At the point where financial accounting and social accounting start to merge, accountability makes social impact measurement inevitable.
By measuring the social impact of your business processes and the projects/programs you carry out, you can determine whether your investments create value.
The Social Return on Investment (SROI), a framework for measuring and accounting for the value created or destroyed as a result of our operations, takes the concept of value in a much broader way than can be captured at market prices.
By taking this broader value into account, SROI aims to reduce inequality and environmental degradation and improve well-being. Therefore, by measuring the effects of all organisations that take steps towards achieving the Sustainable Development Goals and contribute, it becomes possible to optimise their contributions, that is, the value they create.