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Capital for change: the investor role in social outcomes contracts

Seminar Room 1

As impact investing continues to gain global traction, and aligning private capital with public good continues to grow, social outcomes contracts are gaining renewed attention as a way to finance measurable impact. But what draws investors to this model? What makes it work in practice? And what needs to shift to unlock greater investment at scale?

This interactive workshop, hosted in partnership with Better Society Capital, brings together investor perspectives from both the UK and Sweden to explore the fundamentals of investing in social outcomes. Together, in this dynamic workshop, we’ll examine how social outcomes finance is evolving, what makes it attractive to mission-driven investors, and how to strengthen the ecosystem across borders.

The workshop is especially ideal for private sector actors, investors, philanthropies, and foundations – from those new to outcomes-based commissioning all the way to seasoned practitioners with insights to share.

Find a recording of the event here.

Presentations

Making social outcomes contracts work in the Nordic welfare states

We believe that we have valuable insights to share, when it comes to adapting the SOC model to the context of welfare states. Contrary to the UK, where charities and …

Why do investors invest in Social Outcomes Contracts

Given the announcement of the Social Impact Investment Vehicle by His Majesty's Treasury what role do investors play in building a stable ecosystem of social outcomes contracts. Why are investors …

Prototyping the Future of Complex Public Service Contracts: Testing, Learning, and Scaling Formal-Relational Approaches

Tun Razak Lecture Theatre

At SOC24, participants helped us take the first step: identifying what gets in the way of contracting for complex public services - and what might make it better. Building on those early insights, we convened a series of follow-on workshops with commissioners, lawyers, and practitioners to co-develop a prototype formal-relational contract model for public services.

Now, at SOC25, we’re coming full circle. This workshop will introduce the draft model, invite feedback, and road-test its core components. Together, we’ll explore how this approach might translate to other sectors and service areas, laying the groundwork for broader application and impact.

Find a recording of the event here.

Seminar Rooms 3&4

Outcomes-focused partnerships: Exploring pathways for impact at scale

Achieving impact at scale has long been the holy grail for those leading outcomes-focused partnerships. While the challenges are well-documented, recent practice suggests progress is being made partnerships are increasingly designed with scale and sustainability built in from the start, alongside a greater recognition that pathways to impact vary widely based on context.

There isn’t a single blueprint. Some approaches focus on expanding and mainstreaming these models, while others involve adoption of innovative service delivery models at the national level, new ways of working within local ecosystems of service, or a different approach to how central government works with local communities to balance accountability and flexibility. Regardless of the approach, accelerating progress requires collective learning, open dialogue and honest reflection on the barriers to scale.

This interactive session will bring together experienced researchers, delivery organisations, policymakers, and technical advisors, and intermediaries to explore different pathways for impact at scale in outcomes-based partnerships. We’ll blend research and practical insights to examine the strategies that different organisations have pursued to grow their impact. The discussion will kick off with real-world examples that showcase the diversity of approaches, before inviting participants to share their experiences and collaboratively sketch roadmaps to greater impact

Presentations

Best practice in delivering Social Impact Bonds (SIBs/SOPs) in the UK: a comparative qualitative thematic analysis of antecedents

We argue that for SIBs to realise their full potential as incubators of innovation and to deliver their outcomes, they need to incorporate a stronger element of co-production and relational …

Scaling Outcomes Contracting in LMICs: Key Considerations for Government Adoption

Outcomes-based contracting has the potential to transform service delivery by aligning funding with measurable impact and facilitating local partnerships with grassroots organzations who are often the most effective at delivering …

Can Social Outcomes Contracts contribute to systems change? Exploring asset-based working, innovation, and collaboration

Since their establishment over a decade ago, considerable research has been done on Social Impact Bonds (SIBs). Nonetheless, many questions remain on their ability to meet their high expectations, including …

The Education Outcomes Fund's outcomes for us: the influence of SLEIC on organisational effectiveness for Save the Children

Save the Children aims to place greater emphasis on the effectiveness and cost-effectiveness of interventions. In the education sector, this includes collaborating, since 2021, with the Education Outcomes Fund on …

Could outcomes-based approaches transform funding and accelerate locally led development?

Current times call for bravery, new thinking and letting go of old ways of deciding and doing. This workshop will look at whether and how outcomes-based approaches could shift power …

Should we be thinking about 'institutionalising outcomes' or creating next generation of public institutions?

We are faced with new challenges and our institutions are not well equipped to solve those. UN Secretary-General António Guterres described this well in his address to the General Assembly …

Too good to be true ?

The Skill Mill emerged from within the youth justice sector 11 years ago as a pioneering social enterprise, seeking to reducing reoffending and provide meaningful employment opportunities for young people …

Seminar Room 2

From reporting to value creation: impact measurement as a strategic tool in social outcome projects

This interactive session explores impact measurement as a management tool within social outcome projects. Through the presentation of selected contributions, we will discuss how impact measurement can create value by facilitating mutual learning among stakeholders, enhancing governance practices, and informing the design of interventions. The session offers a critical reflection on the strategic role of evaluation in advancing social outcome projects

Presentations

Returning power to social organisations through data collaboration

A key structural challenge in social services is the imbalance of power between funders (often governments) and the social service organisations who deliver the services. Part of this structural imbalance …

A rigorous and developmental approach to evaluating place-based systems change programmes for the public sector

The challenge

Place-based systems change programmes are vital to addressing complex issues like deprivation, homelessness, education or youth safety. Yet many people have told us they struggle to conclusively prove …

Embedding evaluation to support systemic action towards national outcomes: learning from the evaluation of Scotland's national suicide prevention strategy

Evaluating the impact of national, preventative missions that require systemic action is notoriously hard to do. In this paper we share learning from our work taking an embedded approach to …

Evolving measurement frameworks to drive systems strengthening through Development Impact Bonds (DIBs)

Background and objective:

DIBs have typically focused on direct service delivery and are seen as difficult to apply to systems strengthening initiatives due to the complexity of defining, quantifying, measuring, …

'You want data, you get data...' Ethnographic insights into how the treatment of research officers impacts data quality

Enumerators (or field officers) are essential to the production of evidence on which outcomes-based decision-making rests. They collect data that is subsequently analysed by project managers and (hopefully) ends up …

Strengthening Social Impact Investing in Europe

"Imagine you're a mainstream investor. You wake up, have your coffee, and you’re ready to act: Bloomberg shows you the markets, Pitchbook gives you the latest deals, Dealroom tracks …