Reports Database

OVO Foundation (the Foundation) is OVO Energy’s charity. Created in 2014, OVO Foundation shares the belief of OVO Energy that businesses should be better for everyone. The Foundation’s vision is for all children and young people to have equitable access to a sustainable future. By funding meaningful and impactful organisations and projects, the Foundation wants to make sure that:

● All children and young people have the skills, knowledge, and confidence to take actions on sustainability issues and to help make their own communities more sustainable.
● All children and young people live in a sustainable community.

This SROI report summarises the results of an independent forecast of the social return on investment (SROI) of three programmes at OVO Foundation (Project Jua, Future Builders, and OVO Gives Back). This SROI report was compiled with advice and support from Social Value UK, and a separate SROI report focused on Project Jua has been assured by Social Value International.

The Social Return on Investment (SROI) analysis focuses on “Community Rejuvenation” in respect of the operation of the TCC DAKA market and local employment and “Social Dialogue” through the Plan B guided tour. In terms of Community Rejuvenation, TCC calls on villagers neighbouring around the Hoping Plant to run the DAKA market by offering specialty meals, handicrafts, and quilts; TCC also provides job opportunities for local villagers to operate and maintain TCC DAKA. On the part of Social Dialogue, employees on the Hoping Plant act as guides to show visitors around the 3–in–1 Port, Power Plant, and Factory Hoping Circular Park and communicate with them on TCC’s innovative utilization of resources across industries and its commitments and efforts to zero emissions, zero pollution, and zero waste, as well as resources recycling.

Adım Adım is Turkey’s biggest “benevolent family”. Tens of thousands of volunteer runners, hundreds of thousands of donors, millions of donations, over 100 NGOs and thousands of beneficiaries… All stakeholders have come together to achieve one main goal; to decrease inequality through physical activity, mainly through running.

The culture of volunteering is one of the most important elements of decreasing inequality and increasing human welfare. Adım Adım SROI Analysis demonstrates the tremendous value that volunteering can bring. In fact, this result is supported by the increasing number of Adım Adım volunteers. We all know that “trust” and “solidarity” are the prerequisites of donation. We are delighted to note that people are more than willing to donate when approached by our volunteers, which is testament to Adım Adım’s policy of transparency.

The Adım Adım SROI analysis was carried out to see the impact created by this charity formation activity, to identify the outcomes that can be positive, negative, intended or unintended to allocate resources as good as possible. So, Adım Adım will be able to manage and maximize or optimize its social value by informing decisions about where to direct resources. This SROI Analysis helps to inform decisions and encourage for
expending in Turkey and abroad.

The analysis is also designed as a tool to support to in spreading awareness of Adım Adım. In other words, this report is intended for both internal and external stakeholders.

Recycling Lives Charity & Social Enterprise is an organisation based in Preston and serving the North West of England. It delivers three specific programmes of offender support and food redistribution.

The Recycling Lives offender rehabilitation programme works with ex-offenders both in prison and in the community. By supporting men and women to improve their skills, confidence, and resilience and secure good jobs, it significantly reduces reoffending rates. The residential programme supports men experiencing homelessness. Offering personalised support, access to training and work placements and safe, stable accommodation, it supports men to regain their independence, moving into work and a home of their own. The food redistribution programme aims to tackle food poverty while preventing food waste. Working in partnership with FareShare it takes surplus stock from food retailers and redistributes this to communities, feeding people in need.

“The Doroob Scholarship program is the fruition of an endowment investment established to support gifted students. Since its inception, the Doroob company aimed to acknowledge a societal gap in awareness towards giftedness. It had recognised that the top 1% of students (high IQ – 120+) who were gifted did not have their educational needs met.

The main activity of the program is to award scholarships to children who display elevated levels of giftedness (High IQ – 120+) between the ages of 8 to 12. They can come from any nationality, gender, and social background. The first pillar of the program consists of an initial recruitment process that identifies giftedness and then appropriately allocates students within private partner schools, which are either specialised in the gifted education field or have the resources to provide them. Beyond recognising children for their high capabilities, the aim is to support and foster giftedness to its full potential while eliminating any concern of financial burden.”

