Social Impact and SROI

Blurred rail-guard - Image Credit Free Range Stock - SplitshireIf your business has a purpose greater than profit, but you’re not sure on your impact, this one’s for you…

Social value looks at the social, economic and environmental impacts your business creates. This includes the social, economic, environmental and regeneration outcomes you achieve and the difference you make in the world. It’s what makes you a proud Social Enterprise.

We can help you with:

  • Developing your social value strategy and/or procurement frameworks to maximise your social impact
  • Creating processes and sharing knowledge so you can manage your impact to continually improve and generate more impact
  • The development of your data collection systems so you can report on your impact and social value
  • Identification of the financial proxies for Social Return on Investment calculations
  • Preparation of Social Return on Investment (SROI) reports and/or Social Impact Reports
  • Training and support for staff to implement social impact reporting
  • Continually improve your support and services by increasing the impact your services have and identify areas where you’re not performing so well so you can make changes

Key Benefits:

  • Staff are more motivated as they can be involved in community projects, initiatives and see that the business thinks about more than the share price or profits
  • Greater brand awareness with customers and the local community
  • Proof of your social, environmental and economic credentials
  • Ability to effectively tender for public sector service contracts
  • Showing you are ethical or socially orientated in how you operate

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Make An Impact provides a range of integrated and bespoke services focused around:

Removing the confusion around social impact measurement, reporting and management, as well as producing social impact and SROI reports
Developing impact led strategies to maximise your social impact
Developing products, services and sustainable sources of income to grow your organisation
Providing support and accountability to help you start, grow or scale your social enterprise