Social Value UK

Document Keyword: social value

  • A Discussion Document on the Valuation of Social Outcomes

    A Discussion Document on the Valuation of Social Outcomes

    There is growing recognition and interest in the valuation of social outcomes, and Social Value International (SVI) and the World Business Council for Sustainable Development (WBCSD) convened a meeting of experts to further the debate. This document is the result of the result of the meeting in September 2015 that took place in the Bellagio Center on Lake Como in Italy, and was sponsored by the Rockefeller Foundation. The meeting brought together 22 individuals from a range of sectors and countries to discuss the variety of valuation techniques, their relationship to one another, and how they can be mapped and brought together with clearer guidance. This report is the result of the global meeting, and is designed to garner cross-sector discussion and alignment – with a particular focus on the assigning of monetary values to social outcomes. We hope you enjoy the document, that it adds to the ongoing debate and discussion around these important issues.
  • BeHealthy Charitable Programme funded by Mondelez International Foundation (CAF Russisa)

    BeHealthy Charitable Programme funded by Mondelez International Foundation (CAF Russisa)

    This report articulates the social impact of the BeHealthy Charitable Programme funded by Mondelez International Foundation which was carried by CAF Russia in 2014-2015 using Social Return on Investment (SROI) methodology.  It also provides conclusions and recommendations aimed at increasing social impact created by the Programme. This SROI analysis not only proved that the Programme aimed at teaching primary school children the basics of healthy nutrition and lifestyle was achieving the expected outcomes (increase in the children’s vitality and social development), it also had unexpected positive outcomes of increased children’s autonomy and self-esteem. Overall, the analysis showed that for every ruble invested, the BeHealthy programme produced up to 5 rubles in social value. In addition, the Programme produced considerable social value for the parents and teachers involved. SROI is a principles-based  impact measurement approach that looks at three types of value – economic, environmental and social and uses monetary units to convey value. This allows not only measuring the impact produced by a social intervention but also comparing it with the amount invested to produce an ROI ratio.

  • Making up users – An essay

    Making up users – An essay

    Within recent years, financial statement users have been accorded great significance by accounting standard-setters. In the United States, the conceptual framework maintains that a primary purpose of financial statements is to provide information useful to investors and creditors in making their economic decisions. Contemporary accounting textbooks unproblematically posit this purpose for accounting. Yet, this emphasis is quite recent and occurred despite limited knowledge about the information needs and decision processes of actual users of financial statements. This paper unpacks the taken-for-grantedness of the primacy of financial statement users in standard-setting and considers their use as a category to justify and denigrate particular accounting disclosures and practices. It traces how particular ideas about financial statement users and their connection to accounting standard setting have been constructed in various documents and reports including the conceptual framework and accounting standards.

  • Three Eyes on the Future – An essay

    Three Eyes on the Future – An essay

    The ICAS Sustainability Essay Competition, sponsored by Grant Thornton, attracted nearly 90 entries competing for a cash prize of £3,000. The overall winner was Dave Marshall of Newton St Margarets, Herefordshire, who argues that accountancy should escape from its Victorian viewpoint and embrace a sustainable future.