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	<title>Australian Social Value Bank</title>
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		<title>MEASURING THE SOCIAL IMPACT OF SPORT:</title>
		<link>https://asvb.com.au/2026/05/08/measuring-the-social-impact-of-sport/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=measuring-the-social-impact-of-sport</link>
		
		<dc:creator><![CDATA[Karina Cousland]]></dc:creator>
		<pubDate>Fri, 08 May 2026 04:47:59 +0000</pubDate>
				<category><![CDATA[Uncategorised]]></category>
		<guid isPermaLink="false">https://asvb.com.au/?p=6476</guid>

					<description><![CDATA[<p>INTRODUCING THE ASVB SPORTS WELLBEING VALUES Sport creates significant social, health and wellbeing benefits, but until now many organisations have struggled to consistently measure and communicate that impact beyond participation numbers. In response to this challenge, the Australian Social Value Bank (ASVB), in partnership with GippSport and with support from VicHealth, has released a new [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2026/05/08/measuring-the-social-impact-of-sport/">MEASURING THE SOCIAL IMPACT OF SPORT:</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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<h2><img decoding="async" loading="lazy" class=" wp-image-6502 aligncenter" src="https://asvb-media.s3.amazonaws.com/uploads/2026/05/Touch-Football-300x169.png" alt="" width="807" height="455" srcset="https://asvb-media.s3.amazonaws.com/uploads/2026/05/Touch-Football-300x169.png 300w, https://asvb-media.s3.amazonaws.com/uploads/2026/05/Touch-Football-1024x576.png 1024w, https://asvb-media.s3.amazonaws.com/uploads/2026/05/Touch-Football-768x432.png 768w, https://asvb-media.s3.amazonaws.com/uploads/2026/05/Touch-Football-1536x864.png 1536w, https://asvb-media.s3.amazonaws.com/uploads/2026/05/Touch-Football-730x413.png 730w, https://asvb-media.s3.amazonaws.com/uploads/2026/05/Touch-Football-992x561.png 992w, https://asvb-media.s3.amazonaws.com/uploads/2026/05/Touch-Football.png 1672w" sizes="(max-width: 807px) 100vw, 807px" /></h2>
<h2>INTRODUCING THE ASVB SPORTS WELLBEING VALUES</h2>
<p style="font-weight: 400;">Sport creates significant social, health and wellbeing benefits, but until now many organisations have struggled to consistently measure and communicate that impact beyond participation numbers.</p>
<p style="font-weight: 400;">In response to this challenge, the Australian Social Value Bank (ASVB), in partnership with GippSport and with support from VicHealth, has released a new set of Sports Wellbeing Values.</p>
<p style="font-weight: 400;">These values allow organisations delivering sport and recreation programs to measure and demonstrate the social value created through sport participation, including outcomes related to confidence, inclusion, motivation, physical activity and wellbeing.</p>
<p style="font-weight: 400;">The following outcomes are now captured within the ASVB calculator:</p>
<ul>
<li>Increased motivation and engagement in physical activity</li>
<li>Increased opportunity to engage in preferred physical activity</li>
<li>Developed confidence to take part in lots of different physical activities</li>
<li>Started to enjoy playing sport</li>
<li>Developed a sense of being good at lots of different physical activities</li>
<li>Participated in physical activity, people with a disability</li>
<li>No longer face barriers due to lack of equipment</li>
<li>No longer face barriers due to lack of facilities</li>
<li>Received coaching</li>
<li>Participated in individual physical activity</li>
<li>Participated in group physical activity</li>
<li>Played non-competitive sport</li>
<li>Played competitive sport</li>
<li>Attended professional sport</li>
</ul>
<h2 style="font-weight: 400;">FROM PARTICIPATION NUMBERS TO DEMONSTRATED SOCIAL VALUE</h2>
<p style="font-weight: 400;">For organisations delivering sport and recreation programs, this changes what can be demonstrated.</p>
<p style="font-weight: 400;">Sport has always created value beyond participation alone, and many organisations have previously used individual ASVB outcomes to capture parts of that story. However, when GippSport approached ASVB looking for a more precise way to measure the impact of sport participation, it highlighted a broader need across the sector.</p>
<p style="font-weight: 400;">Until now, many organisations have been limited to reporting how many people participated, how often they attended, and whether they enjoyed the program. While useful, this only tells part of the story. It does not clearly demonstrate whether meaningful change has occurred, or the social value created through that change.</p>
<p style="font-weight: 400;">The Sports Wellbeing Values shift this.</p>
<p style="font-weight: 400;">They allow organisations to move beyond activity reporting and demonstrate what actually changes as a result of sport participation. This includes outcomes such as increased confidence to participate, stronger feelings of inclusion and belonging, greater motivation to stay physically active, and improved engagement in sport and recreation activities.</p>
<p style="font-weight: 400;">Importantly, the framework recognises that participation itself can create measurable wellbeing benefits, while also capturing the attitudinal and behavioural changes associated with sport.</p>
<p style="font-weight: 400;">This shifts reporting from activity, to outcomes, and ultimately to value.</p>
<h2 style="font-weight: 400;">SUPPORTING OUTCOMES-BASED FUNDING AND DECISION MAKING</h2>
<p style="font-weight: 400;">The Sports Wellbeing Values sit within the ASVB cost benefit analysis framework. This allows organisations to express social impact in dollar terms, demonstrate net social benefit, and calculate a benefit cost ratio.</p>
<p style="font-weight: 400;">This aligns directly with how governments, councils and major funders increasingly assess value for money and outcomes-based investment. Organisations can demonstrate not only that their programs are needed, but the measurable social value and wellbeing outcomes they create.</p>
<p style="font-weight: 400;">Because all ASVB values are derived using a consistent wellbeing valuation methodology, organisations can also compare programs on a consistent basis, whether across different sporting activities, delivery models, cohorts, or even against other types of social programs.</p>
<p style="font-weight: 400;">This strengthens:</p>
<ul>
<li>internal decision making</li>
<li>strategic investment decisions</li>
<li>evidence-based funding applications</li>
<li>program design and prioritisation</li>
<li>social impact reporting</li>
<li>advocacy for sport and recreation</li>
</ul>
<p style="font-weight: 400;">More broadly, this creates a stronger evidence base for the sport and recreation sector. It helps demonstrate the role sport plays in improving wellbeing, strengthening communities, and delivering measurable social outcomes.</p>
<p style="font-weight: 400;">At its core, this represents a shift in how sport is understood, from participation numbers to demonstrated social value, and from “we know this is good” to “here is the value being created”.</p>
<h2 style="font-weight: 400;">WHAT ORGANISATIONS CAN NOW DEMONSTRATE</h2>
<p style="font-weight: 400;">Using the Sports Wellbeing Values, organisations can now:</p>
<ul>
<li>Demonstrate the social impact created through sport participation</li>
<li>Measure wellbeing outcomes beyond participation numbers alone</li>
<li>Capture the value created through confidence, inclusion, motivation and physical activity</li>
<li>Compare programs on a consistent basis across activities and delivery models</li>
<li>Make more informed decisions about where to prioritise investment</li>
<li>Demonstrate value for money using net social benefit and benefit cost ratios</li>
<li>Strengthen grant applications and funding proposals with credible evidence</li>
<li>Communicate impact to stakeholders in a clear and meaningful way</li>
<li>Build a consistent organisation-wide approach to outcomes measurement and social impact reporting</li>
</ul>
<h2 style="font-weight: 400;">HOW THE ASVB CREATED THE SPORTS VALUES</h2>
<p style="font-weight: 400;">Unlike the broader ASVB values, which were developed directly from Australian datasets, the Sports Wellbeing Values were developed by adapting existing sport-specific wellbeing research into the ASVB framework.</p>
<p style="font-weight: 400;">The broader ASVB values have been built using robust, large-scale Australian datasets, including HILDA and Journeys Home, alongside a consistent wellbeing valuation methodology designed to ensure comparability across outcomes and sectors.</p>
<p style="font-weight: 400;">However, developing entirely new Australian sport wellbeing values from scratch would require significant long-term datasets and investment. When GippSport identified the need for sport-specific values, the focus became identifying the most rigorous and defensible pathway available to ensure sport outcomes could be measured consistently within the ASVB framework.</p>
<p style="font-weight: 400;">The ASVB’s existing wellbeing values were developed in partnership with Simetrica-Jacobs, global leaders in wellbeing valuation methodology. Simetrica-Jacobs had also undertaken the Sport New Zealand work, providing a strong and methodologically consistent foundation for the development of sport-specific values within the ASVB.</p>
<p style="font-weight: 400;">The Sport New Zealand research had already identified how different forms of sport and physical activity impact wellbeing, using large-scale survey data and statistically robust wellbeing valuation techniques.</p>
<p style="font-weight: 400;">Importantly, this research focused on two key categories of sport outcomes:</p>
<ul>
<li>changes in attitudes towards sport and physical activity</li>
<li>changes in levels of participation in sport and physical activity</li>
</ul>
<p style="font-weight: 400;">This included outcomes such as increased confidence to participate, enjoyment of sport, motivation to be physically active, and participation in individual, group, competitive and non-competitive sporting activities.</p>
<p style="font-weight: 400;">The outcomes being measured, and the way they influenced wellbeing, were also highly relevant to the Australian context given the close social and cultural similarities between Australia and New Zealand.</p>
<p style="font-weight: 400;">Crucially, the ASVB did not simply adopt the published New Zealand dollar values.</p>
<p style="font-weight: 400;">The original Sport New Zealand values were monetised using a New Zealand Treasury WELLBY approach. Instead, the ASVB worked with Simetrica-Jacobs to take the underlying changes in wellbeing identified through the New Zealand research and apply the ASVB methodology and Australian income coefficient to express those impacts in Australian dollar terms.</p>
<p style="font-weight: 400;">This ensured the new Sports Wellbeing Values remained fully aligned with the broader ASVB framework and could sit alongside existing outcomes while maintaining comparability across sectors.</p>
<h2 style="font-weight: 400;">SUPPORTING ORGANISATIONS TO APPLY THE VALUES CONSISTENTLY</h2>
<p style="font-weight: 400;">Introducing sport-specific values also required practical guidance to support organisations using the framework in real-world settings.</p>
<p style="font-weight: 400;">Because sport programs can create multiple related outcomes, dedicated guidance materials were developed to help organisations:</p>
<ul>
<li>identify the most appropriate outcomes</li>
<li>avoid overlap between outcomes</li>
<li>ensure each change is treated as distinct and only counted once</li>
<li>apply the values consistently across programs</li>
</ul>
<p style="font-weight: 400;">This guidance is further supported through one-to-one assistance from the ASVB Customer Success team, helping organisations apply the values confidently and consistently within their own programs.</p>
<h2 style="font-weight: 400;">LOOKING AHEAD</h2>
<p style="font-weight: 400;">The current approach provides a robust and defensible foundation for measuring the social value created through sport.</p>
<p style="font-weight: 400;">Over time, future Australian-specific sport and youth wellbeing datasets may further strengthen the precision of these values and continue building the evidence base for investment in sport and recreation.</p>
<p style="font-weight: 400;">This represents an important step towards improving how the sector measures outcomes, demonstrates value for money, and evidences the contribution sport makes to individual and community wellbeing.</p>
<p style="font-weight: 400;">If you would like to explore how the Sports Wellbeing Values could help your organisation measure and demonstrate the social impact created through sport, contact the ASVB team to discuss how the framework could be applied within your programs.</p>
<p>        <a href="https://asvb.com.au/contact-us/" class="btn btn_shadow">Contact the ASVB Team</a>    </div>
</div>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2026/05/08/measuring-the-social-impact-of-sport/">MEASURING THE SOCIAL IMPACT OF SPORT:</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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		<title>A SHARED APPROACH TO MEASURING THE VALUE OF SPORT</title>
		<link>https://asvb.com.au/2026/05/08/a-shared-approach-to-measuring-the-value-of-sport/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=a-shared-approach-to-measuring-the-value-of-sport</link>
		
