How can organisations measure impact effectively?
Yusuf Jaffar, Social Enterprise Ventures
28-Apr-16 13:00
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How sustainable or effective are run-off-the-mill CSR initiatives in delivering social / environmental impact? Is anyone measuring or quantifying these activities? How can corporations standardise and efficiently report impact?
Social Return on Investment (SROI) is a method for measuring and communicating a broad concept of value that incorporates social, environmental and economic impacts. It is a way of accounting for the value created by our activities and the contributions that made that activity possible.Can corporations now quantify impact into tangible economic values to boards and stakeholders?
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Tags: CSR, social enterprises, social impact, sustainability, sustainable practices, metrics, measuring impact