Social impact is a foundation of sustainability and fundamental to all organisations. Net Balance understands potential and actual social impacts - both positive and negative - and can design better projects, programs and even businesses to realise opportunities and mitigate risks.
Business is moving beyond using dollars spent as a measure of community investment. We need to determine the outcomes of that investment - the benefits to communities, employees and other stakeholders, as well as the reputational benefits and, in the case of business, the commercial return. Regulators are also requiring companies to demonstrate that they understand and are managing the social risks, opportunities and impacts inherent in their organisation. Net Balance works with companies to evaluate the social impacts and outcomes associated with their operations, programs and projects to mitigate risk and maximise opportunities.
Our not-for-profit clients engage us to assist with the development of strategy and partnerships, and to understand how they can better meet their social mission. We also work with organisations and government to build their internal capacity to measure and report impact. View examples of some of the work we have done for our clients.
We offer services across the following areas:
Strategy & program design
We work with clients to design strategies and programs to meet their social impact objectives, including:
- Community investment strategy and advice
- Program design and implementation
- Reconciliation Action Plan development and implementation
- Capacity building and mentoring
- Development of employee engagement programs
- Creating Shared Value.
Evaluation & measurement
The social impact team assists our clients to understand and manage their social impact, which generates value for both investors and society, including:
- Social impact measurement and evaluation frameworks
- Social Return on Investment (SROI)
- Program evaluation
- Measuring social and sustainable procurement
- Reconciliation Action Plan evaluations
- Shared value measurement frameworks.
Community & communications
Coordination and cross-sector collaboration is key to mitigating many of the seemingly intractable and persistent community challenges, our team can help you with:
- Partnership identification, assessment and brokering
- Collective Impact
- Stakeholder engagement
- Strategic communications
- Regional livability indicators and community resilience.
Why Net Balance
Since the Social Impact team began in 2008, we have grown to be the leading provider of social impact strategy and measurement services in Australia, with active assignments in almost every state of Australia and also in the UK.
Our highly experienced team consists of social researchers, accredited SROI practitioners, policy specialists, economists, communications and partnership specialists, community investment specialists and stakeholder engagement experts.
Our team includes two accredited SROI practitioners and licensed SROI trainers, Arjun Ravi and Rebecca Cain. Arjun and Rebecca lead our SROI training program which has serviced hundreds of participants from all sectors.
Learn more about the credentials of the Social Impact team.