The Principles of Social Value provide the basic building blocks for anyone who wants to make decisions that take a wider definition of value into account, in order to increase equality, improve wellbeing and increase environmental sustainability.
Download the Principles document to find out more.
Author: Social Value International
Date: October 2021
There is plenty of research which argues that, overall, education leads to better outcomes for individuals and society. However, accounting for the specific social, economic and environmental outcomes from an investment in education remains a challenge, not only for governments, but also for any organisation which runs or invests in education programmes or initiatives. Without this information, it is difficult to make choices between different ways in which these outcomes can be achieved, and how best to design and deliver education activities.The objective of this paper is to review some of the available research and provide guidance on how it can be used.
Perhaps the most controversial aspect of valuation is the attempt to ascribe a financial value to a human life. Understandably, for ethical, religious or philosophical reasons, many people oppose the valuation of something commonly perceived as priceless, and argue that no monetary figure could possibly compensate entirely for the loss of a life.
Despite the reluctance of some, determining the value of a life is necessary for policy makers and those involved in health and safety. As resources are finite and not every premature death can be realistically avoided, decisions in improving public health through medical procedures or safety regulations are being made. Without this information it may be difficult to target spending and resources effectively.
This document first appeared as a blog on the Global Value Exchange.
Are the basic accounting principles that have developed over hundreds of years still fit for purpose? Jeremy Nicholls of the Social Value International and Social Value UK argues that they could be reshaped to be more relevant to the global economy. Accounting for value is a discussion piece.
This standard accompanies “A Guide to Social Return on Investment (2012) and focuses on Principle 2. Within the context of all of the Principles of Social Value, “understand what changes” is pivotal. It is so closely intertwined with many of the other principles that it is essential it is applied well. The aim of the standard is to help you know how to collect the information you need about ‘changes’ and how to analyse this information in order to produce a set of well-defined outcomes. This standard is essential for anyone looking to maximise value and increase well-being, equality, and environmental stability.
Examples of how individual members have become Accredited Practitioners and why this was useful to them and their work.
Please note that this document was first published in 2016. Current guidance and standards for the Principles of Social Value can be found here.
The Seven Principles of Social Value are a principle-based framework for accounting for, measuring and managing social value. The Principles were originally developed in 2009 and were updated in 2015 following the merger of the SROI Network and the Social Impact Analysts Association to form Social Value UK and Social Value International. This report explains the thinking that underpins these Principles.
This report explores different perspectives on the challenge of aggregating, or summarising, impact data. For any organisation that manages impact across multiple projects or investees, the question of how to assess wider impact without losing the granularity and usefulness of impact data to improve impact is a consistent one. This report hears from contributors across sectors and levels of organisation to hear their solutions and thoughts on this prescient issue.
This Review is a summary of some useful reports, case studies and documents relating to a range of valuation approaches, with a focus on the private sector.
Author: Social Value UK
Date: 12.16.2015
