Social Return on Investment (SROI) is a framework for measuring and accounting for the social, environmental, and economic value generated by an organization’s activities. It extends traditional financial metrics by assigning monetary values to social and environmental outcomes, providing a comprehensive understanding of an organization’s impact.
The “Guide to Social Return on Investment,” updated in 2012 by Social Value UK, offers a structured approach for organizations aiming to measure and manage their social value. This guide outlines the principles and methodology of SROI, assisting organizations in capturing the full range of their impacts and making informed decisions to enhance their contributions to society.