scholarly journals The health and social impact of Blood Donors Associations: A Social Return on Investment (SROI) analysis

2019 ◽  
Vol 73 ◽  
pp. 204-213 ◽  
Author(s):  
Elisa Ricciuti ◽  
Maria Vittoria Bufali
Keyword(s):  
Return On Investment ◽  
Social Impact ◽  
Blood Donors ◽  
Social Return On Investment

scholarly journals Oddziaływanie społeczne przedsiębiorstw społecznych w teorii i praktyce

2021 ◽  
Author(s):  
Izabela Grabowska
Keyword(s):  
Social Services ◽  
Balanced Scorecard ◽  
Return On Investment ◽  
Social Impact ◽  
Social Enterprises ◽  
Economic Perspective ◽  
The Public ◽  
Change Measurement ◽  
Social Return On Investment

The publication is devoted to issues related to the development of tools for measuring social impact generated by social enterprises. A valuable aspect of the monograph is the inclusion of case studies of selected tools (such as social return on investment, local multiplier, balanced scorecard) in partnership with social enterprises. The authors pay special attention to solutions enabling the operationalization of social change measurement, taking into account not only financial but, above all, non-financial aspects. They believe that the measurement of impact should take into account not only the economic perspective, but also the public and social one, where values other than material profit also count. The tools should indicate the responsibility of entities towards various types of stakeholders and serve to increase the quality of social services by providing valuable information to individual organizations.

Social impact assessment, social return on investment and networks & certifications 1

2020 ◽  
pp. 94-127
Author(s):  
Willy Legrand ◽  
Miguel Angel Gardetti ◽  
Robert Schønrock Nielsen ◽  
Colin Johnson ◽  
Mehmet Ergul
Keyword(s):  
Impact Assessment ◽  
Return On Investment ◽  
Social Impact ◽  
Social Impact Assessment ◽  
Social Return On Investment

scholarly journals Meso level Social Impact: Meaningful Indicators of Community Contribution

2012 ◽  
Vol 4 (3) ◽  
pp. 18-37 ◽  
Author(s):  
Melissa Edwards ◽  
Jenny Onyx ◽  
Hazel Maxwell ◽  
Simon Darcy
Keyword(s):  
Return On Investment ◽  
Social Impact ◽  
Third Sector ◽  
Key Factors ◽  
Meso Level ◽  
Social Return On Investment ◽  
Third Sector Organisations ◽  
Community Contribution ◽  
Specific Outcome ◽  
Societal Impacts

Social impact measures are not widely agreed, nor implemented by third sector organisations. Meso level indicators of social impact are underdeveloped. Financialised methods such as Social Return on Investment can only account for direct outcomes of defined programs and activities. The broader societal impacts of any such activities are undervalued. This paper outlines the findings of a grounded theoretical approach to determining measures of social impact within a large Australian iconic third sector organisation. Several key factors revealed in this study are discussed in regards to their potential for attributing social impact to organisational activities outside of a program specific outcome. Based on these findings the paper concludes that the development of a tool to measure meso level organisational social impact of third sector organisations may be attainable.

scholarly journals Using social return on investment analysis to calculate the social impact of modified vehicles for people with disability

2020 ◽  
Vol 67 (3) ◽  
pp. 250-259
Author(s):  
Claire Hutchinson ◽  
Angela Berndt ◽  
Jenny Cleland ◽  
Susan Gilbert‐Hunt ◽  
Stacey George ◽  
...  
Keyword(s):  
Return On Investment ◽  
Social Impact ◽  
Investment Analysis ◽  
Social Return On Investment ◽  
The Social ◽  
People With Disability

scholarly journals SOCIAL RETURN ON INVESTMENT FOR COMMUNITY-BASED ENTERPRISE IN SURABAYA CITY

