The Social Impact Assessment (SIA) is a tool for analysing, measuring and communicating the social effects generated by a project, programme or organisation.

More and more foundations, funding bodies and impact investors require concrete evidence of the social results achieved. It is no longer sufficient to describe the activities carried out: the change generated must be demonstrated with indicators and data.

Ollum supports organisations, social enterprises and companies in carrying out the Social Impact Assessment (SIA). Among the methodologies applied we also use the SROI (Social Return on Investment), which makes it possible to estimate the economic value of the social benefit generated.

We support in particular:

• banking and corporate foundations
• social enterprises and social cooperatives
• NGOs and third sector organisations
• companies with social responsibility programmes
• entities and organisations managing impact funds

More and more foundations, funders and impact investors demand concrete evidence of the social results generated by the projects. However, many organisations face a common difficulty: it is unclear which methodology to use or how to transform social impact into measurable data.

Through methodologies such as the Social Impact Assessment (SIA) or the SROI (Social Return on Investment) you can structure this process and credibly demonstrate the value generated by your activities.

Carrying out a social impact assessment can therefore offer several advantages, including:

Strengthening credibility towards funders and foundations
Banking foundations, impact investors and funding bodies increasingly demand measurable evidence of the results achieved. A structured social impact assessment makes it possible to clearly demonstrate the value generated by projects.

Improving competitiveness in calls for tenders and funding applications
Many calls for proposals require the description and measurement of the social impact generated by initiatives. Having a social impact assessment increases the quality of applications and can be a distinctive element in project selection.

Quantifying the social return on investment (SROI)
Through the SROI (Social Return on Investment) it is also possible to estimate the economic value of the social benefits generated by a project, making the social return on investment clearer and facilitating communication to financiers and stakeholders.

The SROI (Social Return on Investment) is a methodology that complements the Social Impact Assessment (SIA), enabling translating social impacts into economic value. While the SIA measures and describes the changes generated, the SROI allows them to be quantified in monetary terms, making it easier to understand the value created.

This methodology is particularly useful when it is necessary demonstrate the social return of an investment to funders, foundations or impact investors, or when one wants to objectively compare the effectiveness of different projects.

Il nostro approccio segue le linee guida di Social Value International, standard di riferimento internazionale per l’applicazione della metodologia.