SROI stands for Social Return on Investment. It is a framework used to measure and quantify the social and environmental value created by an organization or project relative to the investment made. SROI goes beyond financial metrics and aims to assess the social, environmental, and economic outcomes and impacts generated by an initiative.
SROI involves identifying and valuing the social and environmental outcomes, as well as establishing the investment or resources required to achieve those outcomes. It provides a way to understand and communicate the social value generated by an organization or project, enabling stakeholders to make informed decisions and allocate resources more effectively.
The SROI framework typically involves stakeholder engagement, data collection, impact measurement, valuation, and calculation of the social return on investment. It helps organizations and investors to better understand the broader value they create beyond financial profits, and to prioritize investments that generate positive social and environmental impacts.
Betterise 