A guide to help organisations and institutions recognise the value beyond what is captured by financial measurement
Eilís Lawlor, Eva Neitzert, Jeremy Nicholls, Tim Goodspeed
11 May 2009
This guide aims to show organisations and institutions to make better decisions using Social Return on Investment (SROI) principles, helping them to recognise value beyond what can be easily captured by financial measurement.
Every day our actions and activities create and destroy value; they change the world around us.
Although the value we create goes far beyond what can be captured in financial terms, this is, for the most part, the only type of value that is measured and accounted for. As a result, things that can be bought and sold take on a greater significance and many important things get left out. Decisions made like this may not be as good as they could be as they are based on incomplete information about full impacts.
A major step towards helping organisations and institutions demonstrate their social, economic and environmental impact has taken place with the launch of a new guide to Social Return on Investment (SROI), backed by the Cabinet Office. This is especially timely when organisations are seeking to make every pound go as far as possible.
This guide offers a framework for measuring and accounting for a much broader concept of value; it seeks to reduce inequality and environmental degradation and improve wellbeing by incorporating social, environmental and economic costs and benefits.
If you back a recovery plan based around great public services, protecting the planet and reducing inequality, please support NEF to build back better.
Ayeisha Thomas-Smith is joined by New Statesman’s Britain editor, Anoosh Chakelian and David Hall, founder of the PSIRU at the University of Greenwich
05 February 2021
Evidence of its failures alone won't end the hostile environment - we need to get organised.
16 October 2020
Learning from the international struggle for universal healthcare
Daniel Button, Akram Salhab, James Skinner, Aliya Yule, Kathryn Medien
15 October 2020
Ayeisha Thomas-Smith is joined by NEF's Sarah Arnold, Marion Sharples from the Women’s Budget Group and City University's Jo Littler.
09 October 2020