This report describes the process and presents the outcomes, findings and recommendations of an SROI analysis of “Meeting Place: Dialogue” programme (MPDP) implemented by CAF Russia with the support of
EVZ Foundation to support former prisoners and victims of the German national socialist regime in WWII.

The analysis has shown that MPDP creates positive changes for four key stakeholder groups: the older people, their relatives, volunteers and specialists involved in the project. Although potentially relevant negative outcomes were identified for all stakeholder groups within the qualitative stage of data collection, they were not confirmed to be significant to meet the materiality criteria. The SROI ratio of MPDP is 3.55:1, which means that it is effective from the investment point of view and for every ruble invested in the programme, 3.55 rubles worth of social and economic outcomes is created for its stakeholders. The outcomes for older people account for 81% of the overall value of programme outcomes, outcomes for relatives – for 10%, and outcomes for volunteers and specialists for 6% and 3% respectively.

Investment decisions in a project or program requires a judgment of whether the expected development results justify the costs. This generally and ordinarily calls for rigorous processes and systems to be institutionalized to help in projecting clear results at both output and outcome levels as well as the costs associated with achieving those results. Social Return on Investment (SROI), in this regard, is one critical measure that is increasingly being deployed by development agencies in respect of the aforementioned but also to measure the social value of interventions. This study is a reflective analysis of social impact of Water Sanitation and Hygiene services implemented by WaterAid Rwanda in selected communities and health care facilities in Rwanda. Social Return on Investment analysis was used as the assessment tool based on SROI 7 principles. The analysis has significantly helped to determine the impacts that the project has created and to identify the most productive aspects. To augment the SROI analysis core aspects of Value for Money – economy, efficiency, and effectiveness were also employed.

Delivered by Energy4Impact, Project Jua aims to improve the health and education of residents in rural Kenya by designing, supplying, installing and maintaining sustainable solar solutions across 300 schools and health clinics in five least developed counties in Kenya, i.e., Turkana, Kilifi, Taita-Taveta, Kwale and Kilifi. Project Jua, in its current form, is a scale up of a pilot conducted between August 2017 and April 2018, that involved solar panel installation of 20 institutions (16 schools and 4 clinics) in Turkana and Kilifi counties in Kenya.

This report summarises the results of an independent forecast of the social return on investment (SROI) of Project Jua, a programme funded by OVO Foundation and delivered by Energy4Impact. It is analysed that the SROI of Project Jua is in a range of GBP 11.99 to GBP 16.01. This study was conducted between March and June 2021.

“Since 2015, CTBC Bank Co., Ltd. (CTBC Bank) has sponsored the CTBC Black Panther Pennant (National High School Baseball Competition) and developed various baseball training programs and activities before and after the competition, comprising the CTBC Black Panther Pennant event.

To thoroughly analyze the social benefit and efficiency created by the CTBC Black Panther Pennant event, CTBC Bank engaged KPMG to conduct an evaluative social return on investment (SROI) analysis, assessing the possible impacts on and changes in the stakeholders involved in the project. The SROI analysis focuses on the implementation of the CTBC Black Panther Pennant event in 2020, and the core stakeholders includes CTBC Bank, relevant executive staff of CTBC Bank, students and coach from Taitung Lanyu High School, Sports Administration, Chinese Taipei Baseball Association, competing teams in National High School Baseball Competition, coaches, players, and also CTBC Brothers Baseball Club players…etc.”

“The Vision Project, United Daily News Group uses special reports to disclose needs of society that were neglected in the past, and draws the government and society’s attention to rural transportation and social inclusion issues. It also integrates resources from various parties and sectors and demonstrates the power of media. The Vision Project further utilized the SROI methodology to analyze the impact of the special reports and workshop on rural transportation and social inclusion, and evaluated its contribution to policy implementation and local impact. The Vision Project examined the actual benefits of the project on improving rural transportation and social inclusion, and continued to adjust the direction of the Project, in order to maximize the social value of media.

This study evaluates the benefits and impacts created by a series of reports on rural transportation and social inclusion as well as the “Flipped rural transportation workshop” organized by the Vision Project, United Daily News Group between May 27, 2018 and December 31, 2020.”

