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Evaluation Report of Standard Foods Corporation’s “Grow with Love”: A Sustainability Initiative for Children’s Nutrition

Evaluation Report of Standard Foods Corporation’s “Grow with Love”: A Sustainability Initiative for Children’s Nutrition

“The plan Grow with Love is a sustainable project aimed at supporting economically disadvantaged children. This project focuses on two key goals: improving health and well-being (SDG 3) and alleviating hunger (SDG 2). It achieves these objectives through the distribution of Food Boxes, the organization of Food Education Camps, and the development of Nutrition education placemats, providing nutritional assistance and promoting nutrition education to ensure disadvantaged children have the conditions to grow up healthy with sufficient nutrition.

Beyond offering children a sense of social love and kindness, STANDARD FOODS CORPORATION (hereinafter referred to as “Standard Foods”) aims to foster the nutritional self-sufficiency of disadvantaged children. This project is implemented in collaboration with the BOYO Social Welfare Foundation (hereinafter referred to as “BOYO Foundation”) and employs impact evaluation to clearly assess the benefits and transformative effects generated by the plan.

This report evaluates the 2023 Grow with Love using the SROI methodology, focusing on the project’s social impact from June 1 to December 31, 2023. The evaluation considers the perspectives of six stakeholder groups: Standard Foods, BOYO Foundation, BOYO Tutors, Disadvantaged Children- All Centers, Disadvantaged Children- Taichung & Taitung Center, and Disadvantaged Children- Jian-Chan Center.

The project’s impact is reflected primarily in reducing hunger among disadvantaged children, improving their learning concentration, and enhancing their immunity, which leads to fewer medical visits. Additionally, BOYO Tutors gain a sense of accomplishment and increased trust from parents, while Standard Foods and BOYO Foundation both experience an enhancement in public welfare and professional reputation.

The social impact distribution shows that the primary beneficiaries are Disadvantaged Children, with the three sub-groups (All Centers, Taichung & Taitung Centers and Jian-Chan Center) accounting for 55% of the total impact. This is followed by Standard Foods (25%), BOYO Tutors (12%), and BOYO Foundation (8%). These findings align with the project’s goal of focusing on sustainable actions that pursue the well-being of disadvantaged children.

Based on the findings of this study, the 2023 Grow with Love Plan generated approximately NT$4.74 in social value for every NT$1 invested. Sensitivity analysis indicates that the plan’s SROI value ranges between 2.53 and 5.93, depending on different assumptions and scenarios.

Looking ahead, we are committed to continuously optimizing this project to maximize the well-being and benefits for all stakeholders involved.”