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Education
sciences
ArticleUtilising the Social Return on Investment (SRO)
Framework to Gauge Social Value in the Fast
Forward Program
Fiji Raoul 1, *, Shannon Said 1, Jim Mick 2 and Gaul Purchase
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What is social value and its?
Social value refers to the overall impact of an organization's activities on society, including economic, social, and environmental outcomes. It encompasses the benefits that help improve the well-being of individuals and communities.
Who is required to file social value and its?
Organizations that meet certain thresholds, such as government contractors and non-profit entities engaged in public services, are required to file social value assessments.
How to fill out social value and its?
To fill out social value assessments, organizations need to identify their key activities, measure their impacts on social outcomes, and report how they contribute to social objectives and community well-being.
What is the purpose of social value and its?
The purpose of social value assessments is to ensure that organizations are accountable for their social impacts, promote sustainability, and enhance community prosperity through responsible practices.
What information must be reported on social value and its?
Organizations must report on quantitative and qualitative data showing the social impact of their projects, stakeholder engagement results, and alignment with local community needs and goals.
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