		<dc:creator><![CDATA[Karina Cousland]]></dc:creator>
		<pubDate>Fri, 08 May 2026 03:49:06 +0000</pubDate>
				<category><![CDATA[ASVB User Case Studies]]></category>
		<category><![CDATA[What's News With ASVB]]></category>
		<guid isPermaLink="false">https://asvb.com.au/?p=6446</guid>

					<description><![CDATA[<p>GIPPSPORT AND THE DEVELOPMENT OF SPORT AND YOUTH VALUES IN THE ASVB “We wanted to move beyond participation numbers and truly demonstrate the value of sport in our communities.” Karen Ferguson, Manager Partnerships and Programs, GippSport GippSport has taken a leadership role in advancing how the sport sector understands, measures, and communicates its value &#8211; [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2026/05/08/a-shared-approach-to-measuring-the-value-of-sport/">A SHARED APPROACH TO MEASURING THE VALUE OF SPORT</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h3 id="section-1">GIPPSPORT AND THE DEVELOPMENT OF SPORT AND YOUTH VALUES IN THE ASVB</h3>
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<blockquote class="blockquote blockquote--has-avatar">
<p>“We wanted to move beyond participation numbers and truly demonstrate the value of sport in our communities.”</p>
<p>						<img decoding="async" class="blockquote__avatar" src="https://asvb-media.s3.amazonaws.com/uploads/2026/05/GS-Vertical-Logo-Green-Grey.png.webp" alt=""></p>
<p>						<cite>Karen Ferguson, Manager Partnerships and Programs, GippSport</cite><br />
						<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 23.3 20.7"><path d="M0 14c0-2.1.5-4.3 1.4-6.7 1-2.4 2.5-4.8 4.5-7.3l2.5 1.8c-.4.4-.8 1-1.2 1.8S6.4 5.1 6 6.1 5.3 7.9 5.1 9s-.4 2-.4 2.9c.3-.1.6-.2.8-.2h.6c.6 0 1.1.1 1.6.2.5.2 1 .4 1.4.8s.7.8 1 1.3.4 1.2.4 1.9c0 .6-.1 1.3-.3 1.8-.2.6-.6 1.1-1 1.5s-.9.8-1.5 1c-.6.3-1.2.4-2 .4-1 0-1.8-.2-2.5-.5s-1.3-.8-1.8-1.4c-.5-.6-.8-1.3-1.1-2.2-.2-.7-.3-1.6-.3-2.5zm12.8 0c0-2.1.5-4.3 1.4-6.7.9-2.4 2.4-4.8 4.5-7.3l2.5 1.8c-.3.4-.7 1-1.1 1.8s-.8 1.6-1.2 2.5-.8 1.8-1 2.9-.4 2-.4 2.9c.3-.1.6-.2.8-.2h.6c.6 0 1.1.1 1.6.2.5.2 1 .4 1.4.8s.7.8 1 1.3.4 1.2.4 1.9c0 .6-.1 1.3-.3 1.8-.2.6-.6 1.1-1 1.5s-.9.8-1.5 1c-.6.3-1.2.4-2 .4-1 0-1.8-.2-2.5-.5s-1.3-.8-1.8-1.4c-.5-.6-.8-1.3-1.1-2.2-.2-.7-.3-1.6-.3-2.5z" fill="#52545b"/></svg>		</p></blockquote></div>
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<p style="font-weight: 400;">GippSport has taken a leadership role in advancing how the sport sector understands, measures, and communicates its value &#8211; while also helping shape its future direction.</p>
<p style="font-weight: 400;">Like many organisations, GippSport recognised that traditional reporting methods, focused on participation numbers and activity counts, did not fully capture the broader outcomes created through sport. While these measures show who takes part, they provide limited insight into what changes as a result.</p>
<p style="font-weight: 400;">To address this, GippSport adopted the Australian Social Value Bank (ASVB), enabling a shift from output reporting to consistently measuring outcomes and social value.</p>
<p style="font-weight: 400;">Through applying the ASVB in practice, two key opportunities emerged:</p>
<ul style="font-weight: 400;">
<li>to better reflect the specific outcomes created through sport participation, and</li>
<li>to ensure the framework captures what matters most for young people</li>
</ul>
<p style="font-weight: 400;">This led to a partnership to develop sport-specific values within the ASVB, supported by VicHealth.</p>
<p style="font-weight: 400;">This work has now evolved into a critical next phase: the development of youth-specific sport values, seen as essential to fully capturing the long-term impact of sport and strengthening how the sector measures social value.</p>
</p></div>
</div>
<h3 id="section-2">THE CHALLENGE: DEMONSTRATING SOCIAL VALUE</h3>
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<p style="font-weight: 400;">Historically, organisations across the sport sector have relied on participation data and qualitative storytelling to demonstrate impact. While both are valuable, they make it difficult to consistently quantify outcomes, compare programs on a like-for-like basis and clearly understand return on investment</p>
<p style="font-weight: 400;">For GippSport, this created a practical challenge.</p>
<p style="font-weight: 400;">Despite strong community connections and deep local knowledge, there was no consistent way to:</p>
<ul style="font-weight: 400;">
<li>identify which programs delivered the greatest social value relative to investment</li>
<li>confidently prioritise funding, effort, and program design</li>
<li>clearly demonstrate the scale and nature of impact to funders and stakeholders</li>
</ul>
<p style="font-weight: 400;">As a result, decisions were often guided by experience and intent, rather than supported by a shared, comparable measure of value.</p>
<p style="font-weight: 400;">This challenge is even more pronounced in youth-focused programs, where many of the outcomes that matter most, such as confidence, connection and wellbeing, can be difficult to consistently measure and value.</p>
</p></div>
</div>
<h3 id="section-3">WHAT GIPPSPORT CAN NOW MEASURE USING THE ASVB</h3>
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<p style="font-weight: 400;">By adopting the ASVB, GippSport can now measure program outcomes in a consistent, comparable, and credible way.</p>
<p style="font-weight: 400;">Rather than focusing solely on participation, they can quantify changes in wellbeing, including social connection, confidence and capability to participate, inclusion for people with disability, and levels of physical activity.</p>
<p style="font-weight: 400;">Crucially, these outcomes are translated into a common measure of social value, enabling GippSport to:</p>
<ul style="font-weight: 400;">
<li>understand value created across programs</li>
<li>compare initiatives on a like-for-like basis</li>
<li>identify which approaches deliver the greatest impact</li>
<li>clearly communicate outcomes to funders, partners, and communities</li>
</ul></div>
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<blockquote class="blockquote blockquote--has-avatar">
<p>“Measuring social value provides a more complete picture of our impact, helping us tell the full story of how our programs benefit communities.”</p>
<p>						<img decoding="async" class="blockquote__avatar" src="https://asvb-media.s3.amazonaws.com/uploads/2026/05/GS-Vertical-Logo-Green-Grey.png.webp" alt=""></p>
<p>						<cite>Karen Ferguson, Manager Partnerships and Programs, GippSport</cite><br />
						<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 23.3 20.7"><path d="M0 14c0-2.1.5-4.3 1.4-6.7 1-2.4 2.5-4.8 4.5-7.3l2.5 1.8c-.4.4-.8 1-1.2 1.8S6.4 5.1 6 6.1 5.3 7.9 5.1 9s-.4 2-.4 2.9c.3-.1.6-.2.8-.2h.6c.6 0 1.1.1 1.6.2.5.2 1 .4 1.4.8s.7.8 1 1.3.4 1.2.4 1.9c0 .6-.1 1.3-.3 1.8-.2.6-.6 1.1-1 1.5s-.9.8-1.5 1c-.6.3-1.2.4-2 .4-1 0-1.8-.2-2.5-.5s-1.3-.8-1.8-1.4c-.5-.6-.8-1.3-1.1-2.2-.2-.7-.3-1.6-.3-2.5zm12.8 0c0-2.1.5-4.3 1.4-6.7.9-2.4 2.4-4.8 4.5-7.3l2.5 1.8c-.3.4-.7 1-1.1 1.8s-.8 1.6-1.2 2.5-.8 1.8-1 2.9-.4 2-.4 2.9c.3-.1.6-.2.8-.2h.6c.6 0 1.1.1 1.6.2.5.2 1 .4 1.4.8s.7.8 1 1.3.4 1.2.4 1.9c0 .6-.1 1.3-.3 1.8-.2.6-.6 1.1-1 1.5s-.9.8-1.5 1c-.6.3-1.2.4-2 .4-1 0-1.8-.2-2.5-.5s-1.3-.8-1.8-1.4c-.5-.6-.8-1.3-1.1-2.2-.2-.7-.3-1.6-.3-2.5z" fill="#52545b"/></svg>		</p></blockquote></div>
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<h3 id="section-4">WHY GIPPSPORT INVESTED IN DEVELOPING NEW SPORTS VALUES</h3>
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<p style="font-weight: 400;">GippSport’s approach has gone beyond simply adopting a measurement framework.</p>
<p style="font-weight: 400;">Through applying the ASVB across a range of programs, they identified the need for values that more accurately reflect the outcomes created through sport participation.</p>
<p style="font-weight: 400;">In response, GippSport played a key role in developing sport-specific values within the ASVB, supported by VicHealth.</p>
<p style="font-weight: 400;">Rather than adapting programs to fit the tool, GippSport helped shape the tool to better fit the sector. This has strengthened confidence in comparing programs and improved the quality of evidence used to inform decision making.</p>
<p style="font-weight: 400;">Importantly, this work laid the foundation for the next phase &#8211; ensuring the framework captures the distinct  impacts experienced by young people through sport.</p>
<p>&nbsp;</p>
</p></div>
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<blockquote class="blockquote blockquote--has-avatar">
<p>“Using the new sports values in the ASVB has greatly increased our confidence when comparing outcomes across programs.”</p>
<p>						<img decoding="async" class="blockquote__avatar" src="https://asvb-media.s3.amazonaws.com/uploads/2026/05/GS-Vertical-Logo-Green-Grey.png.webp" alt=""></p>
<p>						<cite>Karen Ferguson, Manager Partnerships and Programs, GippSport</cite><br />
						<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 23.3 20.7"><path d="M0 14c0-2.1.5-4.3 1.4-6.7 1-2.4 2.5-4.8 4.5-7.3l2.5 1.8c-.4.4-.8 1-1.2 1.8S6.4 5.1 6 6.1 5.3 7.9 5.1 9s-.4 2-.4 2.9c.3-.1.6-.2.8-.2h.6c.6 0 1.1.1 1.6.2.5.2 1 .4 1.4.8s.7.8 1 1.3.4 1.2.4 1.9c0 .6-.1 1.3-.3 1.8-.2.6-.6 1.1-1 1.5s-.9.8-1.5 1c-.6.3-1.2.4-2 .4-1 0-1.8-.2-2.5-.5s-1.3-.8-1.8-1.4c-.5-.6-.8-1.3-1.1-2.2-.2-.7-.3-1.6-.3-2.5zm12.8 0c0-2.1.5-4.3 1.4-6.7.9-2.4 2.4-4.8 4.5-7.3l2.5 1.8c-.3.4-.7 1-1.1 1.8s-.8 1.6-1.2 2.5-.8 1.8-1 2.9-.4 2-.4 2.9c.3-.1.6-.2.8-.2h.6c.6 0 1.1.1 1.6.2.5.2 1 .4 1.4.8s.7.8 1 1.3.4 1.2.4 1.9c0 .6-.1 1.3-.3 1.8-.2.6-.6 1.1-1 1.5s-.9.8-1.5 1c-.6.3-1.2.4-2 .4-1 0-1.8-.2-2.5-.5s-1.3-.8-1.8-1.4c-.5-.6-.8-1.3-1.1-2.2-.2-.7-.3-1.6-.3-2.5z" fill="#52545b"/></svg>		</p></blockquote></div>
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<h3 id="section-5">WHY A SECTOR-WIDE APPROACH MATTERS</h3>
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<p style="font-weight: 400;">A shared approach to measuring social value does more than improve reporting &#8211; it strengthens decision making across the entire sector.</p>
<p style="font-weight: 400;">By using a consistent framework like the ASVB, organisations contribute to a shared evidence base where outcomes are clearly defined, measured consistently and valued using the same approach.</p>
<p style="font-weight: 400;">This enables meaningful comparison across programs, regions, and cohorts, clearer understanding of what works and why, and a more strategic allocation of funding and resources.</p>
<p style="font-weight: 400;">This consistency becomes even more critical when considering youth outcomes, where early intervention can have lifelong impact but requires strong, trusted evidence to support investment.</p>
<p style="font-weight: 400;">Without a shared framework, impact remains fragmented &#8211; making it difficult to demonstrate value at a system level or build a compelling case for sustained investment.</p>
<p style="font-weight: 400;">For GippSport, this is particularly important within the Regional Sport Assembly network, where a shared approach creates opportunities to understand collective impact across communities.</p>
</p></div>
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<blockquote class="blockquote blockquote--has-avatar">
<p>“It will allow us to compare the social value generated by different programs… providing a clearer picture of what works and where resources can have the greatest impact.” </p>
<p>						<img decoding="async" class="blockquote__avatar" src="https://asvb-media.s3.amazonaws.com/uploads/2026/05/GS-Vertical-Logo-Green-Grey.png.webp" alt=""></p>
<p>						<cite>Karen Ferguson, Manager Partnerships and Programs, GippSport</cite><br />
						<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 23.3 20.7"><path d="M0 14c0-2.1.5-4.3 1.4-6.7 1-2.4 2.5-4.8 4.5-7.3l2.5 1.8c-.4.4-.8 1-1.2 1.8S6.4 5.1 6 6.1 5.3 7.9 5.1 9s-.4 2-.4 2.9c.3-.1.6-.2.8-.2h.6c.6 0 1.1.1 1.6.2.5.2 1 .4 1.4.8s.7.8 1 1.3.4 1.2.4 1.9c0 .6-.1 1.3-.3 1.8-.2.6-.6 1.1-1 1.5s-.9.8-1.5 1c-.6.3-1.2.4-2 .4-1 0-1.8-.2-2.5-.5s-1.3-.8-1.8-1.4c-.5-.6-.8-1.3-1.1-2.2-.2-.7-.3-1.6-.3-2.5zm12.8 0c0-2.1.5-4.3 1.4-6.7.9-2.4 2.4-4.8 4.5-7.3l2.5 1.8c-.3.4-.7 1-1.1 1.8s-.8 1.6-1.2 2.5-.8 1.8-1 2.9-.4 2-.4 2.9c.3-.1.6-.2.8-.2h.6c.6 0 1.1.1 1.6.2.5.2 1 .4 1.4.8s.7.8 1 1.3.4 1.2.4 1.9c0 .6-.1 1.3-.3 1.8-.2.6-.6 1.1-1 1.5s-.9.8-1.5 1c-.6.3-1.2.4-2 .4-1 0-1.8-.2-2.5-.5s-1.3-.8-1.8-1.4c-.5-.6-.8-1.3-1.1-2.2-.2-.7-.3-1.6-.3-2.5z" fill="#52545b"/></svg>		</p></blockquote></div>
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<p style="font-weight: 400;">Over time, a sector-wide approach enables stronger evidence-based advocacy, better alignment between programs and community need, and the ability to demonstrate the collective value of sport.</p>
<p style="font-weight: 400;">This shifts the conversation &#8211; from participation and activity, to outcomes, impact, and value &#8211; positioning sport as a critical contributor to community wellbeing.</p>
</p></div>
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<h3 id="section-6">LOOKING AHEAD: WHY EXPANDING THE ASVB MATTERS</h3>
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<p style="font-weight: 400;">GippSport sees social value measurement as critical to the future of sport, particularly as funding continues to shift towards outcomes-based models.</p>
<p style="font-weight: 400;">Through this work, a key gap has emerged: youth outcomes are not yet accurately captured.</p>
<p style="font-weight: 400;">While sport-specific values represent a significant step forward, applying adult-based values to young people limits the sector’s ability to fully demonstrate impact.</p>
<p style="font-weight: 400;">To address this, GippSport is now supporting the next phase of development, with additional funding secured to expand the ASVB to include youth-specific sport outcome values.</p>
<p style="font-weight: 400;">This investment will improve the accuracy of outcomes for young people, strengthen confidence in early intervention and better demonstrate the lifelong value of sport participation.</p>
<p style="font-weight: 400;">By embedding youth-specific values, the sector will be better equipped to evidence impact, influence policy, and secure sustained investment in young people.</p>
</p></div>
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<h3 id="section-7">WHY THIS MATTERS FOR OTHER SECTORS</h3>
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<p style="font-weight: 400;">GippSport’s experience demonstrates that investing in shared measurement doesn’t just improve reporting &#8211; it strengthens decision making, builds sector-wide evidence, and enables more strategic investment.</p>
<p style="font-weight: 400;">Most importantly, it highlights that youth-specific measurement is not optional &#8211; it is essential to understanding the true value of sport.</p>
<p style="font-weight: 400;">As the sector continues to shift towards outcomes and impact, this work positions sport as a critical contributor to lifelong wellbeing and ensures that investment in sport is backed by clear, credible evidence at both a local and national level.</p>
</p></div>
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<p>		<a href="https://asvb-media.s3.amazonaws.com/uploads/2026/04/OUTCOMES_List_2026-1.pdf" download class="btn btn_outlined btn_download btn_icon-right btn_shadow"><br />
			<span>Download the full list of outcomes now included in the ASVB <span>(167.4KB)</span></span><br />
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		</a></p></div>
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<p>The post <a rel="nofollow" href="https://asvb.com.au/2026/05/08/a-shared-approach-to-measuring-the-value-of-sport/">A SHARED APPROACH TO MEASURING THE VALUE OF SPORT</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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		<title>Measuring the Social Value of Sport : New ASVB Values</title>
		<link>https://asvb.com.au/2026/03/25/measuring-the-social-value-of-sport/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=measuring-the-social-value-of-sport</link>
		
