Impact Measurement

Environmental issues typically involve various objective scientific studies. Practitioners may need to recognize the importance of science-based governance and embrace the core principles of pursuing human health and well-being when conducting environmental impact assessment.

The complexity and progress in impact measurement focus mainly on four critical areas: choosing appropriate tools, the stakeholder’s involvement, the controversy over standardization, and the development of frameworks for large-scale evaluations.

Social investing, merging financial returns with social impact, is growing rapidly. Fintech startups provide credible impact measurement tools, fostering transparency. However, greenwashing poses a challenge, necessitating comprehensive impact data.

The social enterprise sector in Australia is diverse. Social enterprises are facing significant challenges in communicating and measuring impact, but opportunities are arising to build capacity in impact measurement.

The case study shows how combining impact measurement and management improved after-care support for elderly patients in a UK health organization. Patient outcomes improved significantly through data-driven insights, staff training, and real-time feedback.

Several years ago, Think Impact made a subtle yet significant shift in the language used around their services. This influenced how they worked with clients and their approach to supporting clients to manage for better impact.