On February 19-20, 2013, the British Council hosted the Social Return on Investment (SROI) Network to provide a training on SROI. The training was held in Pasig City. A total of 45 participants from 19 organizations attended the event. The main objective of the training is to introduce the concept of social return on investment as a means to measure social impact.
Social Return on Investment (SROI) is a framework for measuring and accounting for a much broader concept of value; it seeks to reduce inequality and environmental degradation and improve wellbeing by incorporating social, environmental and economic costs and benefits.
It was no less than the Chief Executive Officer of The SROI Network, Mr. Jeremy Nichols, who delivered the two-day training. He shared, “stakeholders should always be involved in identifying the value of social impacts.” Mariel Vincent Rapisura and Edwin Salonga, SEDPI President and Chairperson respectively, provided a local case for SROI. This brought the international context of SROI at the level where local participants could relate better.
The participants found the training informative, helpful, engaging, enriching and practical.