		<dc:creator><![CDATA[Karina Cousland]]></dc:creator>
		<pubDate>Tue, 24 Mar 2026 22:51:48 +0000</pubDate>
				<category><![CDATA[Uncategorised]]></category>
		<guid isPermaLink="false">https://asvb.com.au/?p=6274</guid>

					<description><![CDATA[<p>The Australian Social Value Bank (ASVB) has partnered with Gippsport, with funding from VicHealth, to develop a new suite of Sports Wellbeing Values, now live in the ASVB Value Calculator. Sport plays a vital role in improving wellbeing and creating stronger, healthier, more connected and inclusive communities. However, until now, sporting organisations have had limited [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2026/03/25/measuring-the-social-value-of-sport/">Measuring the Social Value of Sport : New ASVB Values</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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<p><img decoding="async" loading="lazy" class="wp-image-6273 aligncenter" src="https://asvb-media.s3.amazonaws.com/uploads/2026/03/Sports-Values-300x300.png" alt="Man in wheel chair playing basketball" width="719" height="719" srcset="https://asvb-media.s3.amazonaws.com/uploads/2026/03/Sports-Values-300x300.png 300w, https://asvb-media.s3.amazonaws.com/uploads/2026/03/Sports-Values-150x150.png 150w, https://asvb-media.s3.amazonaws.com/uploads/2026/03/Sports-Values-390x390.png 390w, https://asvb-media.s3.amazonaws.com/uploads/2026/03/Sports-Values-600x600.png 600w" sizes="(max-width: 719px) 100vw, 719px" /></p>
<p style="font-weight: 400;">The Australian Social Value Bank (ASVB) has partnered with Gippsport, with funding from VicHealth, to develop a new suite of Sports Wellbeing Values, now live in the ASVB Value Calculator.</p>
<p style="font-weight: 400;">Sport plays a vital role in improving wellbeing and creating stronger, healthier, more connected and inclusive communities. However, until now, sporting organisations have had limited ability to consistently measure and communicate this impact using a shared evidence base. The new Sports Wellbeing Values represent a significant addition to the ASVB calculator and respond directly to this gap.</p>
</p></div>
</div>
<h3 id="section-1">What do the new Sports Wellbeing Values capture?</h3>
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<p>The Sports Wellbeing Values capture changes in wellbeing associated with participation in sport including:</p>
<ul>
<li>participation for people with a disability</li>
<li>improved attitudes to physical activity</li>
<li>removing barriers to participation</li>
<li>receiving coaching</li>
<li>attending sports events.</li>
</ul>
<p>Together, these outcomes reflect the multiple ways sport contributes to improved wellbeing, social connection, and inclusion across communities.</p>
<p>The values have been derived by <a href="https://www.simetrica-jacobs.com/">Simetrica-Jacobs</a> using robust wellbeing data from New Zealand, originally commissioned by <a href="https://sportnz.org.nz/resources/social-value-bank-tool/" target="_blank" rel="noopener">Sport New Zealand</a>, and have been adjusted to align with ASVB’s established wellbeing valuation approach. This ensures consistency with existing ASVB values while extending the ASVB calculator to better reflect the social value created through sport.</p>
<p>These Sports Wellbeing Values will support organisations to:</p>
<ul>
<li>measure the social value created through participation in sport</li>
<li>communicate wellbeing outcomes in clear and credible terms</li>
<li>strengthen funding and advocacy narratives</li>
<li>contribute to a more consistent and comparable evidence base for the value of sport</li>
</ul></div>
</div>
<h3 id="section-2">Strengthening the ASVB calculator</h3>
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<p>The addition of the Sports Wellbeing Values broadens the relevance of the ASVB calculator for the sport and physical activity sector. With nearly 100 outcomes now in the bank, it enables a wider range of programs and activities to be measured using a consistent and evidence-based approach, supporting more confident reporting, decision-making, and sector advocacy.</p>
</p></div>
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<h3 id="section-3">What happens next</h3>
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<p>Watch this space. We will be sharing case studies and practical examples of how the Sports Wellbeing Values can be applied across different sporting contexts, including early insights from our partners at Gippsport who have been testing the values within their programs.</p>
</p></div>
</div>
<h3 id="section-4">Find out more</h3>
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<div class="col-xs-12 wysiwyg">
<p>If you are not yet an ASVB subscriber but are interested in the Sports Wellbeing Values, you can register your interest below to receive updates, case studies, and upcoming opportunities to see the values in action.</p>
<p><script src="https://js-ap1.hsforms.net/forms/embed/3817253.js" defer></script></p>
<div class="hs-form-frame" data-region="ap1" data-form-id="c73485b4-6a78-4467-ae90-02450ad5b24b" data-portal-id="3817253" data-prefill="{ &quot;lead_source_detail&quot;: &quot;Sports_Values_Launch_April_2026&quot;, &quot;interest_areas&quot;: [&quot;Sports Values&quot;] }"></div>
</p></div>
</div>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2026/03/25/measuring-the-social-value-of-sport/">Measuring the Social Value of Sport : New ASVB Values</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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		<title>CBA vs SROI &#8211; Which Social Impact Methodology is Right for You?</title>
		<link>https://asvb.com.au/2025/04/08/cost_benefit_analysis_vs_sroi/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=cost_benefit_analysis_vs_sroi</link>
		
		<dc:creator><![CDATA[Min Seto]]></dc:creator>
		<pubDate>Mon, 07 Apr 2025 19:32:21 +0000</pubDate>
				<category><![CDATA[Measuring Social Impact with ASVB]]></category>
		<category><![CDATA[Social Impact & Value]]></category>
		<guid isPermaLink="false">https://asvb.com.au/?p=5976</guid>

					<description><![CDATA[<p>When it comes to measuring social impact, two of the most widely used approaches are Cost-Benefit Analysis (CBA) and Social Return on Investment (SROI). While both aim to quantify the value created by social initiatives, they differ in methodology, focus, and practical use—particularly when it comes to decision-making and program evaluation. At the Australian Social [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2025/04/08/cost_benefit_analysis_vs_sroi/">CBA vs SROI &#8211; Which Social Impact Methodology is Right for You?</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
]]></description>
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<p class="" data-start="279" data-end="630">When it comes to measuring social impact, two of the most widely used approaches are <strong data-start="364" data-end="395">Cost-Benefit Analysis (CBA)</strong> and <strong data-start="400" data-end="438">Social Return on Investment (SROI)</strong>. While both aim to quantify the value created by social initiatives, they differ in methodology, focus, and practical use—particularly when it comes to decision-making and program evaluation.</p>
<p class="" data-start="632" data-end="833">At the <strong data-start="639" data-end="678">Australian Social Value Bank (ASVB)</strong>, we’re often asked how these methods compare and how our tools can support them. This guide will help you decide which approach works best for your goals.</p>
<hr class="" data-start="835" data-end="838" />
<h3 class="" data-start="840" data-end="887">🔍 <strong data-start="847" data-end="887">What is Cost-Benefit Analysis (CBA)?</strong></h3>
<p class="" data-start="889" data-end="1186"><strong data-start="889" data-end="896">CBA</strong> is the most established and widely endorsed method for measuring social value. It calculates a <strong data-start="992" data-end="1020">Benefit-Cost Ratio (BCR)</strong> by comparing the total monetised benefits of a program against its costs, offering a clear picture of whether an initiative creates a net positive impact on society.</p>
<h4 class="" data-start="1188" data-end="1212"><strong data-start="1193" data-end="1212">Why choose CBA?</strong></h4>
<p class="" data-start="1214" data-end="1421">🔄 <strong data-start="1217" data-end="1244">Forecast before you act</strong>: CBA can be used before a program is implemented (ex-ante or forecasting analysis), making it ideal for funding applications, business cases, and resource allocation decisions.</p>
<p class="" data-start="1423" data-end="1670">📊 <strong data-start="1426" data-end="1462">Compare initiatives consistently</strong>: By expressing all costs and benefits—including non-market outcomes like wellbeing or environmental impact—in dollar terms, CBA allows for <strong data-start="1602" data-end="1627">objective comparisons</strong> across different programs or policy areas.</p>
<p class="" data-start="1672" data-end="1926">💰 <strong data-start="1675" data-end="1706">Demonstrate value for money</strong>: CBA supports the calculation of <strong data-start="1740" data-end="1768">Benefit-Cost Ratio (BCR)</strong> and <strong data-start="1773" data-end="1800">Net Present Value (NPV)</strong>, both critical metrics for showing funders, boards, or governments that a program offers a <strong data-start="1892" data-end="1925">positive return on investment</strong>.</p>
<p class="" data-start="1928" data-end="2174">🏛️ <strong data-start="1932" data-end="1964">Meet government requirements</strong>: In places like New South Wales, a formal <strong data-start="2007" data-end="2026">CBA is required</strong> for all business cases above certain financial thresholds, and is routinely used by government bodies like Treasury and Infrastructure departments.</p>
<p class="" data-start="2176" data-end="2398">🧠 <strong data-start="2179" data-end="2214">Enhance transparency and rigour</strong>: CBA provides <strong data-start="2229" data-end="2250">clear assumptions</strong>, evidence-based proxies, and <strong data-start="2280" data-end="2310">standardised methodologies</strong>, ensuring consistency in decision-making—leading to better governance and public trust.</p>
<p class="" data-start="2400" data-end="2660">In short, CBA helps decision-makers prioritise programs that generate the greatest welfare gains, enabling <strong data-start="2507" data-end="2537">evidence-based investments</strong> in what truly works. It’s the <strong data-start="2568" data-end="2589">go-to methodology</strong> when public accountability and investment justification are essential.</p>
