Measuring the non-financial performance of firms through the lens of the OECD Well-being Framework

Last updated: 2022

The conceptual framework supports organisations to measure their non-financial performance through the lens of the OECD Well-being Framework. It encourages national statistical offices (NSOs) to further develop and harmonise statistics on stakeholder well-being and sustainability.

Use this resource for the following Actions of Impact Management:

  • Measure, assess and value: Measure the well-being of stakeholders that operate within the operational boundaries of the organiastion, using the measurement framework and indicator set developed by the OECD.

Why and how investors should act on human rights

Last updated: 2020

This paper sets out how investors can ensure they respect human rights across all their investment activities, as defined by the UN and OECD.

Use this resource to:

  • Measure, assess and value: Understand the extent to which investors are facilitating human rights harm; the extent to which they could or should have known; and the quality of any mitigating steps.

Social and Human Capital Protocol

Last updated: 2019

The Social and Human Capital Protocol is a framework designed to assist organisations in identifying, measuring, and managing their impacts and dependencies on social and human capital. It provides a standardised approach for businesses to integrate social and human capital considerations into their decision-making processes, enabling them to better understand and manage their relationships with employees, communities and stakeholders.

This is a cross-cutting resource, meaning that it supports the internal impact management process as a whole, rather than one or a few of the Actions of Impact Management.

Standard on applying Social Value Principle 4: Only Include What is Material

Last updated: 2018

Standard and guidance on how to apply the fourth of SVI’s Social Value Principles.

Use this resource to:

  • Measure, assess and value: Follow the guidance to determine whether an impact is significant to people or the environment, requiring management.

Standard on Applying Social Value Principle 3: Value the Things that Matter

Last updated: 2019

Standard and guidance on how to apply the third of SVI’s Social Value Principles.

Use this resource to:

  • Measure, assess and value: Use the guidance to value impacts from the perspective of affected stakeholders. This standard emphasises the importance of using data collected directly from stakeholders.

Principles of Social Value

Last updated: 2015

The Principles of Social Value guide organisations in considering social value in decision-making, aiming to optimise value for all stakeholders materially affected by their activities. The practice standards help organisations to implement each principle to a point where they are accountable for their activities.

This is a cross-cutting resource, meaning that it supports the internal impact management process as a whole, rather than one or a few of the Actions of Impact Management.

Standard on Applying Social Value Principle 1: Engage Stakeholders

Last updated: 2019

Standard and guidance on how to apply the first of SVI’s Social Value Principles.

Use this resource to:

  • Identify: Use the guidance on identifying stakeholders and engaging with them to understand actual and potential significant impacts.
  • Set targets and plan: Use the guidance on identifying stakeholders, engaging with them, and collecting information to help shape strategy and objectives.