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Measuring social impact

Date post: 29-Nov-2014
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Measuring social impact
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SAJAD NAZARI SAJAD NAZARI
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Page 1: Measuring social impact

SAJAD NAZARISAJAD NAZARI

Page 2: Measuring social impact

To gain an understanding of the value of measuring an entity’s CSR activities’ social impact.

To understand the multiple benefit of learning how to measure social impact.

To examine the steps involved in measuring, quantifying and monetizing the impact for CSR activity’s stakeholders (investors, management team, employees, etc.)

Page 3: Measuring social impact

For all organizations, the question of the management of the organization depends upon the ability to measure performance and evaluate and then report on that performance. When we are considering CRS, this is equally true, although it becomes more difficult to evaluate and report on CSR performance.

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PERFORMANCE SOCIAL ACCOUNTING It should be clear that the determination

of performance is dependent upon the perspective from which that performance is being considered.

A good performance for one group of stakeholder might be considered by another group as bad performance.

Social accounting can be considered as an approach to reporting a company’s performance which stresses the identification/ reporting of socially responsible behaviors, the determination of those to whom the company is accountable for its social performance and the development of appropriate measures and techniques.

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1) The general lack of maturity in social program evaluation.

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2) The variety of purposes that organizations have for conducting these analyses.

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1) Clear picture measuring the organization’s work.

2) Organization’s impact to the society.

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3) Identifying the organization’s stand in the industry of social impacting projects.

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1. Define your Social Value Proposition (SVP)

2. Quantify your Social Value

3. Monetize Your Social Value

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An environmental audit is merely the investigation and recording of activities that the organization undertakes in order to develop an understanding on the impact of these activities.

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Cost-Effectiveness Analysis

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Thank You!


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