<hr class="" data-start="2662" data-end="2665" />
<h3 class="" data-start="2667" data-end="2721">🤝 <strong data-start="2674" data-end="2721">What is Social Return on Investment (SROI)?</strong></h3>
<p class="" data-start="2723" data-end="3057"><strong data-start="2723" data-end="2731">SROI</strong> is an outcomes-based evaluation framework designed to help organisations understand, measure, and communicate the broader value they create. Like CBA, it uses a monetary lens to assess social outcomes—but it places a strong emphasis on <strong data-start="2968" data-end="2995">stakeholder involvement</strong> and <strong data-start="3000" data-end="3016">storytelling</strong> to provide a detailed picture of change.</p>
<p class="" data-start="3059" data-end="3342">Rather than comparing options or forecasting future benefits, SROI is typically used to <strong data-start="3147" data-end="3220">evaluate the impact of a specific program after it has been delivered</strong>. This makes it ideal for organisations looking to assess the <strong data-start="3282" data-end="3310">experiences and outcomes</strong> of their participants in depth.</p>
<h4 class="" data-start="3344" data-end="3369"><strong data-start="3349" data-end="3369">Why choose SROI?</strong></h4>
<p class="" data-start="3371" data-end="3582">🧍‍♂️ <strong data-start="3377" data-end="3411">Centres stakeholder experience</strong>: SROI places stakeholders at the heart of the evaluation, ensuring the voices of participants, staff, and community members are captured in defining what outcomes matter.</p>
<p class="" data-start="3584" data-end="3803">📈 <strong data-start="3587" data-end="3627">Quantifies impact using proxy values</strong>: SROI applies <strong data-start="3642" data-end="3663">financial proxies</strong>—often developed with stakeholder input—to assign value to non-financial outcomes like improved confidence, wellbeing, or social connection.</p>
<p class="" data-start="3805" data-end="4023">💬 <strong data-start="3808" data-end="3843">Tells a compelling impact story</strong>: The narrative that emerges from an SROI is both <strong data-start="3893" data-end="3925">qualitative and quantitative</strong>, helping organisations engage funders, boards, and communities by showcasing their social impact.</p>
<p class="" data-start="4025" data-end="4270">💡 <strong data-start="4028" data-end="4067">Demonstrates change, not just value</strong>: By mapping a theory of change and capturing attribution, deadweight, and drop-off, SROI provides a structured way to understand how much of the observed change was directly caused by your intervention.</p>
<p class="" data-start="4272" data-end="4557">⚠️ <strong data-start="4275" data-end="4298">Limitations of SROI</strong>: While valuable, SROI is not typically used to compare different initiatives and is not designed for <strong data-start="4400" data-end="4434">pre-implementation forecasting</strong>. It also lacks the <strong data-start="4454" data-end="4480">standardisation of CBA</strong>, as financial proxies can vary significantly depending on who develops them.</p>
<hr class="" data-start="4559" data-end="4562" />
<h3 class="" data-start="4564" data-end="4614">🔧 <strong data-start="4571" data-end="4614">How the ASVB Supports Both CBA and SROI</strong></h3>
<p class="" data-start="4616" data-end="4907">At <strong data-start="4619" data-end="4627">ASVB</strong>, we make social impact measurement <strong data-start="4663" data-end="4699">simple, credible, and consistent</strong>—whether you choose <strong data-start="4719" data-end="4726">CBA</strong> or <strong data-start="4730" data-end="4738">SROI</strong>. Our <strong data-start="4744" data-end="4787">robust, evidence-based wellbeing values</strong> can support both methodologies, ensuring <strong data-start="4829" data-end="4839">rigour</strong>, <strong data-start="4841" data-end="4858">comparability</strong>, and <strong data-start="4864" data-end="4879">credibility</strong> in your impact assessments.</p>
<p class="" data-start="4909" data-end="5125">Our <strong data-start="4913" data-end="4944">wellbeing valuation dataset</strong>, the largest and most comprehensive in Australia, provides 83 outcome values across domains like <strong data-start="5042" data-end="5124">health, housing, education, employment, crime reduction, social connection and community</strong>.</p>
<h4 class="" data-start="5127" data-end="5169">💡 <strong data-start="5135" data-end="5168">Use ASVB in two powerful ways</strong>:</h4>
<ol data-start="5171" data-end="5869">
<li class="" data-start="5171" data-end="5519">
<p class="" data-start="5174" data-end="5519"><strong data-start="5174" data-end="5196">Run a complete CBA</strong>: Use the <strong data-start="5206" data-end="5238">ASVB Social Value Calculator</strong> alongside our pre-defined indicators and data collection templates to conduct a <strong data-start="5319" data-end="5338">streamlined CBA</strong>. This approach is ideal for programs focused on delivering outcomes that align with ASVB’s values, offering an <strong data-start="5450" data-end="5483">efficient, government-aligned</strong> way to demonstrate value for money.</p>
</li>
<li class="" data-start="5521" data-end="5869">
<p class="" data-start="5524" data-end="5869"><strong data-start="5524" data-end="5570">Strengthen your own CBA or SROI evaluation</strong>: If you’re running your own CBA or SROI evaluation, you can integrate <strong data-start="5641" data-end="5668">ASVB’s wellbeing values</strong> at the point of <strong data-start="5685" data-end="5708">monetising outcomes</strong>. This ensures <strong data-start="5723" data-end="5741">greater rigour</strong>, <strong data-start="5743" data-end="5760">comparability</strong>, and <strong data-start="5766" data-end="5781">credibility</strong>—avoiding the need for custom financial proxies from small-scale surveys or assumptions.</p>
</li>
</ol>
<hr class="" data-start="5871" data-end="5874" />
<h3 class="" data-start="5876" data-end="5916"><strong data-start="5880" data-end="5916">Why Use ASVB&#8217;s Wellbeing Values?</strong></h3>
<p class="" data-start="5918" data-end="6411">✅ <strong data-start="5920" data-end="5942">Nationally derived</strong> using large datasets—ensuring <strong data-start="5973" data-end="5983">rigour</strong> and <strong data-start="5988" data-end="6014">statistical robustness</strong><br data-start="6014" data-end="6017" />🔄 <strong data-start="6020" data-end="6050">Consistent across projects</strong>, enabling <strong data-start="6061" data-end="6075">comparison</strong> between initiatives and over time<br data-start="6109" data-end="6112" />🧠 <strong data-start="6115" data-end="6150">Grounded in wellbeing economics</strong>, capturing <strong data-start="6162" data-end="6183">true social value</strong> beyond just financial returns<br data-start="6213" data-end="6216" />⏱️ <strong data-start="6219" data-end="6247">Saves time and resources</strong> by eliminating the need for primary research or proxy development<br data-start="6313" data-end="6316" />📈 <strong data-start="6319" data-end="6362">Recognised by practitioners and funders</strong> as a <strong data-start="6368" data-end="6387">credible source</strong> for impact monetisation</p>
<hr class="" data-start="6413" data-end="6416" />
<h3 class="" data-start="6418" data-end="6462">🧭 <strong data-start="6425" data-end="6462">Which Methodology Should You Use?</strong></h3>
<p class="" data-start="6464" data-end="6489">It depends on your goals:</p>
<ul data-start="6491" data-end="6853">
<li class="" data-start="6491" data-end="6616">
<p class="" data-start="6493" data-end="6616">If you&#8217;re deciding where to invest or need to compare options, <strong data-start="6556" data-end="6584">CBA is the gold standard</strong>—and often required for funding.</p>
</li>
<li class="" data-start="6617" data-end="6739">
<p class="" data-start="6619" data-end="6739">If you&#8217;re evaluating a specific program&#8217;s impact with <strong data-start="6673" data-end="6707">strong stakeholder involvement</strong>, <strong data-start="6709" data-end="6738">SROI may be more suitable</strong>.</p>
</li>
<li class="" data-start="6740" data-end="6853">
<p class="" data-start="6742" data-end="6853">For <strong data-start="6746" data-end="6794">government grants or large-scale initiatives</strong>, <strong data-start="6796" data-end="6803">CBA</strong> is <strong data-start="6807" data-end="6852">not just recommended—it’s often mandatory</strong>.</p>
</li>
</ul>
<p class="" data-start="6855" data-end="7005">ASVB gives you a practical, accessible way to meet these requirements with a <strong data-start="6932" data-end="6971">simplified, government-aligned tool</strong> backed by <strong data-start="6982" data-end="7004">robust methodology</strong>.</p>
<hr class="" data-start="7007" data-end="7010" />
<h3 class="" data-start="7012" data-end="7044">🚀 <strong data-start="7019" data-end="7044">Get Started with ASVB</strong></h3>
<p class="" data-start="7046" data-end="7238">Whether you&#8217;re forecasting outcomes for funding, evaluating an existing program, or exploring your social impact strategy, <strong data-start="7169" data-end="7237">ASVB helps you measure what matters—with clarity and credibility</strong>.</p>
<p class="" data-start="7240" data-end="7416">📞 <strong data-start="7243" data-end="7257">Contact us</strong> to discuss the best fit for your project<br data-start="7298" data-end="7301" />🎓 <strong data-start="7304" data-end="7334">Join our next free webinar</strong> to see the ASVB in action</p>
<p class="" data-start="7418" data-end="7473">Let’s build a stronger case for social impact—together.</p>
<p>        <a href="https://asvb.com.au/asvb-helps-measure-social-impact/impact_measurement_training/" class="btn btn_shadow" target="_blank" rel="noopener">REGISTER FOR A FREE WEBINAR</a>    </div>
</div>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2025/04/08/cost_benefit_analysis_vs_sroi/">CBA vs SROI &#8211; Which Social Impact Methodology is Right for You?</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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		<title>ASVB Grants Available Now</title>
		<link>https://asvb.com.au/2022/05/25/asvb-grants-available-now-2/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=asvb-grants-available-now-2</link>
		
