The Rexel Foundation releases the CBA Guide to measure the economic impact of social initiatives
Solidarity project
This news is related to the project :
26 December 2018
In partnership with social impact assessment experts IM(PROVE), the Rexel Foundation is providing social innovation leaders with a Cost-Benefit Analysis self-learning tool.
Because today’s social entrepreneurs and associations must be able to prove the financial value of their social action, the Cost-Benefit Analysis, which makes it possible to measure an initiative’s long-term profitability in concrete terms, represents a strategic asset in building a convincing argument for financial partners, both public and private.
The Guide to CBA provides a 5-step process illustrated with practical examples, and offers various areas of reflection as well as an assessment of the inherent workload associated with this approach. Designed to be simple and pragmatic, this guide enables any association or social enterprise to apply a thorough, proven assessment method.
The CBA Guide is a follow-up to the Social Impact Assessment Guide previously developed in partnership with (IM)PROVE and expresses the Rexel Foundation’s commitment to social entrepreneurs by enabling them to demonstrate the quantifiable impact of their social innovation projects.
