SVI Blog

sopact

Best Practices In Social Return On Investments

Monday, February 25th, 2019

This was originally posted by Sopact on their website here. What is Social Return on Investment? Social Return on Investment (SROI) is an organizational method of accounting for value creation, primarily social or environmental value. SROI enables organizations to measure how much change is being created by tracking relevant social, environmental, and economic outcomes. The key difference between SROI and other methodologies is the assignation of monetary values to the amount of change created. To give a very simplistic example: SROI assigns a monetary value to inputs and outcomes and uses that assignation to calculate a ratio. If that ratio is 5:1, it

Updates to Report Assurance

Thursday, February 21st, 2019

A core part of developing our collective practice, and improving the standard and quality of social value accounting and SROI across the globe are the Assurance and Accreditation services offered.  Assurance or accreditation can give you the confidence in your practice, build trust with your different audiences, and provide a supported pathway to improve. At Social Value International we are constantly looking for ways to improve the services we provide, to better meet the needs of the wide variety of organisations, sectors and industries that are accounting for social value.  Here is a list of the most recent updates to

Restore the Earth Foundation Announces the Latest Update to its EcoMetrics Platform

Monday, February 18th, 2019

EcoMetrics Integrates Social Value International Principles and the International Integrated Reporting Councils Framework to Create a “Total Package” for Sustainability Reporting WASHINGTON, DC, February 11, 2019 − Restore the Earth Foundation today announced the latest update to the Restore the Earth EcoMetrics platform, a first-of-a-kind “total package” for sustainability reporting.  EcoMetrics is an innovative suite of analytic and reporting tools designed to forecast, assess and account for, in monetary terms, the Full Value of environmental, social, and economic impacts of natural capital and green infrastructure investments. Corporations, governments, and NGOs can use EcoMetrics’ data-driven insights for long-term scenario planning, tracking

Understanding How to Wield Social Return on Investment (Part II)

Thursday, February 14th, 2019

This was originally posted in full by Sopact on their blog here. In Part I of this blog series we looked at the Social Return on Investment (SROI) approach to accounting for impact and some of the challenges involved in its implementation. By identifying monetary values for impact generated, SROI enables us to calculate impact returns as a ratio of our capital allocation. For example, if that ratio is 5:1, it means that every dollar allocated will generate (or has generated) social value worth five dollars. Its rigorous process takes impact accounting to new levels of transparency and authenticity. That is, if organizations can

How to Calculate Social Return On Investment (SROI) – Part 1

Thursday, February 14th, 2019

This was originally posted by Sopact on their website here. A lot of people try to get to a number for SROI Ratio and it misses the truth. The point of SROI calculation isn’t necessarily to justify capital investment, it’s to understand value creation through capital allocation.”- Jed Emerson Capitalism has historically been about value creation. And yet, value creation has bent towards delivering value solely to shareholders, generating a collective tunnel vision. What about generating environmental value? And social value? Accounting for such value is difficult, and perhaps for this reason we do not collectively work such value into

Learn About Impact Monitor

Thursday, February 14th, 2019

Social Value Institute offer the Impact Monitor, a new way to showcase the efforts within your organisation. We had a chat with Ana of Social Value Institute about Impact Monitor and why you should consider using it. What is Impact Monitor? Impact Monitor® is a technological web-based platform that allows organizations to trace their social impact based on information generated from their daily operations. How do you think Impact Monitor will benefit individuals + why should they undertake it? IM enables organizations to execute tasks from their Social Value Creation Model or their Sustainability Model in a structured manner to

Convergence, Tribes and the Impact Revolution

Friday, January 18th, 2019

Ben Carpenter Social Value International CEO reflects on the challenges of a growing movement. Impact thinking is being adopted rapidly across new sectors with new players. How do we react? Imagine lots of people walking towards the centre of a circle. They all have different starting points but are converging into the middle and are starting to meet and collide. This is the scene described by Sir Ronald Cohen this week as he described the state of impact measurement and thinking. Convergence around principles and impact theory was a theme echoed by many this week at the OECD Conference #PF4S.

impact academy

Civil Support and Ashoka Launch The Impact Academy

Wednesday, January 16th, 2019

Recently Civil Support ( Leader of SVI’s Hungarian Country Impact Group) and Ashoka teamed up to produce a new initiative, The Impact Academy. We spoke to Zsolt Pethe, co-founder of The Impact Academy, about what this initiative is and how it will benefit individuals. What is The Impact Academy? Impact Academy is a half-year program, combining interactive workshops delivered by international experts alongside local presenters, two community events and the creation of multi-media resources to inspire the ecosystem around impact assessment. Modules guide the participants through theoretical approaches, practical strategy development, tailor-made tools and indicators. The program includes mentorship and assistance

socialvalueaoteroa

Whānau Ora Accreditation Framework endorsed by SVI

Thursday, December 13th, 2018

A highlight for our Social Value Aotearoa network this year was working closely with a subset of our members through Te Pou Matakana(Whanau Ora Commissioning Agency) co-designing the WhānauOra Accreditation Framework – an organisational approach to strengthening and reinforcing the ongoing quality and integrity of WhānauOra practice and delivery. Whānau Ora Dame Tariana Turia on Whānau Ora “To know ourselves, our strengths, our challenges and chart our own course.” Whānau Ora is a culturally-based holistic approach to wellbeing that focusses on the Māori concept of whānau. The family group (whānau) are considered as a whole and not just the individual.  Whānau

jignesh

Announcing India’s First SROI + Social Value Accredited Trainer

Thursday, November 29th, 2018

We are proud to announce that Jignesh Thakkar has become the first Accredited SROI + Social Value Trainer in India. Jignesh is a Corporate Social Responsibility and Development sector professional with an MA in Social Work from Tata Institute of Social Sciences, Mumbai, Maharashtra, a Gold Medallist in Bachelors of Social Work from Sardar Patel University, Vallabh Vidyanagar, Gujarat and Bachelor of Law from Gujarat University, Gujarat. Jignesh is passionate to work on developmental issues, strategic program development, project cycle management, concurrent monitoring, zero tolerance operations, responsible resource management, and fruitful networking. He has extensive knowledge of working on grant-funded