		<dc:creator><![CDATA[Min Seto]]></dc:creator>
		<pubDate>Wed, 25 May 2022 04:56:42 +0000</pubDate>
				<category><![CDATA[What's News With ASVB]]></category>
		<guid isPermaLink="false">https://asvb.com.au/?p=5742</guid>

					<description><![CDATA[<p>What is the ASVB Grant Program? The ASVB offers a grant program for not-for-profits and certified social enterprises, with an annual revenue of less than $1.5M, to access the ASVB for free. These grants are funded through the sale of large and very large ASVB subscriptions (based on our sliding fee scale). Our grant program [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2022/05/25/asvb-grants-available-now-2/">ASVB Grants Available Now</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h3 id="section-1">What is the ASVB Grant Program?</h3>
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<p>The ASVB offers a grant program for not-for-profits and certified social enterprises, with an annual revenue of less than $1.5M, to access the ASVB for free.</p>
<p>These grants are funded through the sale of large and very large ASVB subscriptions (based on our <a href="https://asvb.com.au/asvb-helps-measure-social-impact/asvb-user-licence-fee/">sl</a>iding fee scale).</p>
<p>Our grant program is our way of helping to make sure any organisation can demonstrate the social value created by their programs and is the foundation of our social enterprise model.</p>
<p>&nbsp;</p>
<p>        <a href="https://asvb.com.au/asvb-helps-measure-social-impact/asvb-subscription-prices/" class="btn btn_shadow" target="_blank" rel="noopener">VIEW SLIDING FEE SCALE</a>    </div>
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<h3 id="section-2">What&#8217;s included in the grant?</h3>
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<p>Successful grant applicants are awarded a fully supported 12 month subscription to the ASVB. This means the organisation can add unlimited users to the ASVB from across their organisation, they can run unlimited social value impact calculations and download an unlimited number of Social Impact Valuation Statements.</p>
<p>Grantees will receive free online training and support throughout their subscription period to ensure they are confident in applying the ASVB methodology correctly.</p>
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<h3 id="section-3">How can an ASVB Grant Help?</h3>
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<p>An ASVB Grant can help micro organisations in a number of ways:</p>
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<li>Build the internal social impact measurement capacity of the organisation</li>
<li>Forecast the social value that could potentially be created by a program to secure funding prior to delivery</li>
<li>Report the social value delivered through past programs to add evidence to funding bids or show social return on investment to existing funders</li>
<li>Use social value calculations to inform internal budget allocation and program improvement</li>
<li>Include in Annual Reports to demonstrate progress against Mission</li>
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<h3 id="section-4">How to Apply for an ASVB Grant</h3>
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<p>1 &#8211; Are you an Australian business that is either a registered not-for-profit or a certified social enterprise? If you answered &#8216;Yes&#8217; move on to step 2.</p>
<p>2 &#8211; Download our current <a href="https://asvb-media.s3.amazonaws.com/uploads/2026/01/Outcomes-ASVB-AUG2023.pdf">ASVB Outcomes List</a> and check that we have the main outcomes that your program delivers. (You will need to identify three from the list to include in your ASVB Grant Application).</p>
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<p>3 &#8211; Get a copy of your previous year&#8217;s audited financial statements to prove that your annual revenue is less than $1.5M</p>
<p>(If you&#8217;re a start-up, or don&#8217;t have audited financial statements, please get in touch via email (<a href="mailto:info@asvb.com.au">info@asvb.com.au</a>) to discuss other acceptable forms of evidence to verify your annual income)</p>
<p>4 &#8211; Complete the online ASVB Grant application form, then sit back and wait for us to get in touch.</p>
<p>        <a href="https://asvb.com.au/asvb-helps-measure-social-impact/asvb-subscription-prices/asvb-grant-program/" class="btn btn_shadow" target="_blank" rel="noopener">APPLY FOR ASVB GRANT</a>    </div>
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<p>Please note that if there are no ASVB Grants available when you apply, all eligible grant applications received will be added to our Grant Waiting List in order of receipt. Successful applicants will then be notified as soon as a grant becomes available.</p>
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<h3 id="section-5">SOME OF OUR PREVIOUS GRANT RECIPIENTS</h3>
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<h3 id="section-6">THESE GRANTS WERE PROVIDED BY</h3>
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<p>The post <a rel="nofollow" href="https://asvb.com.au/2022/05/25/asvb-grants-available-now-2/">ASVB Grants Available Now</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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		<title>Resilience &#038; Help Seeking &#8211; New Wellbeing Values</title>
		<link>https://asvb.com.au/2022/05/23/resilience-help-seeking-wellbeing-values/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=resilience-help-seeking-wellbeing-values</link>
		
