Experience level: 
Intended Audience: 
Paula San Pedro, Carlos Ballesteros

Social Impact Metrics. In search of a common language

The recently born Chair in Social Impact of Universidad Pontificia Comillas (Madrid-Spain) had developed a paper where 50 Spanish organizations and firms (multinationals, banks, startups, social entrepreneurship, not-for-profit, public administration, academy), set up a common proposal for social Impact measurement. In a world where ESG principles had become more and more essential, the "S" is somehow the Cinderella of the equation. Therefore this paper presents a common language, a consensus report on principles, framework, and social impact measurement for firms and organizations. The value proposal is, precisely, having reached a consensus between such broad scope with so different objectives and priorities.