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Foreword
Liam Byrne, Minister for the Cabinet Office and
Kevin Brennan, Minister for the Third Sector
Government wants to strengthen the already powerful impact of third sector
organisations in our economy. We are also leading a new drive to transform our
public services.
While many third sector organisations have a powerful story to tell, the social and
environmental value of the impact being made is often underplayed. As we face
tough economic times, it is now more important than ever that we allow for better
recognition of those who create social and environmental value, leading to more
efficient movement of resources to the right people, in the right place, at the
right time.
This new guide to Social Return on Investment is timely, as it will help third sector
organisations to communicate better their impact to customers, government and the
public, through measuring social and environmental value with confidence, in
a standardised way that is easy for all to understand.
The guide should also underpin the thinking of commissioners and investors. For the
public sector, it will help show us what really matters to the people who use public
services and who benefit from third sector activity.
Ultimately, it is those in our communities in need of real help who will benefit.

Acknowledgements
This guide has been written by Jeremy Nicholls, Eilis Lawlor, Eva Neitzert and Tim Goodspeed, and
edited by Sally Cupitt, with additional contributions from Sheila Durie, Jenni Inglis, Karl Leathem,
Tris Lumley and Richard Piper.
Comments, guidance and advice were also received from the advisory group and from members of the
SROI Network. Thanks to the following members of the SROI Network: Helen Fitzhugh, Adrian Henriques,
Martin Kinsella, David Marshall, Kathleen Quinn, Kevin Robbie, Stephanie Robertson, Peter Scholten and
Sara Williams.
Thanks to the following members of the advisory group: Saeeda Ahmed, Gustavo Bagattini,
Simon Berry, Amitti CanagaRetna, Andrea Chauhan, Ken Cooper, Theresa Crawley, Elly de Decker,
David Emerson, Tracy Houston, Pradeep Jethi, John Kingston, Martin Kinsella, Alan Knight,
George Leahy, Liz Liston-Jones, Joseph Lowe, Fergus Lyon, Claire Michelet, Ralph Mitchell,
Penny Newman, Gerald Oppenheim, Akhil Patel, John Pearce, Tess Pendle, Matthew Pike, Martin Scott,
Oliver Sian Davies, Richard Spencer, John Stewart, Chris Walker, Peter Wells and Jo Wheeler.
Particular thanks also to Gustavo Bagattini and John Pearce.
A number of people and organisations have contributed to the development of SROI, started by
Jed Emerson and the Roberts Enterprise Development Fund, developed by nef (the new economics
foundation) and members of the SROI Network, and supported by, amongst others, the Hadley Trust,
the Adventure Capital Fund and the Equal Social Economy Scotland Development Partnership.

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