		<dc:creator><![CDATA[Min Seto]]></dc:creator>
		<pubDate>Mon, 23 May 2022 02:55:53 +0000</pubDate>
				<category><![CDATA[Measuring Social Impact with ASVB]]></category>
		<category><![CDATA[What's News With ASVB]]></category>
		<guid isPermaLink="false">https://asvb.com.au/?p=5647</guid>

					<description><![CDATA[<p>*Trigger warning &#8211; This story contains content about suicide We&#8217;re always so excited to announce that we&#8217;re adding new values to the ASVB &#8211; but these two values seem especially important given everything that is going on in the world lately. With the extreme climate events we&#8217;ve experienced in Australia, the recent floods and the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2022/05/23/resilience-help-seeking-wellbeing-values/">Resilience &#038; Help Seeking &#8211; New Wellbeing Values</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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<h5>*Trigger warning &#8211; This story contains content about suicide</h5>
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<p>We&#8217;re always so excited to announce that we&#8217;re adding new values to the ASVB &#8211; but these two values seem especially important given everything that is going on in the world lately. With the extreme climate events we&#8217;ve experienced in Australia, the recent floods and the not too distant Black Summer bushfires, not to mention the ongoing pandemic encompassing extended lockdowns for many &#8211; you could say Australians have been doing it tough over the past few years!</p>
<p>Apart from the immediate losses that come with climate disasters, like losing one&#8217;s home and community, the prolonged emotional stress caused by the pandemic, financial pressures that come with loss of employment, increased social isolation, unhealthy emotional eating and reduced physical activity has taken it&#8217;s toll on our mental health. Our ASVB wellbeing values show us how much it&#8217;s worth to improve our wellbeing across each of these different areas.</p>
<p>But when it comes to the social wellbeing and mental health aspects of  &#8220;disaster recovery&#8221;, whether that disaster happens to be a flood, fire or pandemic, we&#8217;re primarily focused on increasing two things: people&#8217;s resilience and help-seeking behaviours.</p>
<p>The word &#8220;resilience&#8221; has become a bit of a catch-all phrase, but it&#8217;s really about having the capacity to recover quickly from difficulties. The flip side of this is to be able to recognise when you&#8217;re struggling and take steps to seek help. With so much work being funded in these areas, we felt it was important to look at the value these outcomes bring to people&#8217;s wellbeing.</p>
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<h3 id="section-1">Partnering with Mates in Construction</h3>
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<p>That&#8217;s why we were so excited to partner with Mates in Construction (MATES) to undertake this research.</p>
<p>Suicide rates in the construction industry are 80% higher than in the general working age population, with that resulting in the loss of a construction worker every second day to suicide. In fact, construction workers are six times more likely to die from suicide than an accident at work.</p>
<p>It was based on statistics like these that Mates in Construction was founded to deliver a research-based suicide prevention program specifically focusing on the construction industry. MATES has since diversified to deliver suicide prevention programs into the mining and energy sectors, and more recently into pilot programs in manufacturing and apprentices</p>
<p>MATES is a research-based organisation with its own Academic Research Reference Group who have developed extensive peer-reviewed evaluations of their program, demonstrating that the MATES program does save lives. MATES research indicates there&#8217;s been at least an 8-10% reduction in suicide since its inception in 2008.</p>
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<p>MATES values the work ASVB is doing to support organisations in understanding their contribution to wellbeing outcomes for individuals and communities. As an organisation we want tangible and real outcomes for the people, industries and communities we serve, and this can only be achieved through collaborative initiatives like this one where we support each other to improve program evaluation and measurement.</p>
<p>						<img decoding="async" class="blockquote__avatar" src="https://asvb-media.s3.amazonaws.com/uploads/2022/05/1-MATES-IN-CONSTRUCTION-2018.png" alt=""></p>
<p>						<cite>Program and Operations Manager MATES in Construction &#8211; Tu Boldeman</cite><br />
						<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 23.3 20.7"><path d="M0 14c0-2.1.5-4.3 1.4-6.7 1-2.4 2.5-4.8 4.5-7.3l2.5 1.8c-.4.4-.8 1-1.2 1.8S6.4 5.1 6 6.1 5.3 7.9 5.1 9s-.4 2-.4 2.9c.3-.1.6-.2.8-.2h.6c.6 0 1.1.1 1.6.2.5.2 1 .4 1.4.8s.7.8 1 1.3.4 1.2.4 1.9c0 .6-.1 1.3-.3 1.8-.2.6-.6 1.1-1 1.5s-.9.8-1.5 1c-.6.3-1.2.4-2 .4-1 0-1.8-.2-2.5-.5s-1.3-.8-1.8-1.4c-.5-.6-.8-1.3-1.1-2.2-.2-.7-.3-1.6-.3-2.5zm12.8 0c0-2.1.5-4.3 1.4-6.7.9-2.4 2.4-4.8 4.5-7.3l2.5 1.8c-.3.4-.7 1-1.1 1.8s-.8 1.6-1.2 2.5-.8 1.8-1 2.9-.4 2-.4 2.9c.3-.1.6-.2.8-.2h.6c.6 0 1.1.1 1.6.2.5.2 1 .4 1.4.8s.7.8 1 1.3.4 1.2.4 1.9c0 .6-.1 1.3-.3 1.8-.2.6-.6 1.1-1 1.5s-.9.8-1.5 1c-.6.3-1.2.4-2 .4-1 0-1.8-.2-2.5-.5s-1.3-.8-1.8-1.4c-.5-.6-.8-1.3-1.1-2.2-.2-.7-.3-1.6-.3-2.5z" fill="#52545b"/></svg>		</p></blockquote></div>
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<h3 id="section-2">Understanding the social value of Resilience &#038; Help-seeking</h3>
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<p>For those of you who understand the wellbeing valuation methodology used by the ASVB, you&#8217;ll know that our preference is to derive values based on existing national datasets. This helps to ensure the rigour of the dataset and that there is a large enough, nationally representative sample to use.</p>
<p>A small silver lining for us from the pandemic, was that additional questions were added to Wave 20 of the Household, Income and Labour Dynamics in Australia (HILDA) survey. This was a government response to try to further understand the impacts the pandemic was having on Australians.</p>
<p>The additional Coronavirus module in Wave 20 included a whole range of questions about how the pandemic had affected people; had they had the virus, how great was the general impact on their lives, did it effect their employment, their home life, their diet, their physical activity, alcohol and tobacco consumption, charity work, consumption of TV and streaming content, access to digital technology, social contact, social distancing. You name it, they asked it!</p>
<p>Thankfully for us, they also added a panel of four questions covering resilience and self-reliance as seen in the below image.</p>
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<p>Taken from the HILDA Wave 20 Self Completion Questionnaire</p>
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<p>The panel includes a 2-item version of the Connor-Davidson Resilience Scale (CD-RISC), questions <strong>a</strong> and <strong>c</strong> above. (Vaishnavi S, Connor K, Davidson JRT. 2007. An abbreviated version of the Connor-Davidson Resilience Scale (CD-RISC), the CD-RISC 2: psychometric properties and application in psychopharmacological trials. Psychiatry Research, 152: 293-297.)</p>
<p>The other two items, <strong>b</strong> and <strong>d</strong>, are drawn from the 46-item version of the Conformity of Masculinity Norms Inventory [CNMI] (Hammer JH, Heath PJ &amp; Vogel DL. 2018. Fate of the total score: Dimensionality of the Conformity to Masculine Role Norms Inventory (CMNI-46). Psychology of Men &amp; Masculinity, 19: 645-651).</p>
<p>When our partners Simetrica-Jacobs conducted the analysis of the data, they were able to derive a value for increased resilience based on the two items from the CD-RISC, but the analysis of how the two self-reliance items related to each other was less clear cut. They tried a couple of alternative specifications that involved question <strong>b</strong>, but found it did not really seem to have much of an influence. They made the decision to to just use the data from question <strong>d</strong> to reduce complication for our ASVB users when applying the value.</p>
<p>As the self-reliance questions were taken from an instrument originally relating specifically to attitudes among men, Simetrica-Jacobs looked at the impact on that specific group in the data, but didn&#8217;t find any significant differences between sexes, so again chose to not over complicate application for our ASVB users.</p>
<p>Both of the values derived had high statistical significance and passed Simetrica-Jacobs quality assurance processes.</p>
<p>As a result of only using one of the items from the self-reliance questions, we have decided to list this value as &#8220;Increased help-seeking&#8221; rather than &#8220;Increased self-reliance&#8221; as we feel this more accurately reflects someone having increased willingness to seek help when needed.</p>
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<h3 id="section-3">Applying the Resilience &#038; Help-seeking Values</h3>
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<p>If you are delivering programs such as mental health and suicide prevention programs, disaster recovery programs, or any programs that focus on creating the outcomes of increasing people&#8217;s resilience or the willingness to seek help when needed, these values are now available to apply within the ASVB Value Calculator.</p>
<p>If you&#8217;re already an ASVB Subscriber, please download the current version of the ASVB User Guide, for guidance on applying the Resilience and Help-seeking values.</p>
<p>For those interested in learning more about the ASVB and how you might use these values to measure the social impact of your programs, please get in touch on <a href="mailto:info@asvb.com.au">info@asvb.com.au</a>.</p>
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<p>		<a href="https://asvb-media.s3.amazonaws.com/uploads/2026/04/ASVB-User-Guide-Addendum-APRIL2026.pdf" download class="btn btn_outlined btn_download btn_icon-right btn_shadow"><br />
			<span>Download the most up-to-date User Guide <span>(7.4MB)</span></span><br />
			<i class="icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1920 1792"><path fill="#fff" d="M1280 928q0-14-9-23t-23-9h-224V544q0-13-9.5-22.5T992 512H800q-13 0-22.5 9.5T768 544v352H544q-13 0-22.5 9.5T512 928q0 14 9 23l352 352q9 9 23 9t23-9l351-351q10-12 10-24zm640 224q0 159-112.5 271.5T1536 1536H448q-185 0-316.5-131.5T0 1088q0-130 70-240t188-165q-2-30-2-43 0-212 150-362t362-150q156 0 285.5 87T1242 446q71-62 166-62 106 0 181 75t75 181q0 76-41 138 130 31 213.5 135.5T1920 1152z"/></svg></i><br />
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<p>The post <a rel="nofollow" href="https://asvb.com.au/2022/05/23/resilience-help-seeking-wellbeing-values/">Resilience &#038; Help Seeking &#8211; New Wellbeing Values</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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		<title>CSI INDICATOR ENGINE IS LIVE</title>
		<link>https://asvb.com.au/2022/04/04/csi-indicator-engine-is-live/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=csi-indicator-engine-is-live</link>
		
