Our approach
Impact measurement and management is planned in line with Social Value International principles and standards, and draws on the SDG Impact Standards developed by UNDP.
Social impact measurement and management helps organisations better understand the change created by an organisation, a value chain or a programme, use data to make decisions and improve existing programmes, and develop new services and interventions that create more positive impact with existing resources.
Analysis follows Social Value International methodology and principles. The purpose of applying the SROI methodology is to understand the extent and relative value of the changes created in stakeholders' lives.
Social Value International holds a formal partnership with UNDP on training, accreditation and independent assurance for the SDG Impact Standards. Our analyses therefore run within an internationally recognised framework aligned both with SVI social value principles and with the UNDP SDG Impact Standards.
Steps of the analysis
- 01Establishing scope and identifying stakeholders
- 02Mapping outcomes
- 03Evidencing outcomes and giving them a value
- 04Establishing impact
- 05Calculating social value and SROI
- 06Reporting and using the data in decision making
Social Value Principles
| Principle | Description |
|---|---|
| Involve stakeholders | Inform what gets measured and how this is measured and valued in an account of social value by involving stakeholders. |
| Understand what changes | Articulate how change is created and evaluate this through evidence gathered, recognising positive and negative changes as well as those that are intended and unintended. |
| Value the things that matter | Decisions about allocating resources between different options need to account for stakeholders' values. Value refers to the relative importance of different outcomes, informed by stakeholders' preferences. |
| Only include what is material | Determine what information and evidence must be included in the accounts to give a true and fair picture, such that stakeholders can draw reasonable conclusions about impact. |
| Do not over-claim | Only claim the value that activities are responsible for creating. |
| Be transparent | Demonstrate the basis on which the analysis may be considered accurate and honest, and show that it will be reported to and discussed with stakeholders. |
| Verify the result | Ensure appropriate independent assurance. |
| Be responsive | Pursue optimum social value based on decisions that are timely and supported by appropriate accounting and reporting. |