Social Impact Investing

Social Value Act 2012 legislation. Currently some UK£3.15 billion of public sector
procurement is measured through the Social Earnings Ratio. The Lord Young Review
(February 2015) of the Social Value Act described S/E as "The Centre for Citizenship,
Enterprise and Governance (CCEG) has developed the social earnings ratio as a quick,
low cost, high volume way to assess social impact. It is calculated by dividing the social
value by the money spent on it. This can be calculated using very simple information
(e.g. the CSR budget, the carbon reduction, and the number of people helped), and is
meant to provide a single metric that can be used as a quick benchmark".
Seratio, the SaaS licensing arm of CCEG, announced that in Q1 2016 it will launch a
Freedom metric to support the UK Modern Slavery Act 2015. This promotes
Transparency in the Supply Chain for all companies over £36 million turnover - an
estimated 12,000 companies need to comply to this new piece of legislation as from
October 2015. CCEG chairs the EU Procurement Social Value & Transparency in
Supply Chain Forum.
Corporate Social Responsibility
There is a propensity of non-financial value data covered by over 1000 different metrics
and measures. There is remarkable lack of consistency between them. Due to the
speed of S/E and its ability to translate empirical data from other metrics to an S/E
score, it has harvested a significant database of organizational values reported. The EU
SEiSMiC Social Value Group have charted growth and their 2015–16 forecasts for
measured asset value (Euro € trillion) by S/E. Figures for 2015 and 2016 include other
value measurements outside organizational value; the key differentiator presumably is
personal value.
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