The SROI Network & HACT release joint linkages paper
The SROI Network (soon to be Social Value UK) and HACT are very pleased to publish a ‘linkages paper’ that sets out the relationship between Social Return on Investment (SROI) and HACT’s Social Value Bank (and accompanying tools the Value Calculator and Value Insight).
HACT is a social enterprise-based ideas and innovation agency for the UK housing sector. In 2014 HACT launched the Social Value Bank – the largest set of methodologically consistent social value metrics ever produced including 636 wellbeing valuations. HACT have developed the Social Value Bank in partnership with SImetrica, a research consultancy led by Daniel Fujiwara, an economist specialising in policy evaluation and social impact measurement.
This paper has been produced in collaboration between The SROI Network and HACT and aims to clarify some small areas of divergence and promote the strengths of HACT’s resources and their compatibility with the SROI approach to measuring and managing social value.
CEO of the SROI Network Jeremy Nicholls said: “I’m delighted we have been able to produce this linkages paper together. It is an important document that will help people to understand how HACT’s fantastic resources can be aligned with the principles of SROI.
HACT’s resources will help organisations use valuations (of social outcomes) to make decisions about resource allocation. This is a big step forward.”
Click here to download the document. We hope you find it useful. Please do not hesitate to get in touch with Ben (firstname.lastname@example.org) if you have any further questions or if you have some examples of how you have integrated SROI principles and HACT’s resources into your impact measurement strategy.