Social ROI network launched

Posted in News on the May 30th, 2008

A network has been launched today (May 30th) which will allow those working for social enterprises to calculate levels of return on investment, it has been revealed.

Unveiled by the New Economics Foundation, the social return on investment (SROI) network aims to help ethical investment consultants and researchers to share data with one another, Third Sector reports.

In addition, the scheme will look to provide accreditation for individual SROI practitioners.

Such an announcement may be of interest to those social enterprises wishing to maintain their sustainable efficiencies.

Eva Neitzert, researcher for the foundation, stated: "SROI enables positive social and environmental impacts to be counted alongside financial considerations.

"This robust triple-bottom-line approach to measurement ensures that we generate long-term, comprehensive and meaningful benefits for individuals and communities."

Earlier this year, it was revealed that the National Endowment for Science, Technology and the Arts is set to develop a social finance market to help improve ways in which sustainable equity funds can attract new investment opportunities

More about sustainable efficiencies.

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