Measuring social impact | Good Finance

Measuring social impact

Measuring social impact

About social impact

Shared Lives

About social impact

Social impact is the effect on people and communities that happens as a result of an action or inaction, an activity, project, programme or policy. 

Good social impact evidence can help organisations to improve their services, compare achievements with similar organisations and communicate the difference they are making to be able to attract investment.

Evidencing your social impact will be of fundamental interest to social investors.

As well as ensuring that you are able to afford to repay the finance, they want to see what impact their investment will make. This is what differentiates social investors from mainstream investors like traditional banks.

Outcome Matrix

The outcomes matrix is a tool to help organisations to plan and measure their social impact. It includes outcomes and measures for nine outcome areas and 15 beneficiary groups. Browse and select relevant outcomes and measures from the nine outcome areas to create your own unique outcomes matrix.

More

Social impact guidance
Key ingredients a social investor will look for in a good impact plan
Resources & example reports
Resources to help you develop your impact measurement
Social impact advisors
Organisations who can help you measure your social impact

Why measure your impact?