Main Document 0.53 MB
Recent work commissioned by MLA has identified the need for an approach to economic impact valuation that can include measurement of social and environmental outcomes. A study undertaken for MLA in 2007/08 concluded that methodologies looking at return on investment (ROI), and in particular social return on investment (SROI) were best placed to reflect the depth and detail of the value being created by the sector. 3 SROI as an outcome measurement and performance management tool is becoming established as an approach that has the power to demonstrate the real impact of investment decisions. This is reflected by the increasing number of public and third sector organisations showing an interest in its use and development.
MLA aims to stimulate discussion and further the debate about SROIís relevance to the sector by commissioning nef consulting to prepare this report, and to provide material for a more indepth discussion at a seminar in June 2009.