Valuing the Impact of Social Housing Renovation Programs: An Application of the Social Return on Investment (SROI)

2016 ◽  
pp. 291-302
Author(s):  
Marta Bottero ◽  
Gustavo Ambrosini ◽  
Guido Callegari
Keyword(s):  
Social Housing ◽  
Return On Investment ◽  
Social Return On Investment ◽  
The Social ◽  
The Impact

Dampak Program CSR Binaan PT Pertamina RU II Sungai Pakning: Analisis Social Return on Investment (SROI) dan Sensitivitas

2021 ◽  
Vol 11 (2) ◽  
pp. 203-212
Author(s):  
Nurhazana Nurhazana ◽  
Muhammad Luthfi iznillah ◽  
Sahat Roy Pianto
Keyword(s):  
Program Implementation ◽  
Return On Investment ◽  
Secondary Data ◽  
Primary Data ◽  
Social Investment ◽  
Social Return On Investment ◽  
The Social ◽  
Program Costs ◽  
The Impact ◽  
Calculation Analysis

The purpose of this study is to see the impact of the CSR program of PT Pertamina RU II Sei Pakning through the analysis of Social Return on Investment and sensitivity. This research is descriptive quantitative by utilizing primary and secondary data. Primary data consists of data obtained from processing observational data and secondary data obtained from various literature sources. Based on the results of the SROI calculations for the four programs, it can be concluded that the social investment made for each program is feasible because all programs have a positive SROI score (more than 1) during the program implementation plan. In accordance with the results of the SROI calculation analysis, four programs from PT Pertamina RU II Sungai Pakning have generated benefits that are greater than the program costs. However, there are still opportunities to increase and expand the scope of benefits from the four programs.

ANALISIS SROI (SOCIAL RETURN ON INVESTMENT) DALAM MENGUKUR KEBERHASILAN PROGRAM CSR MIKROHYDRO OLEH PT. PJB UP PAITON DI DESA ANDUNGBIRU, KABUPATEN PROBOLINGGO

2020 ◽  
Vol 2 (2) ◽  
pp. 15-22
Author(s):  
Veronica Sri Astuti
Keyword(s):  
Environmental Sustainability ◽  
Return On Investment ◽  
Mountainous Area ◽  
Hydro Power ◽  
Colonial Era ◽  
Social Return On Investment ◽  
The People ◽  
The Social ◽  
The Impact ◽  
Electricity Infrastructure

This study aims to determine the impact / benefits of the CSR Mikrohydro program by PT. PJB UP Paiton in Andungbiru Village, Probolinggo Regency. This can be seen by using the Social Return On Investment (SROI) analysis. Andungbiru Village is a village that is located very remote and is a mountainous area, where the electricity infrastructure is from very minimal even almost unusable. CSR Mikrohydro by PT. PJB UP Paiton helps the people of Andungbiru Village by reactivating the PLTMH (Micro Hydro Power Plant) which once existed during the Dutch colonial era. SROI analysis shows that CSR Mikrohydro by PT. PJB UP Paiton in Andungbiru Village has succeeded in providing benefits and empowering the Andungbiru Village community economically and socially, as well as maintaining environmental sustainability. Keywords: Social Return On Investment; CSR

scholarly journals PENGUKURAN DAMPAK INVESTASI SOSIAL PELAKSANAAN CSR MENGGUNAKAN METODE SOCIAL RETURN ON INVESTMENT (SROI)

AdBispreneur ◽  
2019 ◽  
Vol 3 (2) ◽  
pp. 153
Author(s):  
Meilanny Budiarti Santoso ◽  
Rivani . ◽  
Slamet Usman Ismanto ◽  
Idim Mumajad ◽  
Hendri Mulyono
Keyword(s):  
Social Responsibility ◽  
Return On Investment ◽  
Development Program ◽  
The Elderly ◽  
Social Investment ◽  
Economic Perspective ◽  
Social Return On Investment ◽  
The Social ◽  
Corporate Social ◽  
The Impact