2017 ◽  
Vol 51 (01n02) ◽  
pp. 93-114 ◽  
Author(s):  
ALUISIUS HERY PRATONO ◽  
SUYANTO ◽  
DEDDY MARCIANO ◽  
CHRISTIAN ZURBRÜGG
Keyword(s):  
Return On Investment ◽  
Social Impact ◽  
Impact Analysis ◽  
Financial Analysis ◽  
Group Discussions ◽  
Community Based ◽  
Social Return On Investment ◽  
The Social ◽  
Grass Root ◽  
Technical Challenges

This study aims to examine the social impact of a community-based enterprise model in Surabaya City. The analysis focuses on grass-root communities and highlights some technical challenges in order to develop a meta-theory with the intention of examining the underlying assumptions of the social return on investment. The social impact analysis is based on a social return on investment (SROI) approach, which involves community participation through focus group discussions. To avoid complexity, this study focuses on one year’s activities, which attributed monetary values to the social impact. It is argued in this study that the green and clean activities provide a return of 1.23 on the investment. This result demonstrates how the community-based social enterprise is feasible in achieving appropriate support. First, this study focuses on the community perspective during the observed time. The communities may experience different levels of capability and resources that contribute to the achievement of the programme. Secondly, there is a lack of literature that could provide financial analysis and there is no common accepted method for measuring the value of the social benefits. Beyond the SROI computation, this study highlights some technical challenges and misconceptions involved in measuring the social return on investment (SROI). Although there is considerable information available about the conceptual framework of SROI, there is great variability in how SROI is applied across interventions. This makes robust and consistent comparisons across social ventures difficult, while rendering the validity of SROI measures vulnerable to being contested.

scholarly journals KAJIAN EFEKTIVITAS PROGRAM CORPORATE SOCIAL RESPONSIBILITY (CSR): STUDI KASUS PERUSAHAAN PEMBANGKIT ENERGI “Y”

2021 ◽  
Vol 16 (1) ◽  
pp. 29-41
Author(s):  
Kirana Rukmayuninda Ririh ◽  
Adityo Wicaksono ◽  
Mahardhika Berliandaldo ◽  
Firman Tri Ajie
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Return On Investment ◽  
Social Impact ◽  
Program Effectiveness ◽  
Non Profit ◽  
Energy Company ◽  
Social Return On Investment ◽  
Corporate Social

Perusahaan pembangkit energi dikenal dengan operasi bisnisnya yang menimbulkan dampak negatif sosial dan lingkungan yang cukup massif. Oleh karena itu perusahaan perlu melaksanakan tindakan mitigasi untuk mereduksi dampak negatif tersebut melalui program CSR. Efektivitas program CSR penting dievaluasi untuk mengetahui apakah dapat menghadirkan dampak sosial-lingkungan positif secara signifikan atau tidak. Salah satu metode evaluasi dampak yang populer digunakan oleh lembaga non-profit di berbagai negara adalah metode Social Return on Investment (SROI). Namun masih sedikit penelitian empiris yang dilakukan untuk memberikan bukti implementasi metode ini dalam konteks evaluasi program CSR. Untuk itu, penelitian ini bertujuan untuk mengisi kesenjangan yang ada dengan memberikan bukti empiris implementatif dan modifikasi kecil pada metode SROI untuk evaluasi CSR. Lebih lanjut penelitian ini juga memberikan kontribusi praktikal dengan menyediakan gambaran bagi perusahaan pembangkit energi untuk dapat mengukur efektivitas program CSR menggunakan metode SROI. Hasil pengukuran dapat menjadi dasar optimasi program CSR perusahaan. Dalam studi kasus Perusahaan Pembangkit Energi “Y”, hasil perhitungan SROI menunjukkan bahwa program CSR yang dilakukan “cukup efektif” dengan total dampak positif yang ditimbulkan sebesar Rp. 2,69 untuk tiap rupiah yang diinvestasikan. Namun, Perusahaan “Y” cenderung banyak melakukan aktivitas yang berdampak sosial dan minim aktivitas yang berdampak positif terhadap lingkungan.Abstrak[A Study of Corporate Social Responsibility (CSR) Program Effectiveness: A Case Study in Energy Company “Y”]  Energy companies are known for their massive impacts on the social and environmental condition. Hence, they must conduct mitigation actions for reducing the negative impacts through CSR programs. A continuous evaluation of CSR programs effectiveness is crucial to understand whether they can bring significant social-environmental returns or not. One of the most popular methods of impact evaluation utilized by non-profit organizations is Social Return on Investment (SROI). However, only a few empirical research provides evidence for the implementation of this method in the context of CSR program evaluation. Therefore, this research aims to address this hiatus by giving empirical evidence on SROI implementation and incremental modification for CSR evaluation. Furthermore, this research also provides practical contributions by depicting how an energy company can measure its CSR program utilizing SROI. The measurement result can be used as guidance for optimizing the company’s CSR program. In our case study of Power Generator Company “Y”, the SROI calculation shows that the CSR program is “effective” with a total return Rp 2.69 for each rupiah invested. However, Company “Y” tend to conduct more activities for social return, rather than activities for environmental return.Keywords: Corporate Social Responsibility; Environmental Impact; Effectiveness; Social Impact; SROI

