Social Investment - Social Impact
Measuring social impact is an increasingly important aspect of social investment. In addition to the Scottish 10 year Social Enterprise Strategy mentioning community reinvestment models, it also includes an intention to develop a 'flexible and holistic' Scottish model of impact measurement. In the meantime this article outlines very simply how and what organisations can measure in order to evidence the positive impact that they are making.
Taking the four key objectives of Community Value; Social Benefit; Environmental Benefit and Financial Sustainability, it outlines very modest examples of the type of outcomes that organisations can use to demonstrate impact on the ground.
Unity Trust is a provider of social investment, so the examples also act as an indicator of the type of impact that organisations should be collating prior to seeking social investment...Read More