“”What Time Is It? Café” strengthens President Chain Store Corporation’s (PCSC) image of being a friendly company that supports the underprivileged, and responds to the United Nations (UN) Sustainable Development Goal 3 (SDG3) Good Health and Well-being. PCSC hopes to create a friendly space for an innovative caretaking model that makes daily life a part of rehabilitation, and create a social demonstration platform that removes the label and stigma of dementia.”

“After analyzing each phase of engagement in the study, “What Time Is It? Cafés” have created the equivalent of NT$4.61 in social value for every NT$1 invested. The sensitivity analysis placed the result between NT$3.22 and NT$5.51. The project targeted elderly people with dementia, who are the most directly impacted stakeholders and accounted for 36% of the total value of all project outcomes, in which the most valuable outcome was “Delaying the progression of dementia.” Even though regular customers are indirect stakeholders, they accounted for 23% of the total value of all project outcomes, the second highest. This was mainly due to the large population. Furthermore, “increased dementia literacy,” the only outcome among regular customers, was a common outcome among stakeholders and ranked second among all outcomes. This corresponds to the project’s goal to increase dementia literacy among the general public. The top two outcomes and their corresponding stakeholders show that the activity indeed help slow the progression of dementia and create a community environment that is friendly to people with dementia.”

“This report details the Social Return on Investment (SROI) evaluation analysis conducted on the Self-Healing Enhancement Program (the program) courses delivered by Yang Sheng Foundation (YSF) for older adults who are above the age of 60. The results demonstrate that significant social value is created through the course, with SROI result of $1: $11.49 meaning that for every $1 invested, $11.49 of social value is created.

Fundamental to the success of the program is the holistic health self-management approaches designed in the 3-stage program course. The program was developed by a group of experts from various professional fields who have an in-depth understanding of local older adult’s learning behaviours. On top of that, they have adopted practices from USA and Japan’s community health promotion programs and continuously incorporated latest research in related area.”

“Wellsprings for Women (Wellsprings) is a women’s only centre operating in Dandenong, Casey and Cardinia in the south-eastern suburbs of Melbourne. The Women’s Support Program (the Program) at Wellsprings offers a range of tailored support to women experiencing social isolation in these communities. The Program is delivered by case managers, with the support of volunteers, and includes case management for women experiencing family violence, social and emotional support, information and learning opportunities, practical support and material aid, and support to access external services.

To gain a deeper understanding of the social and economic value created by the Program, Wellsprings commissioned this Social Return on Investment (SROI) evaluation. SROI is an internationally recognised approach for understanding and measuring the value of a program or organisation. It looks at what changes for key stakeholders from the perspective of the stakeholders themselves. A SROI calculation provides an indication of cost effectiveness, by comparing the investment required to deliver the activities with the value of the outcomes experienced by all beneficiary stakeholders. Social value is calculated by placing a financial proxy on the quantified change commensurate with the degree of change experienced by stakeholders as a result of the Women’s Support Program.”

“The project activity of “Mountain City Mushroom and Dream Book House” mainly aims to improve the community environment around Shiding, agricultural production technology and encourage children to read through the three core activities. The purpose of preparing this report is to understand the impact and chances of this project activity of “Mountain City Mushroom and Dream Book House” on relevant stakeholders, and then optimize the project to expand its influence and social value and benefits. This report is the first SROI report in this field and this event, so it is a predictive SROI report. The main purpose of this report is to test the nature of activities and to propose specific improvement plans for future activities.”

“Mennonite New Life Centre (MNLCT) is a community-based settlement agency based in Toronto, Canada that provides a wide-range of programs and services to help newcomers settle in Canada.

This report is as assessment of the two bridging programs offered by the MNLCT – namely Bridge to Employment in Media & Communications (BEMC) and Bridge to Registration and Employment in Mental Health (BREM).

The bridging programs are funded by government agencies. The Impact Report takes an account of the value creation process and measures a social return generated for its intended beneficiaries i.e. the program participants.

The analysis revealed a social return on investment generated in the range of $2 to $10 for the BREM program participants and $1 to $5 for BEMC program participants.”

