What are the benefits of SROI?

What are the benefits of SROI?

SROI, or Social Return on Investment, helps organizations measure the social, environmental, and economic value they create. It provides a framework for understanding the impact of investments beyond just financial returns.

Can you give me some specific examples of SROI benefits?

Sure! Some benefits include improved decision-making, enhanced stakeholder engagement, and the ability to attract funding by demonstrating social impact.

How does SROI differ from traditional ROI?

While traditional ROI focuses solely on financial returns, SROI incorporates social and environmental outcomes, providing a more holistic view of value.

Is SROI applicable to all types of organizations?

Yes, SROI can be applied to non-profits, social enterprises, and even for-profit companies looking to measure their social impact.

What tools can I use to calculate SROI?

There are several tools available, such as the SROI Network's guide, online calculators, and software like Social Value UK that can help you calculate SROI.