Accounting for social return on investment (SROI)

2019 ◽  
Vol 15 (1) ◽  
pp. 46-75 ◽  
Author(s):  
Marco Bellucci ◽  
Carmela Nitti ◽  
Serena Franchi ◽  
Enrico Testi ◽  
Luca Bagnoli
Keyword(s):  
Health Care ◽  
Return On Investment ◽  
Social Impact ◽  
Social Enterprises ◽  
Content Type ◽  
Non Profit ◽  
Social Return On Investment ◽  
The Social ◽  
Definition Of

PurposeThis study aims to assess the effectiveness of social return on investment (SROI) as a measure of the social impact produced by non-profit organisations and social enterprises that support family-centred care, an approach that focuses on the pivotal role of families in paediatric health care.Design/methodology/approachThe study offers an analytical evaluation of the SROI created by the Italian branch of the Ronald McDonald House Charities and highlights (a) the participatory analysis of stakeholders and outcomes; (b) the measurement of inputs; (c) the definition of outputs and proxies for the measurement of outcomes; (d) the calculation of the SROI ratio; and (e) the results of a sensitivity analysis.FindingsThis study discusses the advantages and shortcomings of SROI analyses, the practical implications of this research on governance and management and the role of engagement in managing the expectations of stakeholders. The value of SROI measurements in shaping strategic and management decisions – with special emphasis on stakeholder relations – is also discussed.Originality/valueNon-profit organisations and social enterprises often require tools that assess the outcomes of their activities. The present research can provide new guidance to SROI analysts, while drawing attention to the most suitable proxies and indicators for evaluating the SROI of organisations operating in the health care sector.

scholarly journals Analysis of Social Return On Investment (SROI) To Measure The Social, Environment, And Economics Impact On The National Fattening Sheep Program (Studi At Pesantren Al-Ittifaq)

2019 ◽  
Vol 2 (2) ◽  
pp. 33-42
Author(s):  
Khairunnisa Khairunnisa ◽  
Ayu Bianti Pribadi ◽  
Fajar Sidiq Adi Prabowo
Keyword(s):  
Return On Investment ◽  
Social Impact ◽  
Social Innovation ◽  
Social Problem Solving ◽  
Social Entrepreneur ◽  
Social Return On Investment ◽  
The Social ◽  
Management Guidance ◽  
Small Medium Enterprises ◽  
Medium Enterprises