“This research project was compiled and sponsored by PRIMAX Electronics Ltd (hereinafter referred to as PRIMAX), a long-term sponsor of Chengzhi Education Foundation. The main purpose of preparing this report is to use it for internal management and analysis. It is hoped that through the analysis of SROI, the KIST project can be adjusted and optimized to enhance the benefits and impact of the overall project.

The introduction, promotion and management of KIST education methods are integrated with the character education model of KIPP (Knowledge is Power Program) into Taiwan by Chengzhi Education Foundation, using physical schools as the field to realize the ideal of social justice to provide equal learning opportunities for disadvantaged children. In 2017, Chengzhi Education Foundation began to promote private management of public experimental education schools, which is called KIST, KIPP-Inspired School in Taiwan. The main field of this report “Taitung County Taoyuan Elementary School” is one of the schools that introduced KIST teaching methods (hereinafter referred to as Taoyuan Elementary School KIST).

The purpose of the report is to understand the social impact of KIST teaching methods at Taoyuan Elementary School. We used observations, interviews and questionnaires to evaluate the impact and changes of this project activities on relevant stakeholders to optimize this project to expand its influence and social value and benefits.”

2020 has been a year of global challenge, and through the crises, we are all living through there has been increased visibility of social inequality and injustice, the immediate
threats of environmental harm, and the increasing pressures on our collective mental health and wellbeing.

Social Value UK conducted a survey with our members and network at the end of December 2020 to gain greater insight into the effects the global health pandemic has been having across our membership community here in the UK.

The survey also explored the importance of social value throughout organisations during the crisis, as well as examining the effect membership with Social Value UK has had for those engaging with us during this period.

Download here.

“This evaluation aimed to identify the outcomes experienced by young adults who are service users of DIAL House and to explore the value of these outcomes relative to the cost of achieving them. The report was developed for Novas,who aim to use the findings to further develop the service and to maximise outcomes for young people in the future. This report may also be of interest to other stakeholders, particularly funders and decisions makers, who are equally concerned with understanding the needs and concerns of young people leaving care and improving provisions for all young people at-risk of homelessness in Ireland.”

“Artists for Mental Health, located in Vancouver, British Columbia (BC), is a non-profit organization engaged in increasing mental health awareness to artists in communities in Vancouver, BC, and the UK. The organization started in 2018 in response to meeting the needs of struggling artists who have no avenue to turn to for mental health support.

The organization encourages and strengthens “our inclusive community. We aid by providing resources and support to those who experience mental illness” (Artists for Mental Health [A4MH], n.d., para. 1). Many individuals with mental health problems often have a difficult time integrating with others in society, and they often experience isolation, depression, and low confidence (Gwinner, Knox, & Hacking, 2009, para. 1).

Engaging other participants in the community helps with A4MH’s (n.d.) vision by “providing resources and support to those who experience mental illness” (para. 1). One way the organization has done this was by piloting a mindfulness workshop in January of 2020.

The purpose of the forecast SROI project for A4MH includes:

1. To complete a Social Return on Investment (SROI) report that accurately reflects the
value of the mindfulness project,
2. To support A4MH in identifying ways to measure outcomes that could help enhance
the program to the participants,
3. To provide an SROI report that helps the organization with changes for a future
program.”

“The Eastern Charity Foundation is an organization that works with remote regions and tribal schools to support diverse supplies such as students’ breakfasts, clubs’ expenditures, and indigenous students’ cross-cultural communication. The Love Breakfast Project has been launched by the foundation since 2007 for the enhancement of students’ health and learning by funding the disadvantaged students’ breakfasts in remote regions. Each year it subsidizes 25 to 45 schools, and has offered 340 subsidies by 2019.

The report aims to conduct the social impact quantitative assessment and monetization of the Love Breakfast Project. Considering the request of duration, economic effect and sample representativeness in SROI, the report selects four schools in the project whose patterns are closest to the majority of schools and gives each stakeholder, the students, parents and school authorities for example, a value in correspondent with respective outcomes. During the evaluation, the SROI has involved as many stakeholders as possible to get the feedbacks and ensure that the outcome analysis and data collection effectively report the impact they have received. The object of SROI consists of the project management from 30th August, 2018 to 28th June, 2019.”