		<dc:creator><![CDATA[Min Seto]]></dc:creator>
		<pubDate>Mon, 04 Apr 2022 02:14:18 +0000</pubDate>
				<category><![CDATA[Social Impact & Value]]></category>
		<guid isPermaLink="false">https://asvb.com.au/?p=5603</guid>

					<description><![CDATA[<p>CSI AMPLIFY SOCIAL IMPACT Online Those of you who have been following the Centre for Social Impact&#8217;s (CSI) &#8220;Amplify Social Impact&#8221; (Amplify) project since it was first announced in 2018, are no doubt very excited by the launch of the Indicator Engine! For those of you who haven&#8217;t heard about Amplify, it is a $12M [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2022/04/04/csi-indicator-engine-is-live/">CSI INDICATOR ENGINE IS LIVE</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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										<content:encoded><![CDATA[<h3 id="section-1">CSI AMPLIFY SOCIAL IMPACT Online</h3>
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<p>Those of you who have been following the Centre for Social Impact&#8217;s (CSI) &#8220;Amplify Social Impact&#8221; (Amplify) project since it was first announced in 2018, are no doubt very excited by the launch of the Indicator Engine!</p>
<p>For those of you who haven&#8217;t heard about Amplify, it is a $12M project that incorporates &#8220;a suite of online tools, a set of research reports, and series of events across Australia that will help improve social outcomes in five important social issue areas: Housing, Education, Work, Social Inclusion, and Financial Wellbeing.&#8221;</p>
<p>&#8220;The online platform is an integral part of the overall Amplify strategy. It incorporates the following tools:</p>
<ul>
<li>Australia’s Social Pulse™ which reveals how we’re tracking in key social issue areas over time, across the country, and across cohorts;</li>
<li>Indicator Engine™ which helps organisations find the right indicators to measure so that they know when, where, and how they’re making a difference;</li>
<li>Yardstick™, the programs, outcomes, and impact database, which reveals the programs, strategies, and initiatives across the country that are achieving outcomes and impacts, providing opportunities for replication and improvement.&#8221;</li>
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<p>        <a href="https://www.csi.edu.au/news/media-release-csi-announces-bold-12m-project-catalyse-social-change-national-scale/" class="btn btn_shadow" target="_blank" rel="noopener">READ MORE ON AMPLIFY</a>    </div>
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<h3 id="section-2">Indicator Engine</h3>
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<p>In March 2022, the first tool from the Amplify Online suite was launched, and it seems to have really delivered something useful for the not-for-profit sector when it comes reducing the time and resources it takes to collect social impact data.</p>
<p>Once you&#8217;ve developed your Outcomes Framework, you no longer need to spend time digging around looking for appropriate indicators, you can instead use the Indicator Engine and simply select from the bank of validated indicators.</p>
<p>There is a Wizard/ Smart Assistant to guide you through the process of quickly and easily building your survey by prompting you to use suggested indicators. You also have the option of applying a framework from within the tool (more about this below), or you can manually build your survey from scratch by selecting from the indicator list or by adding your own custom questions. Whichever option you choose, it is so much quicker than if you were to build the equivalent survey in either Survey Monkey or Google Forms.</p>
<p>Once you&#8217;ve built your survey, you can then distribute it via email, set up as a kiosk (if service users were to complete the survey on an ipad in reception for example), or offline for those times when you&#8217;re working remotely without access to the internet.</p>
<p>Best of all they&#8217;ve launched the Indicator Engine at the perfect price point, with the majority of not-for-profits being able to access it for free or at low cost. So if your organisation is struggling with survey data collection I strongly recommend you take a look at the <a href="https://www.live.amplifyonline.csi.edu.au/home/">Indicator Engine</a>.</p>
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<h3 id="section-3">Yardstick</h3>
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<p>Added functionality will come online with the launch of Yard Stick, which will allow you to automatically analyse the data you&#8217;ve collected through the Indicator Engine. Yard Stick will also make it possible to benchmark against other programs being run around Australia that are measuring against the same indicators. So essentially you can compare different programs, cohorts, locations etc.</p>
<p><a href="https://amplify.csi.edu.au/amplify-online/yardstick/">Yardstick</a> is due to launch later in 2022.</p>
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<h3 id="section-4">ASVB &#038; Indicator Engine</h3>
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<p>You might be wondering why we&#8217;re so keen to support the Indicator Engine? In fact many people spoke to me concerned that Amplify Online would be direct competition for the ASVB. But this isn&#8217;t the case at all, the Australian Social Value Bank (ASVB) is still the only social impact measurement platform on the market that allows you to understand the social value that your program creates.</p>
<p>Some of our ASVB subscribers have struggled with using the free survey tools available, which, over the past six years, has lead to many discussions about building data collection into the ASVB platform. But there&#8217;s also a segment of our users who have invested in subscribing to paid social impact data collection tools, or who are obliged by their funding bodies to use specific platforms, so we didn&#8217;t want to introduce another data collection component to further complicate their existing stack.</p>
<p>During this time we&#8217;ve spoken to a number of existing data collection platforms to look at working in partnership; we&#8217;ve  discussed developing APIs to seamlessly connect with these other platforms, but the outcome data required to be entered into the ASVB Value Calculator is so minimal that it just didn&#8217;t seem like money well spent. We also found that a number of these organisations we spoke with just didn&#8217;t have the same values or goals that aligned with ours. But the crux of it is that we&#8217;ve been reluctant to invest in developing data collection functionality when there are so many platforms already doing this well, so we believe that every organisation should choose the data collection platform that best suits their needs.</p>
<p>With the launch of the Indicator Engine, we feel that this is a really good platform that has similarly aligned values regarding helping the not-for-profit sector to measure their social impact, with a focus on making it simpler and easier for everyone, whilst maintaining a high level of rigour. This is why CSI have gone to the trouble of pre-populating validated indicators and why the ASVB has built our bank of methodologically consistent wellbeing values. Both of these aspects of social impact measurement can be time consuming and influence the level of rigour of your end results.</p>
<p>We have started discussions with CSI to look at embedding the ASVB surveys as a framework within the Indicator Engine. This would make it very easy for ASVB users to build their surveys, by simply selecting the ASVB framework, then toggling-on the appropriate survey questions that align to the ASVB outcomes they wish to apply in their social impact calculations.</p>
<p>Once the survey data has been collected, this provides the evidence required to apply the ASVB values. The aggregated survey results can then be easily transferred into the beneficiaries table within the ASVB calculator.</p>
<p>Now this doesn&#8217;t in any way mean that ASVB users will have to use the Indicator Engine, it just means that if you choose to do so, it will hopefully be even easier with all of our ASVB survey questions prepopulated in the ASVB framework.</p>
<p>So if you&#8217;re a current ASVB subscriber and you&#8217;re already using the Indicator Engine we&#8217;d love to hear your thoughts. Otherwise watch this space, and I&#8217;ll keep you posted with our progress.</p>
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<p>The post <a rel="nofollow" href="https://asvb.com.au/2022/04/04/csi-indicator-engine-is-live/">CSI INDICATOR ENGINE IS LIVE</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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		<title>UNDERSTANDING THE SOCIAL VALUE OF DEVELOPING SOCIAL &#038; AFFORDABLE HOUSING</title>
		<link>https://asvb.com.au/2022/03/15/social-green-benefits-calculator/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=social-green-benefits-calculator</link>
		
		<dc:creator><![CDATA[Min Seto]]></dc:creator>
		<pubDate>Tue, 15 Mar 2022 00:35:11 +0000</pubDate>
				<category><![CDATA[Social Impact & Value]]></category>
		<category><![CDATA[What's News With ASVB]]></category>
		<guid isPermaLink="false">https://asvb.com.au/?p=5525</guid>

					<description><![CDATA[<p>SOCIAL &#038; GREEN BENEFITS CALCULATOR The revenue generated from operating social and affordable housing in Australia is insufficient to finance new social and affordable homes. As a consequence, the provision of social and affordable housing is dependent on government subsidy, internal resources or philanthropic grant funding to become financially viable. Social and affordable rental housing [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2022/03/15/social-green-benefits-calculator/">UNDERSTANDING THE SOCIAL VALUE OF DEVELOPING SOCIAL &#038; AFFORDABLE HOUSING</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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										<content:encoded><![CDATA[<h3 id="section-1">SOCIAL &#038; GREEN BENEFITS CALCULATOR</h3>
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<p>The revenue generated from operating social and affordable housing in Australia is insufficient to finance new social and affordable homes. As a consequence, the provision of social and affordable housing is dependent on government subsidy, internal resources or philanthropic grant funding to become financially viable.</p>
<p>Social and affordable rental housing does, however, provide a series of wider social and economic benefits (WSEB) that generate cost savings across public and private sectors.</p>
<p>This project involves developing a tool that enables social and affordable housing project proposals to estimate these project-specific, wider social and economic benefits, and in turn strengthen the business case for new developments. It will provide comprehensive economic justifications for the use of external resources that would assist new supply, arguments that more accurately reflect the social outcomes that occur through the provision of social and affordable housing.</p>
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<h3 id="section-2">WHO&#8217;S INVOLVED?</h3>
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<p>The Australian Social Value Bank has teamed-up with Swinburne University of Technology, Community Housing Industry Association (CHIA) and Shelter NSW to bring the Social &amp; Green Benefits Calculator project to life.</p>
<p>Swinburne University will take the lead, developing the Cost Benefit Analysis spreadsheet tool, which will include existing ASVB wellbeing values. We will continue to work with our existing partners, Simetrica-Jacobs, to undertake the research to quantify the associated environmental/ green benefits that will be included in the new tool.</p>
<p>The project is being managed by CHIA who will be assisted by Shelter NSW.</p>
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<h3 id="section-3">PROJECT OUTCOMES</h3>
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<li>An excel based module for estimating project specific direct WSEB arising from the tenure and housing affordability aspects of new social and affordable rental housing.</li>
<li>Australia specific estimates of household benefits from access to urban green space and / or property design features such as private gardens, balconies.</li>
<li>An excel based module for estimating project specific WSEB associated with wellbeing, environmental and climate impacts of new social and affordable rental housing developments.</li>
<li>A user / training module that provides guidance on how to use the two excel modules; and how to incorporate results in business case development.</li>
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<h3 id="section-4">GETTING INVOLVED</h3>
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<h4>FUNDRAISING</h4>
<p>We have already received grant funding from philanthropic sources and donations from other non profit organisations totalling $80,000. We are seeking support from government agencies, the private sector, and other non profits to get us to our goal of $140,000.<br />
There is no minimum contribution – all are welcome. Our goal is to hit our funding target by the end of June 2022.</p>
<h4>BETA TESTING</h4>
<p>If you are a Community Housing Provider and an existing ASVB Subscriber who would like to be involved in beta testing the new Social &amp; Green Benefits Calculator, please get in touch with Min on <a href="mailto:mins@asvb.com.au">mins@asvb.com.au</a>.</p>
<p>For further information about the Social &amp; Green Benefits Calculator please download the flyer below.</p>
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<p>		<a href="https://asvb-media.s3.amazonaws.com/uploads/2022/03/SocialGreenBenefitsCalculator-final.pdf" download class="btn btn_outlined btn_download btn_icon-right btn_shadow"><br />
			<span>Social &#038; Green Benefits Calculator Flyer <span>(1.6MB)</span></span><br />
			<i class="icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1920 1792"><path fill="#fff" d="M1280 928q0-14-9-23t-23-9h-224V544q0-13-9.5-22.5T992 512H800q-13 0-22.5 9.5T768 544v352H544q-13 0-22.5 9.5T512 928q0 14 9 23l352 352q9 9 23 9t23-9l351-351q10-12 10-24zm640 224q0 159-112.5 271.5T1536 1536H448q-185 0-316.5-131.5T0 1088q0-130 70-240t188-165q-2-30-2-43 0-212 150-362t362-150q156 0 285.5 87T1242 446q71-62 166-62 106 0 181 75t75 181q0 76-41 138 130 31 213.5 135.5T1920 1152z"/></svg></i><br />
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<p>The post <a rel="nofollow" href="https://asvb.com.au/2022/03/15/social-green-benefits-calculator/">UNDERSTANDING THE SOCIAL VALUE OF DEVELOPING SOCIAL &#038; AFFORDABLE HOUSING</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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		<title>WELLBEING VALUES UPDATED &#8211; 2021</title>
		<link>https://asvb.com.au/2021/10/11/wellbeing-values-updated-2021/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=wellbeing-values-updated-2021</link>
		
