented social value initiatives around local employment, procurement, green space development, and environmental sustainability. While many practices have evolved organically, there is potential to build on this work by establishing clear leadership, metrics to evaluate impact, and networks to share learning between organizations. The document calls stakeholders to action to further develop the anchor role of the NHS at both local and national levels.