VoluntaryNews

The Office of the Third Sector is to bring together the public sector, independent investors and social enterprises to work on standardising and improving how social return on investment (SROI) is measured. Third Sector reports that three-year funding of around £350,000 will be used on events and research to develop “greater consensus and standardisation” in the measurement of social impact.

This should help charities and social enterprises prove their social value to potential public service or private investors. OTS news item on SROI.

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