ABSTRACTCorporate social responsibility is the company's obligation, especially in the extractive sector, which ideally is a form of corporate social investment, so that it can be measured and profitable. This article wants to uncover how companies can find out the impact of social investment, which is by using the Social Return on Investment method. Based on a study assessment the impact of social investment from the Baramulyo Posdaya Development Program, the SROI Ratio was 3.70, meaning that each investment was Rp. 1, - get an impact or benefit worth Rp. 3.70, -. The biggest benefit of Posdaya Baramulyo is on increasing access to PAUD schools, which is 66.5% of the total value of the outcome, then increasing income by 14.09% of the total value of the outcome, increasing the growth of PAUD growth by 12.66% of the total value of the outcome, and the elderly felt fitter and healthier at 5.73% of the total value of the outcome. When viewed from a socio-economic perspective, the Posdaya Baramulyo program can be said to be feasible and successful. ABSTRAKCorporate social responsibility merupakan kewajiban perusahaan khususnya bidang ekstraktif yang secara ideal adalah wujud investasi sosial perusahaan, sehingga dapat terukur dan menguntungkan. Artikel ini ingin mengungkap bagaimana perusahaan dapat mengetahui dampak investasi sosial yang dilakukannya, yaitu dengan menggunakan metode Social Return on Investment. Berdasarkan studi penilaian dampak investasi sosial dari Program Pengembangan Posdaya Baramulyo diperoleh SROI Ratio sebesar 3,70 artinya bahwa setiap investasi Rp. 1,- memperoleh dampak atau manfaat senilai Rp. 3,70,-. Manfaat terbesar dari Posdaya Baramulyo adalah pada peningkatan akses sekolah PAUD yaitu sebesar 66,5% dari total nilai outcome, kemudian peningkatan pendapatan sebesar 14,09% dari total nilai outcome, peningkatan tumbuh kembang PAUD sebesar 12,66% dari total nilai outcome, dan para lansia merasa lebih bugar dan sehat sebesar 5,73% dari total nilai outcome. Bila ditinjau dari sisi sosial ekonomi, maka program Posdaya Baramulyo dapat dikatakan layak dan berhasil.

scholarly journals Adding value to the use of Health Impact Assessment and social return on investment technologies

2020 ◽  
Vol 30 (Supplement_5) ◽  
Author(s):  
L Green ◽  
K Ashton ◽  
M Dyakova ◽  
L Parry-Williams
Keyword(s):  
Impact Assessment ◽  
Return On Investment ◽  
Health Impact Assessment ◽  
Grey Literature ◽  
Health Impact ◽  
Social Value ◽  
Decision Makers ◽  
Structured Interviews ◽  
Social Return On Investment ◽  
The Impact

Abstract Health Impact Assessment (HIA) and Social Return on Investment (SROI) are beneficial public health methodologies that assess potential effects on health including social, economic and environmental factors and have synergies in their approaches. This paper explores how HIA and SROI can complement each other to capture and account for the impact and social value of an assessed intervention or policy. A scoping review of academic and grey literature was undertaken to identify case studies published between January 1996 and April 2019 where HIA and SROI methods have been used to complement each other. Semi-structured interviews were carried out with nine international experts from a range of regulatory/legislative contexts to gain a better understanding of past experiences and expertise of both HIA and SROI. A thematic analysis was undertaken on the data collected. The review identified two published reports which outline when HIA and SROI have both been used to assess the same intervention. Interview results suggest that both methods have strengths as standalone processes i.e. HIAs are well-structured in their approach, assessing health in its broadest context and SROI can add value by monetizing social value as well as capturing social/environmental impact. Similarities of the two methods were identified i.e. a strong emphasis on stakeholder engagement and common shared principles. When questioned how the two methods could complement each other in practice, the results indicate the benefits of using HIA to explore initial impact, and as a platform on which to build SROI to monetarize social value. HIA and SROI methodologies have cross-over. The research suggests potential benefits when used in tandem or combining the methods to assess impact and account for health and social value. Innovative work is now being carried out in Wales to understand the implications of this in practice and to understand how the results of the two methods could be used by decision-makers. Key messages HIA and SROI methods can be used in tandem to capture both the health impact and social value of policies and proposed interventions. HIA and SROI when used together can provide valuable information to inform decision makers around the health impact and social value of proposed policies and interventions.

scholarly journals Capturing the social value of buildings: The promise of Social Return on Investment (SROI)

2016 ◽  
Vol 103 ◽  
pp. 289-301 ◽  
Author(s):  
Kelly J. Watson ◽  
James Evans ◽  
Andrew Karvonen ◽  
Tim Whitley
Keyword(s):  
Return On Investment ◽  
Social Value ◽  
Social Return On Investment ◽  
The Social

scholarly journals The social and economic benefit of health literacy interventions in the WHO EURO region

2019 ◽  
Vol 29 (Supplement_4) ◽  
Author(s):  
A Stielke ◽  
M Dyakova ◽  
K Ashton ◽  
T van Dam
Keyword(s):  
Health Promotion ◽  
Cost Effectiveness ◽  
Health Literacy ◽  
Health Systems ◽  
Return On Investment ◽  
Grey Literature ◽  
Literacy Interventions ◽  
Social Return On Investment ◽  
Mesh Terms ◽  
The Social