PT Sarana Jabar Venture (SJV) is the first regional venture capital company in Indonesia, which was established with the aim to foster small entrepreneurs through financing and management guidance. The financing of cooperation implemented on the basis of the principle of mutual strengthening, mutual need and mutual benefit. In addition to financing for small medium enterprises, SJV currently is running a program that is carried by the Medco Foundation IE is a Program of the national Sheep Fattening (Prodombas) and empower the Pesantren to carry the people's economy, one of which is Pesantren Al-Ittifaq. PT Sarana Jabar Ventura viewed from its objective, may be classified as Social Entrepreneur that describes all the economic program that serves the social and mission or mission environment and invested most of the anniversary surplusnya in support of its mission, provide social innovation how to solve social problems by creating breakthrough social problem solving with the advent of Prodombas. So, produce an effect known as social impact as the effects of what organizations are doing or action against social welfare organization. One of the tools for measuring the social impact is by using Social Return on Investment (SROI) the New Economics Foundation (NEF, 2008). This research has the end result of the ratio between the number of comparisons with a benefit that is formed with a given amount of investment, with the result that means 1.05:1 each Rp. 1 invested, yielding the value of social benefits in the form of Rp. 1.05 felt by program participants in Pesantren Al-ittifaq. Because the ratio of 1:1 which is the conditions exceeds successful SROI, then PT Sarana Jabar Ventura as an investor has successfully acted as agents of social reformers because it has given the social impact that bring benefit for participants in Pesantren Al-Ittifaq.

scholarly journals Utilising the Social Return on Investment (SROI) Framework to Gauge Social Value in the Fast Forward Program

2019 ◽  
Vol 9 (4) ◽  
pp. 290 ◽  
Author(s):  
Ravulo ◽  
Said ◽  
Micsko ◽  
Purchase
Keyword(s):  
Higher Education ◽  
High School Students ◽  
Return On Investment ◽  
Social Impact ◽  
School Students ◽  
Social Barriers ◽  
Knowledge Based ◽  
Social Return On Investment ◽  
Knowledge Based Economy ◽  
The Social

A market paradigm shift towards a ‘knowledge-based economy’ means Australia is moving towards a major skills crisis whereby the workface will lack skills attainable from higher education. Moreover, those from low socio-economic backgrounds, and who are confronted with disadvantage, still face challenges in gaining entry to university. The Fast Forward Program (FFP) aims to increase attainment of higher education for X high school students in years 9–12, with a focus on dismantling the social barriers preventing attainment. To achieve this aim, the program hosts a range of student and parent in-school workshops and on-campus visits. To capture the social impact of the program for all participants, the social return on investment (SROI) methodology was implemented. The SROI ratio is represented as a return in dollar value for every dollar invested; due to the success of the program, the investment represented $5.73 for every $1 spent. The key findings indicated that students and parents gained a deeper familiarity and understanding of university which, in turn, created a deeper confidence and motivation for students to enter higher education. Additionally, participants reported being able to better use their time to cater for study, and were more comfortable about going onto a university campus.

scholarly journals Ambiguity in the Attribution of Social Impact: A Study of the Difficulties of Calculating Filter Coefficients in the SROI Method

2019 ◽  
Vol 11 (2) ◽  
pp. 386 ◽  
Author(s):  
Marta Solórzano-García ◽  
Julio Navío-Marco ◽  
Luis Ruiz-Gómez
Keyword(s):  
Comparative Study ◽  
Return On Investment ◽  
Social Impact ◽  
The Real ◽  
Social Return On Investment

In order to analyse, manage, and compare social projects we need, among other things, to be able to measure their impact. One of the methodologies currently used to measure and manage social impact is Social Return on Investment (SROI). However, not all the results calculated by the SROI method are directly attributable to the project, and, therefore, to determine the real impact it is necessary to filter out the changes that the project has not produced. Filter coefficients perform this function. However, the theoretical logic on which the chain is constructed that converts the outputs into impacts is ambiguous. In this study, we will analyse twenty-five real cases where SROI was used to measure social projects. We will identify the difficulties of isolating and measuring impacts by performing a comparative study of the procedures that entities develop to calculate the filters. This allows us to calculate the impacts from the outputs. We will then propose the improvements needed to overcome these shortcomings.

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