We were inspired to develop the Ethis SROI calculator by our desire to evaluate the social impacts of the Indonesian projects funded by our community. We wanted to better understand how the crowd-investments made through our platform improve lives so we can create an even greater impact in future. The Ethis SROI calculator analyses 10 different processes to evaluate our performance across a range of social developments.
Social Return on Investment (SROI)
Quantifying the social impact of your investment!
Social Return on Investment (SROI)
Quantifying the social impact of your investment!
We were inspired to develop the Ethis SROI calculator by our desire to evaluate the social impacts of the Indonesian projects funded by our community. We wanted to better understand how the crowd-investments made through our platform improve lives so we can create an even greater impact in future. The Ethis SROI calculator analyses 10 different processes to evaluate our performance across a range of social developments.
The Methodology
Social change is hard to analyse due to its qualitative nature – how do you put a number on a feeling? SROI calculation methods were developed by charity-focused think-tanks to analyse projects from more than just the financial perspective. This led to new measurement techniques and indexes that provided insights into social changes including security, mental health and community. The Ethis SROI utilises recognised methods of contingent valuation and financial proxy to generate a value for social change that is not commonly reflected in traditional return on investment data. Â
Data Collection
We understand that ‘change’ and ‘improvement’ are both subjective, and therefore there needs to be a focus on engaging with the people who matter most – the affordable housing owners and their families. We conduct primary research through surveys to gather their thoughts and feelings on how getting a home has improved their lives and how we can do more in the future. True to our tech DNA, we have focused on digitising the data collection process, increasing the efficiency and transparency of the Ethis SROI calculator.
Data Collection
We understand that ‘change’ and ‘improvement’ are both subjective, and therefore there needs to be a focus on engaging with the people who matter most – the affordable housing owners and their families. We conduct primary research through surveys to gather their thoughts and feelings on how getting a home has improved their lives and how we can do more in the future. True to our tech DNA, we have focused on digitising the data collection process, increasing the efficiency and transparency of the Ethis SROI calculator.
Get The Ethis SROI Report
Get The Ethis SROI Report
