social impact measurement framework


What are the dimensions of social impact measurement?

These methods have been developed in response to the changing needs for management information resulting from increased interest of corporations in socially responsible activities. The social impact measurement methods were found to differ on the following dimensions: purpose, time frame, orientation, length of time frame, perspective and approach.

What are social impact metrics?

In the last few years there has been an emergence of stan- dardized metrics to measure social impact, such as the Impact Reporting and Investment Standards (IRIS) and the Global Impact Investing Rating System (GIIRS). Many of these metrics center around the “output” level of the logic model framework.

What is the B impact assessment?

(Note: The B Impact Assessment is a free, confidential tool powered by the nonprofit B Lab. The B Impact Assess- ment enables organizations to assess how their company performs against dozens of best practices; compare its base- line impact against other businesses; and develop a roadmap of improvements to deepen impact.)

What is a social impact bond?

A Social Impact Bond is an impact investment based on an outcomes-contract with the public sector, where the gov- ernment commits to paying for improved social outcomes. Private investors provide the upfront capital to fund the social services, and may realize financial returns depending on the achievement of measured social outcomes.

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