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SOCIAL RETURN ON INVESTMENT TRAINING WORKSHOP MAY 1819, 2012 SIMMONS SCHOOL OF MANAGEMENT PRINCIPLED LEADERSHIP INITIATIVE Name Title Organization Home Address Daytime Phone Email Evening Phone Please
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Social Return on Investment (SROI) is a framework for measuring and analyzing the social, environmental, and economic value generated by an organization or project. It provides a way to quantify the social impact and return on investment that goes beyond traditional financial metrics.
The requirement to file social return on investment may vary depending on the jurisdiction and specific regulations. Generally, organizations and projects that aim to demonstrate their social impact and value are encouraged to voluntarily undertake SROI assessments. However, specific requirements for filing SROI reports may apply to certain sectors or for organizations receiving public funds.
Filling out a social return on investment involves several steps. These typically include identifying and engaging stakeholders, defining the objectives and scope of the analysis, gathering relevant data and evidence, conducting financial and social impact assessments, assigning monetary values to social outcomes, calculating the SROI ratio, and creating a report summarizing the findings. It is often recommended to use recognized SROI guidelines or consult with experienced practitioners to ensure accurate and reliable results.
The purpose of social return on investment is to provide a comprehensive and quantifiable assessment of the social, environmental, and economic value created by an organization or project. It allows stakeholders to understand and compare the social impact of different interventions, make informed decisions about resource allocation, attract investment and funding, and improve accountability and transparency.
The specific information that must be reported for social return on investment can vary based on the organization, project, and the intended audience of the report. Generally, SROI reports include information on the objectives and scope of the analysis, key stakeholders, data sources, social outcomes, financial inputs and outputs, valuation methodologies, SROI ratio, and a narrative explaining the findings and recommendations.
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