Throughout people’s lives, different events occur which impact their overall wellbeing journey. At ImpactLab, we look at social value that can be linked to investment through understanding and quantifying:
- Positive change across a person’s lifetime
- Impact across multiple domains such as housing, safety and income
- Estimates of what we know can be improved over time
Our social value calculation enables impact creators and funders to understand how an intervention helps to change lives for the better. We combine the social value with cost information to calculate a programme’s SROI (Social Return on Investment)