Recent advances in social impact measurement have gained significant traction in European higher education institutions. These institutions are increasingly recognizing the importance of quantifying and demonstrating their contributions to society beyond traditional academic metrics.

Key Developments

– Proliferation of Methodologies: There…Read More

Recent advances and challenges in social impact measurement

David Hoyos is a Full Professor in the Department of Quantitative Methods, Faculty of Economics and Business, University of the Basque Country (UPV/EHU). Since 2021 he is also director of EHUgune – Commitment and Social Impact of the UPV / EHU. He has a European PhD in Economics from the University of the Basque Country (UPV / EHU) and M.A. (econ) in Development Economics from the University of Manchester (UK). He has been a researcher hired between 2002 and 2010 and since 2010 he has been a professor of econometrics at the University of the Basque Country (UPV / EHU). He has also been a visiting researcher at Queen's University Belfast (UK) in 2009. He is an associate researcher at EKOPOL (Research Group on Ecological Economy and Political Ecology), BC3 (Basque Center on Climate Change) and HEGOA (Institute for Climate Change Studies). Development and International Cooperation). He is a collaborator and member of the Committee of Experts of the UNESCO Chair on sustainable development and environmental education of the UPV / EHU.

www.uik.eus

Corporate Social Responsibility (CSR) over time brings social impact and sustainable growth to organizations. Here is a research in which it is explained why: https://www.sciencedirect.com/science/article/pii/S0148296322005628

The 21st-century world is rife with inequality and global warming, and these handicaps demand an urgent search for alternative solutions. Social impact is one of them. It is a new way to comprehend the economy which overcomes traditional restraints and places the social and environmental dimensions at the same level as the financial sphere.
The…Read More

Organizations should be able to create economic value for their shareholders, but also environmental and social value for all their stakeholders. This is what professors Porter and Kramer stated in 2011 in their theory of the creation of shared value. Techniques to measure this value are needed if we are to account for it. Although it was an…Read More

https://www.sopact.com/guides/social-impact-metrics

Here we have a link to a guide for Social Impact Metrics that can be useful:

HOW CAN WE PUT INTO PRACTICE THIS RELATION BETWEEN SOCIAL IMPACT MEASUREMENTS AND REDUCING INEQUALITIES?

Let’s illustrate with an example:

A government implements a community development program in an urban area characterized by high levels of poverty and social exclusion. The program aims to reduce inequalities by improving access to education,…Read More

Social impact measurement models are closely related to efforts aimed at reducing inequalities because they provide frameworks for assessing the effectiveness of interventions and policies in addressing various forms of inequality, such as income inequality, gender inequality, racial and ethnic disparities, and disparities in access to education…Read More

HOW CAN WE PUT INTO PRACTICE THIS RELATION?

Here comes an example focusing on a program aimed at promoting women’s entrepreneurship in a developing country:

Scenario: A nonprofit organization implements a women’s entrepreneurship program in a rural community to empower women economically and reduce gender disparities in income and…Read More

Social impact measurement models play a crucial role in assessing and promoting gender equality by providing frameworks to evaluate the outcomes and impacts of interventions aimed at addressing gender disparities. Here’s how these models intersect with efforts to promote gender equality:

1. Theory of Change (ToC): ToC helps in understanding the…Read More

HOW CAN SOCIAL IMPACT MEASUREMENT MODELS LIKE THEORY OF CHANGE (TOC) AND LOGIC MODELS BE APPLIED TO IMPROVING THE QUALITY OF EDUCATION?

For instance, a nonprofit organization implements a literacy program in primary schools in a low-income community. The program includes activities such as teacher training workshops, provision of reading…Read More

The relation between social impact measurement models and quality education lies in their mutual objective of assessing and improving outcomes that contribute to societal well-being, particularly in the realm of education. Here’s how social impact measurement models intersect with the pursuit of quality education:

1. Outcome Measurement: Social i…Read More