What is SROI
Calculating the financial return on investment (ROI) is quite straightforward and commonplace within many organizations. The ROI is the number of times an investment is earned back by the investor. The ROI, however, fails to incorporate other returns like the social, environmental or cultural values (or social impact) that have been created for different stakeholders. The method of Social Return On Investment (SROI) is designed to capture these values.
The foundation of legitimate SROI analyses is a rigorous methodology—one that is testable, replicable and verifiable. We accomplish this by some characteristics. The method and the tool we present is supposed to be:
- Feasible
- Credible
- Replicable
- Transparent
- Comprehensive
- Accessible
- Useful
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Investors and entrepreneurs with social objectives need to know the social value created as a result of their projects. Many social services and products do not have market prices or are merely based on production costs. This means that socially driven organisations do not fully show value created for the stakeholders involved. Social Evaluator helps to demonstrate the added value of social investments and businesses.
Social Evaluator enables you to make social impact measurement an integral part of your social business. The social e-valuator tooling challenges management to establish SMART objectives, identify the most important stakeholders and discover the key drivers of social value. Creation of value is prioritised, rather than avoiding risk.
The social e-valuator products
A project license allows you to prepare and monitor an SROI analysis for one project. Online support is provided by a detailed manual based on the Cabinet Office Guide to SROI analysis, case studies relevant to the project under analysis, and links to a range of online resources.
The management account enables an organisation to prepare and monitor multiple SROI analyses. The management dashboard shows the status of all SROI analyses, and gives access to each SROI report created within the account.
News
Social e-valuator in Dutch The social e-valuator tool has been available in the Dutch language since January 2010. Users of the management account of the social e-valuator can set Dutch as the preferred language.
Contact
The Social Evaluator team will be happy to provide you with more information regarding the social e-valuator tool, our training & support services, and options for obtaining a license to the social e-valuator.