Value of Impact Framework and Assessment Objectives · 2020. 12. 10. · Objectives The Impact...
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The Shujog Impact Framework and Assessment provides Social Enterprises (SEs) with detailed tools to measure and report their social and environmental impact. It first creates an impact framework that builds organizational and financial accountability to attract investment capital and provides industry and sector benchmarks against which the SE can showcase its performance. The subsequent impact assessment provides future impact milestone verification, measurement, and analysis of the data collected and impact realized. Objectives The Impact Assessment creates an accredited Impact Framework and Assessment tool to: Project and verify the SE’s impact Showcase SE performance to investors, carbon partners, and other stakeholders Safeguard the SE’s social and/or environmental mission Establish the SE under consideration as a gold standard SE in the impact investment community in Asia Pacific and globally Value of Impact Framework and Assessment Provides Impact Metrics Acts as a standardized and sound measure of social and/or environmental impact Communicates impact to external stakeholders and potential investors in a tangible way Strengthens Capital Raising Enables the SE to strengthen its capital raising efforts from Impact Investors and Social Venture Funds who value social and/or environmental returns alongside profits. Underpins Marketing Increases credibility of the social and/or environmental claims of the SE through the thirdparty evaluation performed by Shujog Positions the SE as a leader in its sector for having a transparent business model Certifies Social Enterprise Mark Determines the SE’s impact assessment score and its eligibility to receive the Shujog Mark™, Shujog’s certification program for gold standard SEs. Process & Outcomes The Impact Framework and Assessment that Shujog performs for SEs achieves the following outcomes in three various phases of the process: Contextualization of the SE’s nature of work A framework of social and/or environmental impact metrics needed for data collection A set of projections and targets of Impact based on SE’s financial and business plan Phase II: Impact Assessment Phase III: Monitoring Phase I: Impact Framework Impact metrics data A verified Impact Assessment report with SROI calculations Key performance indicators (KPIs) for monitoring Performance analysis against competitive benchmarks and the Shujog Mark™ Score A review of existing and potential initiatives Regular monitoring and verification of impact A gaps analysis between realized and target impact of the SE and recommendations on how to close the identified gaps
Transcript of Value of Impact Framework and Assessment Objectives · 2020. 12. 10. · Objectives The Impact...
The Shujog Impact Framework and Assessment provides Social Enterprises (SEs) with detailed tools to measure and report their social and environmental impact. It first creates an impact framework that builds organizational and financial accountability to attract investment capital and provides industry and sector benchmarks against which the SE can showcase its performance. The subsequent impact assessment provides future impact milestone verification, measurement, and analysis of the data collected and impact realized.
Objectives The Impact Assessment creates an accredited Impact Framework and Assessment tool to:
Project and verify the SE’s impact Showcase SE performance to investors,
carbon partners, and other stakeholders Safeguard the SE’s social and/or
environmental mission Establish the SE under consideration as a
gold standard SE in the impact investment community in Asia Pacific and globally
Value of Impact Framework and Assessment Provides Impact Metrics
Acts as a standardized and sound measure of social and/or environmental impact
Communicates impact to external stakeholders and potential investors in a tangible way
Strengthens Capital Raising Enables the SE to strengthen its capital raising
efforts from Impact Investors and Social Venture Funds who value social and/or environmental returns alongside profits.
Underpins Marketing Increases credibility of the social and/or
environmental claims of the SE through the third-‐party evaluation performed by Shujog
Positions the SE as a leader in its sector for having a transparent business model
Certifies Social Enterprise Mark Determines the SE’s impact assessment score
and its eligibility to receive the Shujog Mark™, Shujog’s certification program for gold standard SEs. Process & Outcomes
The Impact Framework and Assessment that Shujog performs for SEs achieves the following outcomes in three various phases of the process:
Contextualization of the SE’s nature of work
A framework of social and/or environmental impact metrics needed for data collection
A set of projections and targets of Impact based on SE’s financial and business plan
Phase II: Impact Assessment
Phase III: Monitoring
Phase I: Impact Framework
Impact metrics data A verified Impact
Assessment report with SROI calculations
Key performance indicators (KPIs) for monitoring
Performance analysis against competitive benchmarks and the Shujog Mark™ Score
A review of existing and potential initiatives
Regular monitoring and verification of impact
A gaps analysis between realized and target impact of the SE and recommendations on how to close the identified gaps
Shujog employs its Sustainability Pyramid in the Impact Framework and Assessment to effectively analyze and report the social and/or environmental impact of SEs along with financial performance. The methodology quantifies the impact using the social return on investment (SROI) tool and provides a qualitative contextualization of the impact through a thorough evaluation of the following:
Impact Value Chain
Financial Viability
Social Impact
Environmental Impact
Sustainable Impact
Mission
Time Re
ach
Intention
Input Activities Output
Outcome
Micro-‐Impact
Macro-‐Impact
Efficiency
Effectiveness
Social Enterprise
Sector Country Growth
Innovation & Development
Legitimacy & Policy
Entrepreneur
Enterprise
Context
Beneficiaries (Suppliers, Employees, Customers) Impact Investors Environment
Society
Shujog leverages international standards to assess the Impact value chain of the Social Enterprise (SE) by looking at the efficiency with which the SE delivers its outputs, as well as the effectiveness of its mission realization.
Methodology
Social and/or environmental goals and objectives
Inputs Activities Outputs Outcomes
Efficiency
Effectiveness
Mission
Cost of products and services
Products and/or services, projects, and processes to fulfill mission
Measurable results – sales, clients reached, jobs created, etc.
Change in the community – improved health, literacy rate, etc.
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SE’s mission, goals, and objectives Targeted underserved group/s Financial self-‐sufficiency Growth prospects
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Impact on human well-‐being and development Impact on the environment Mission realization SE reach and depth
The Shujog Sustainability Pyramid™
The Impact Value Chain
Contact us To learn more about how Shujog can measure and strengthen the impact of your SE, call us at +65 6221 7051 or send an email to Magnus Young at [email protected].
Impact Investment Shujog Limited (Shujog) 38 Carpenter St., #02-‐01 Hui Seng Building, Singapore 059917 [email protected] | www.shujog.org | twitter.com/shujog
