Corporate Social Responsiblity shake up

Posted on the 19th April 2017

New social impact model aims to disrupt the sector.

Published by Third Sector – Gali Blacher 19 April 2017

The way Australian businesses measure the impact of their CSR strategies is set to receive a massive shake up, with the Australian Social Value Bank (ASVB) launching a new online tool to simplify the way Not-For-Profits show the value of their work.

Based on internationally-endorsed methods for social impact measurement, and designed specifically for the Australian market by Australian NFP, Alliance Social Enterprises and UK-based research consultancy, SIMETRICA, ASVB aims to simplify the process of valuing social impact services and programs, allowing government, businesses, philanthropic and NFP organisations to robustly demonstrate their social impact in a way “never before seen in Australia”.

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