QUANTIFICATION OF the SOCIAL VALUE CREATED BY FORMACIÓ I TREBALL FOUNDATION
Category: Impact Metrics and Capacitation
Goal: Quantify in monetary terms the social value created by Formació i Treball (FiT) Foundation, and standardize a methodology to be used by the third sector providing an accounting system to report their social value created.
Motivation: A research team from the Basque Country University (UPV) has developed a methodology to value and objectify the social value created by social enterprises. R4S has established a collaboration with the CSR Cátedra MANGO (ESCI-UPF) to implement this methodology in FiT, one of the biggest work integration social enterprises in Catalonia, in order to quantify in monetary terms the social value created by this organization. The ultimate motivation is to create and standardize an accounting methodology that can be used by other similar organizations.
Impact / Expected impact: A comprehensive methodology to quantify the social value for social enterprises. A report will also be published with the specific results obtained in FiT.
Partners: UPV (ECRI), ESCI (Cátedra Mango) and Formació i Treball
Execution period: Finished
Publications about this project: Social Value Analysis of the Foundation Formació i Treball (in Spanish)