
Social Value Canada – Newsletter November 2020
Hurrah for Edmond Michaud!
Breaking News! Edmond Michaud is now Canada’s first SVI Level 1 Associate Practitioner!
Level 1 Associate Practitioner status shows that the applicant has demonstrated theoretical competence in social value and impact management in line with the SVI Framework.
Based in Sept-Îles, Quebec, Edmond has been working at Hommes de Sept- Îles for over 8 years. Hommes Sept-Îles is a general hub of resources for men, providing individual interventions (distress situations and more), accompaniment, support, group meetings, a mobile men’s shed (woodworking), workshops for fathers and children, and a Maison Oxygène (housing for fathers and children).
We spoke with Edmond about this great achievement!
The SROI principle-based method appeared to be the most up-to-date, complete, relevant, and the most universally accepted / acceptable method of measuring impacts of organizations on their stakeholders.
The two main aspects of the Level-1 material that surprised me the most are : 1-the extent to which the stakeholders are involved in the whole process, compared to how few we instinctively think of involving them; 2-the extent to which any SROI analysis is part of an iterative process, leading to the need for more SROI analysis (being relevant for a continuous improvement mindset, instead of limiting the objective to convincing funders of the social profitability of our services).
I will find utility in getting some help to bridge the requirements of my MBA program (Applied Research Project) to the Levels 2-3 SROI accreditation. (As my ARP subject will be to perform an SROI forecast analysis on 1 or more of our services). I look forward for my SROI competences to help us improve the impacts of the services provided through our organisation, as well as other affiliated organisations at the local, regional and provincial levels.
I am part of a community mandated to create a new database for organisations housing fathers and children, and helping men in distress from a generalist organisational model. I am look forward for my SROI learnings to influence how this new database will be built. Ideally, I would like it to be “SROI ready”.
Well-being is often understood as a feeling that every human is supposed to know, share, experience and recognize. To a formidable extent, we have yet to learn what it means in so many places for so many people in so many different environments. SROI is a promising step towards showing us how close or far we are from this presumed understanding, and providing otherwise faraway cues on how to improve our offering of goods and services
Social Value in 2020; Five Key Milestones You Need to Know
Ben Carpenter, CEO of Social Value International writes in the Pioneer Post: game-changing standards to measure impact on SDGs, to better integration with environmental value: Ben Carpenter, CEO of Social Value UK and Social Value International, summarises some of the year’s most important milestones when it comes to social impact management. Click here to read full article.
SDG Impact Practice Standard for Enterprises
Businesses and investors are increasingly seeking opportunities to make positive contributions towards sustainable development and achieving the Sustainable Development Goals (SDGs) by 2030. The SDG Impact Standards have been designed to offer guidance as business meet that need.
The SDG Impact Standards provide a common language and best-practice guidance for integrating impact management into business and investment practices and decision-making with an eye towards positive and negative effects on people and the planet. SVI has offered insights and input into the overall SDG Impact Standard
More information about the SDG Impact Standards can be found here .
SVC AGM (2021)
With the growth in the number of Social Value Canada members, it is time for our AGM! Dates are to be announced in late April/early May 2021.
If you are not yet a member, now is the time to join. It is time to change the way the world accounts for value. Click here to become a member.