		<dc:creator><![CDATA[Min Seto]]></dc:creator>
		<pubDate>Mon, 11 Oct 2021 02:53:55 +0000</pubDate>
				<category><![CDATA[Measuring Social Impact with ASVB]]></category>
		<category><![CDATA[What's News With ASVB]]></category>
		<guid isPermaLink="false">https://asvb.com.au/?p=5575</guid>

					<description><![CDATA[<p>THE ORIGINAL ASVB WELLBEING VALUES The Australian Social Value Bank first went live in 2016. Our original set of wellbeing values were based on two data sets: The Household, Income and Labour Dynamics in Australia (HILDA) survey and the Journeys Home survey. The Journeys Home survey was the largest and most comprehensive longitudinal survey of [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2021/10/11/wellbeing-values-updated-2021/">WELLBEING VALUES UPDATED &#8211; 2021</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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										<content:encoded><![CDATA[<h3 id="section-1">THE ORIGINAL ASVB WELLBEING VALUES</h3>
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<p>The Australian Social Value Bank first went live in 2016. Our original set of wellbeing values were based on two data sets: The Household, Income and Labour Dynamics in Australia (HILDA) survey and the Journeys Home survey.</p>
<p>The Journeys Home survey was the largest and most comprehensive longitudinal survey of homelessness in Australia. It  was funded by the Australian Government through the Department of Social Services, designed by Melbourne Institute, and the fieldwork was undertaken by Roy Morgan Research.</p>
<p>Journeys Home was launched in 2011 and tracked the movements of 1700 Australians who identified as homeless or housing insecure.  Six waves of data were collected; wave 1 in 2011, with the next five surveys conducted at six-monthly intervals, with the final survey, Wave 6, completed in 2014.</p>
<p>All six waves of data were used by Simetrica-Jacobs to derive the original wellbeing values based on Journeys Home.</p>
<p>The HILDA survey is a household-based panel study that commenced in 2001. It follows the lives of more than 17,000 Australians each year, and is the only study of its kind in Australia. It is also funded by the Australian Government through the Department of Social Services and is  designed and managed by The Melbourne Institute. Roy Morgan Research have been appointed to collect the data for Waves 9 to 23.</p>
<p>The HILDA data contains information on many aspects of Australian life, including household and family relationships, income and employment, and health and education. Participants are followed over the course of their lifetime.</p>
<p>The original wellbeing values in the ASVB were based on the first 15 waves of HILDA data.</p>
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<h3 id="section-2">2021 Update</h3>
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<p>In 2021 our friends at Simetrica-Jacobs  used an additional four waves of HILDA data to run their regression analysis on so that the updated wellbeing values are now based on 19 waves of HILDA data. Incorporating this additional data means that the majority of the values will have increased, some by a lot, but some of the values  have in fact decreased.</p>
<p>For example, the wellbeing value for &#8220;Improved English language skills for non-native speakers&#8221; dropped in value by roughly 30%. We could hypothesise why this might be; for example increased access to improved technology like &#8220;Google Translate&#8221; making language skills less of a barrier, or perhaps an increase in government information being disseminated in a wider range of languages.</p>
<p>In truth we don&#8217;t really know why the social value of improving English skills decreased by so much, only that the data shows that was the experience of the Australians in the HILDA survey.</p>
<p>The values derived from the Journeys Home data have also been updated, but as there are no new waves of this survey, they have all been increased to adjust for CPI (Consumer Price Index). This is also the case for the secondary benefits included in the Calculator.</p>
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<h3 id="section-3">APPLYING THE UPDATED VALUES</h3>
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<p>The updated wellbeing values have already been integrated into the ASVB Value Calculator and will automatically be applied to any new calculations. Even if new calculations are performed retrospectively for programs that may have been delivered in previous years, the calculator will still use the current set of values. This is because social value should be calculated in terms of Net Present Value (NPV), or what the value of the program is now, in today&#8217;s context.</p>
<p>Previously finalised impact calculations in the tool should remain as they are, so be mindful that if you go in and edit an old calculation, it will automatically update using the current set of social values, which can not be reversed. Whilst this will generally result in greater total net benefits, there will be some instances where the total social value created by a program may decrease.</p>
<p>If you&#8217;re a current ASVB subscriber, and have any questions about how this may effect your calculations, please don&#8217;t hesitate to get in touch on<a href="mailto:info@asvb.com.au"> info@asvb.com.au</a>.</p>
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<p>The post <a rel="nofollow" href="https://asvb.com.au/2021/10/11/wellbeing-values-updated-2021/">WELLBEING VALUES UPDATED &#8211; 2021</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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		<title>NEW RELATIONSHIP VALUES ADDED TO THE ASVB</title>
		<link>https://asvb.com.au/2021/08/26/new-relationship-values-added-to-the-asvb/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=new-relationship-values-added-to-the-asvb</link>
		
		<dc:creator><![CDATA[Min Seto]]></dc:creator>
		<pubDate>Thu, 26 Aug 2021 01:55:06 +0000</pubDate>
				<category><![CDATA[Measuring Social Impact with ASVB]]></category>
		<category><![CDATA[What's News With ASVB]]></category>
		<guid isPermaLink="false">https://asvb.com.au/?p=5680</guid>

					<description><![CDATA[<p>One of our newest subscribers joining the ASVB community is Relationships Australia NSW. The core business of Relationships Australia NSW is about &#8220;Reshaping lives, one relationship at a time.&#8221; To really understand the social value of their work they felt that they needed to be able to reflect the difference it can make to people&#8217;s [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://asvb.com.au/2021/08/26/new-relationship-values-added-to-the-asvb/">NEW RELATIONSHIP VALUES ADDED TO THE ASVB</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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<p><span class="ac-designer-copy">One of our newest subscribers joining the ASVB community is Relationships Australia NSW. </span></p>
<p>The core business of Relationships Australia NSW is about &#8220;Reshaping lives, one relationship at a time.&#8221; To really understand the social value of their work they felt that they needed to be able to reflect the difference it can make to people&#8217;s wellbeing when they focus on improving the critical relationships in their lives.</p>
<p><span class="ac-designer-copy">To enable them to fully utilise the ASVB to understand the social value generated by their work, they funded the development of three new values to be included in the Bank:<br class="ac-designer-copy" />&#8211; Improved relationship with partner<br class="ac-designer-copy" />&#8211; Improved relationship with children<br class="ac-designer-copy" />&#8211; Improved relationship with most recent former spouse/partner.</span></p>
<p><span class="ac-designer-copy">These new Wellbeing Values were derived by our partners Simetrica-Jacobs, using waves 1 &#8211; 19 of the Household, Income and Labour Dynamics in Australia (HILDA) survey.<br class="ac-designer-copy" /><br class="ac-designer-copy" />These new values can be applied to any activities that create outcomes of improved relationships, such as relationship counseling, family mediation, parenting programs etc.<br class="ac-designer-copy" /></span></p>
<p><span class="ac-designer-copy">Our current subscribers will now find the Improved Relationship values in the drop down list within the ASVB Calculator. Please note that guidance to apply these values, including the corresponding survey questions have been added to the back of the updated User Guide &#8211; Addendum AUG 2021.<br class="ac-designer-copy" /><br class="ac-designer-copy" />We would like to extend a warm welcome to Relationships Australia NSW and a big thank you for contributing to the ongoing development of the Australian Social Value Bank.<br class="ac-designer-copy" /><br class="ac-designer-copy" />If there are specific values that you would like to have added to the ASVB so that you can value the work that you do, please get in touch to discuss what&#8217;s possible by emailing:<a href="mailto:info@asvb.com.au"> info@asvb.com.au</a>.</span></p>
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<p>		<a href="https://asvb-media.s3.amazonaws.com/uploads/2026/04/20260331-ASVB-Outcomes-List-Survey-Questions-APR-2026-1.pdf" download class="btn btn_outlined btn_download btn_icon-right btn_shadow"><br />
			<span>ASVB USER GUIDE <span>(477.8KB)</span></span><br />
			<i class="icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1920 1792"><path fill="#fff" d="M1280 928q0-14-9-23t-23-9h-224V544q0-13-9.5-22.5T992 512H800q-13 0-22.5 9.5T768 544v352H544q-13 0-22.5 9.5T512 928q0 14 9 23l352 352q9 9 23 9t23-9l351-351q10-12 10-24zm640 224q0 159-112.5 271.5T1536 1536H448q-185 0-316.5-131.5T0 1088q0-130 70-240t188-165q-2-30-2-43 0-212 150-362t362-150q156 0 285.5 87T1242 446q71-62 166-62 106 0 181 75t75 181q0 76-41 138 130 31 213.5 135.5T1920 1152z"/></svg></i><br />
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<p>The post <a rel="nofollow" href="https://asvb.com.au/2021/08/26/new-relationship-values-added-to-the-asvb/">NEW RELATIONSHIP VALUES ADDED TO THE ASVB</a> appeared first on <a rel="nofollow" href="https://asvb.com.au">Australian Social Value Bank</a>.</p>
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