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Overview

Resource ID: INDIGO-ARES-0084

Link: http://with-one-voice.com/sites/default/files/London%20Business%20School%20-%20Measuring%20social%20impact_0.pdf

Many organisations have social, environmental and economic impacts that have an effect on people, their communities and the environment for the better. They may be a social enterprise, a private business, a voluntary organisation or a government initiative. Some may be large… and others run by a very small group of people. They may work across the sectors… and can have unique objectives or they may
have objectives shared by several other organisations.
So what links these diverse organisations? Well, they all face the same challenge… How should they measure their social outputs?… and how should they measure the value of achieving their social objectives? Now, we can often see, or at least assume the benefits of their work… but in today’s world it is necessary to communicate specific details about those benefits in order for them to be fully
acknowledged.

An extensive guide to SROI analysis for practitioners.

More details

Impact goal: SDG oriented, Social impact

Internal/external: External, Internal

Leader: London Business School, Jessica Boyd

Method: Attribution, Observation, Operational data

Output format: Monetary valuation

Scale: Micro

Sourcing: Self driven

Time frame: Ongoing

Type: Guide

Used in sectors: Csr, Sibs, Impact investing, Social enterprises, Developed countries

Who: Third sector, Private sector

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INDIGO data are shared for research and policy analysis purposes. INDIGO data can be used to support a range of insights, for example, to understand the social outcomes that projects aim to improve, the network of organisations across projects, trends, scales, timelines and summary information. The collaborative system by which we collect, process, and share data is designed to advance data-sharing norms, harmonise data definitions and improve data use. These data are NOT shared for auditing, investment, or legal purposes. Please independently verify any data that you might use in decision making. We provide no guarantees or assurances as to the quality of these data. Data may be inaccurate, incomplete, inconsistent, and/or not current for various reasons: INDIGO is a collaborative and iterative initiative that mostly relies on projects all over the world volunteering to share their data. We have a system for processing information and try to attribute data to named sources, but we do not audit, cross-check, or verify all information provided to us. It takes time and resources to share data, which may not have been included in a project’s budget. Many of the projects are ongoing and timely updates may not be available. Different people may have different interpretations of data items and definitions. Even when data are high quality, interpretation or generalisation to different contexts may not be possible and/or requires additional information and/or expertise. Help us improve our data quality: email us at indigo@bsg.ox.ac.uk if you have data on new projects, changes or performance updates on current projects, clarifications or corrections on our data, and/or confidentiality or sensitivity notices. Please also give input via the INDIGO Data Definitions Improvement Tool and INDIGO Feedback Questionnaire.