Abstract Background Health literacy (HL) allows people to make informed decisions regarding their health, enabling them to understand health promotion activities and to self-manage their disease or complication without requiring support from healthcare services. HL has the potential to support sustainability in health systems by decreasing healthcare spendings stemming from lowered disease occurrence and progression, it can also impact on the rest of peoples’ lives and their surroundings by allowing them to be more independent. This study researched the evidence for return on investment and the social return on investment for health literacy interventions within the WHO EURO region. Methods A narrative literature review on published peer-reviewed reviews and grey literature was conducted by use of keywords and MeSH terms. Google, Google Scholar and PubMed were used find literature. The search on PubMed was restricted to reviews, published within the last 10 years (2009-2019), in English. Results In total, 450 publications were screened 12 publications that analysed the economic or social aspect of HL interventions were identified. Five discussed the cost-effectiveness of health literacy, three the return on investment (ROI) and the remaining three the social return on investment (SROI) of HL. Types of HL interventions ranged from health promotion campaigns, web-based HL programs, prevention systems to education-based interventions. Cost-effectiveness differed between studies and fields. Evidence for ROI was found, the return ratios ranged from 0.62 to 27.4. Findings show SROI between 4.41 and 7.25, indicating additional value of social benefit next to improved health. Conclusions A link between cost-effectiveness and HL interventions was established and ROI and SROI showed positive ratios. Further research is required in order to investigate whether HL interventions consistently achieve a positive returns. Key messages A link between health literacy interventions and positive investment returns has been established. Health literacy interventions show potential for sustainable development of health systems.

scholarly journals Evaluating Innovation in European Rural Development Programmes: Application of the Social Return on Investment (SROI) Method

2020 ◽  
Vol 12 (7) ◽  
pp. 2657 ◽  
Author(s):  
Paul Courtney ◽  
John Powell
Keyword(s):  
Rural Development ◽  
Social Relations ◽  
Return On Investment ◽  
Social Innovation ◽  
Primary Data ◽  
Public Intervention ◽  
Rural Development Programme ◽  
Social Return On Investment ◽  
The Social ◽  
Innovation Outcomes

The quest for innovation lies at the heart of European rural development policy and is integral to the Europe 2020 strategy. While social innovation has become a cornerstone of increased competitiveness and the rural situation legitimizes public intervention to encourage innovation, the challenges of its effective evaluation are compounded by the higher ‘failure’ rate implied by many traditional performance measures. Social Return on Investment (SROI) is employed to assess the social innovation outcomes arising from implementation of Axes 1 and 3 of the 2007-13 Rural Development Programme for England (RDPE). Analysis of primary data gathered through structured face-to-face interviews from a weighted sample of 196 beneficiaries reveal that social innovation outcomes generate a total of £170.02 million of benefits from Axis 1 support measures, compared to £238.1 million of benefits generated from innovation outcomes from Axis 3 measures. Benefits are generated through four social innovation outcome categories: individual, operational, relational, and system; and range from changes in attitudes and behaviour to institutional change and new ways of structuring social relations. The paper calls for more comprehensive evaluation approaches that can capture, and value, the multiple benefits arising from social innovation, and further bespoke applications of SROI to help develop and legitimise innovation indicators that will enable stronger linkages back into the policy process.

scholarly journals The Social Value Act 2012: current state of practice in the social housing sector

2018 ◽  
Vol 16 (3) ◽  
pp. 253-268
Author(s):  
Alex Opoku ◽  
Peter Guthrie
Keyword(s):  
Social Housing ◽  
Quantitative Research ◽  
Antisocial Behaviour ◽  
Social Value ◽  
Added Value ◽  
Housing Sector ◽  
Content Type ◽  
The Social ◽  
The Impact ◽  
Current Practices

Purpose The social housing sector is under increasing pressure to do more with less and provide value for money as part of the UK Government’s public debt reduction strategy. This study aims to explore the current practices towards unlocking social value in the housing sector through the adoption of the Social Value Act 2012. The Social Value Act seeks to ensure that public sector procurement deliver added value in terms of social, economic and environmental outcomes. Design/methodology/approach The study adopts quantitative research methodology through a survey with 100 housing professionals charged with the delivery of social value outcomes in the social housing sector in England. Findings The results of the study reveal that there is a low level of understanding of the Social Value Act 2012 among the professionals in the social housing sector. Once again, most organisations in the social housing sector do not have social value strategies or policies and rarely consider social value outcomes during procurement. However, employment skills and training and crime and antisocial behaviour reduction are the most social value priority outcomes/needs identified with organisations currently promoting social value in the social housing sector. Social implications The issue of social value has importance towards the wider society, and the study provides an insight into current practices towards the realisation of social value outcomes in the housing sector. Originality/value The Social Value Act 2012 came into force in January 2013, and little has been written on the impact of the Act on the social housing sector in England. This study identifies current practices in the social housing sector towards the delivery of social value outcomes in the day-to-day business operations.

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