With the Social Value Act coming into law in the UK this year and with an increasing buzz around social investment and social impact, demonstrating value is now a key issue for social purpose organisations. While some organisations in the UK have successfully embedded a social impact-led approach in their work, many organisations lack the means and the knowledge to either assess their impact or put this evidence to use.
SIAA and the London Voluntary Service Council (LVSC) jointly hosted an event to explore, on a practical level, the challenges which social purpose organisations face in assessing their social impact. We also wanted to ask what opportunities social impact assessment can open up for organisations that engage with the process, and to what ends the evidence has been used so far.
SIAA and LVSC’s event took place on 17th May 2012 at CCLA in central London. Read the report here.