With our Impact Assessments, Shujog adapts a holistic and multi-dimensional approach to the measurement of mitigative, adaptive, and recovery capacities that highlight the specific contributions of social enterprises and inclusive organizations in their communities.
Applicable to people, households, communities, geographies, and systems (social, ecological, economic), the complex theme of resilience speaks to the capacity to mitigate, adapt to, and recover from shocks and stresses in these various scales and units of analysis. Rigorous analysis of resilience requires substantial investment in the collecting and making sense of data. In the impact investing space, many social enterprises (SEs) contribute to resilience through the impact they create in their communities.
Impact Assessments follow Shujog’s proprietary methodology, which incorporates industry tools such as IRIS (Impact Reporting Indicator System) indicators and SROI (Social Return on Investment) metrics. This methodology marries impact creation with the financial health of enterprises and assesses changes according to Shujog’s analytical framework. The ways in which Shujog organizes both social and environment impacts also align with the multiple dimensions of resilience. Categories of social impact range from increased assets, income, health, knowledge, to social capital and many others. For environmental sectors, Shujog organizes impact across such categories as climate change, biodiversity, and land use, among others.
Measurements of resilience involve multiple scales and units of analysis. Examples of illustrative Shujog assessments that address various aspects of resilience include:
- Mapping out the impact created by an integrated vaccine company in the Philippines (via more efficient distribution channels, affordable pricing, and increased access for poor communities);
- Measuring the socio-economic and environmental gains created by a renewable energy company in Cambodia to reduce greenhouse gas emissions;
- Analyzing the impact (such as early diagnosis, treatment, and preventative measures) of a healthcare enterprise to reduce non-communicable diseases in India; and
- Quantifying improved livelihoods made possible by increased economic opportunities (as a result of SEs) to marginalized communities.
Instead of a purely academic exercise, Shujog assessments capture the various dimensions of resilience that SEs create (if applicable to their business model) and provide an effective tool for management to facilitate decision-making that maximizes impact.
James Soukamneuth, Associate Director of Research and Programs, Shujog
Nadine Fattaleh, Research & Assessment, Shujog