How to measure social impact?


September 26, 2023

All our actions have social impact. It is one of the most important variables when formulating strategies for organizations. Directly or indirectly, every company has a relationship with society based on its actions; Measuring social impact determines the extent to which this relationship is harmonious.

It is no longer just a matter of achieving economic benefits, but of contributing to the well-being of society and achieving substantial changes in the conditions of people and the planet. It is necessary for each company to reflect on the type of social impact it wants to generate and the appropriate tools to achieve, measure and communicate it.

Thus, when planning and approving projects, the social impact must be investigated and measured before and during their execution.

One method for this is SROI (Social Return on Investment). This tool is based on the measurement of extra financial value – environmental, social and economic – that does not appear in conventional financial accounting. With it, organizations can evaluate the impact of their actions on their stakeholders as well as analyze ways to improve the management of activities and the performance of invested resources. In this way, visibility is given to social aspects that companies previously did not take into account and a value is given in a monetary language that makes it easier for organizations to measure their social impact.
At Cliclab, we are experts in the application of the SROI method. We have worked on several projects highlighting the importance of measuring and evaluating the changes generated by the actions of organizations in society. 


COMPASS: The Exhibition by Ademola Falomo. The Closing Party.

Come experience COMPASS: The Exhibition, an art showcase by filmmaker and artist Ademola Falomo that breaks boundaries. At its core, ´COMPASS´ tells a universal story that has captured hearts worldwide. This exhibition is a tribute to the quest of finding serenity, amidst chaos.

Don´t miss out on the last chance to enjoy COMPASS photographies, short-films and to talk to the artist about it´s creation.

Clic here to join the event.


Social impact, obligation or commitment?: Beyond words, real cases that are leading the change in technological innovation with impact.

We start 2024 with a new series of “round tables”!

On this occasion we invite you to a debate about social impact.

At Cliclab, we want to deepen and debate the importance of our activities, and how we transform ideas, projects, companies around the impact they generate on society. We will also talk about the sustainability of that impact through the environment, the economy, and the social sphere.

Likewise, we want to promote connections between sectors, origins, jobs, etc. Therefore, the round table will be followed by a networking cocktail.

The event will take place on February 8 at 6:30 p.m. at our headquarters
(Carrer Llibertat, 11).