- What is SROI?
- SROI Analysis
Accounting for Value
"The process of undertaking an SROI has helped us to understand the importance of stakeholder involvement and asking stakeholders about what has changed for them as a result of the support they received. This has helped us to gain a deeper understanding of the support provided by the service that we fund and the impact it has on the lives of the people they help." Holly Chilton, Hertfordshire County Council
"Social Return on Investment analysis provides concrete justification for industry partners and government funders who wish to support our organization's efforts to help women achieve economic security through recruitment, assessment, training, job placement and job retention support. It is tangible evidence of money well spent." - JudyLynn Archer, President & CEO, Women Building Futures
"The core business of Noaber is to create social return, through grants and social investments. Measuring impact accurately is therefore crucial to our success, and SROI enables us to assess all relevant aspects. We have integrated SROI in our business processes of screening, monitoring and evaluating projects … “ Noabar Foundation
"The SROI International Network offers those interested in advancing sound application of SROI a great platform to not only connect with others around the world, but to improve their own efforts to assess the true impact of their capital--whether philanthropic or market-rate. SROI International is the first place I turn to learn what's happening and how it relates to my work." Jed Emmerson, Chief Impact Strategist
We are a leading international social enterprise, owned by our members with the aim of changing the way society accounts for value.
SROI is a framework based on social generally accepted accounting principles (SGAAP) that can be used to help manage and understand the social, economic and environmental outcomes created by your activity or organisation.
"Social Return on Investment (SROI) aims to increase social equality, environmental sustainability and wellbeing. Our vision is for a world in which decisions take account of social and environmental returns as well as financial returns.
We believe that current approaches contribute to social inequality and environmental degradation. It will not be enough to create new approaches that sit alongside current practice. We need mainstream approaches to include a wider sense of value and to give a voice to those that are affected. For this to happen we need to show that value is missing from many or even most decisions about policy and practice. And that it is possible to show what is missing and value it, in a way that is clearly viable and reasonable.
This is what SROI does."
Read the entire SROI Vision statement here
Dowload the free SROI spreadsheet to help you identify social value here.
SROI will help you understand, manage and communicate the social value that your work creates in a clear and consistent way with customers, beneficiaries and funders.
It can help you manage risks and identify opportunities and raise finance.
It will throw up potential improvements to services, information systems and the way you govern you businesses.
All in order to increase the social value or impact of your work.
Whether you are a private enterprise, a social business, an investor or commissioning services, SROI will help you account for the wider impact of your work and allow you to make more informed decisions.
Because SROI is built on principles, it is very flexible. Different organisations create value in many different ways. A consistent approach to understanding and accounting for social value means that you can communicate clearly where and how you create value in a credible way.
Members of the SROI Network can be either individual members or organisational members.There are two levels of organisational membership depending on the level of turnover. In addition there are other benefits for members who have become accredited practitioners.
Membership for individuals starts from just £50. Find out about all the benefits of joining the Network on our member benefits page.