# Social impact tool records over £50 million in social value in 2018

- Link: https://fundraising.co.uk/2019/01/25/social-impact-tool-records-50m-social-value-2018/
- Published: 2019-01-25T08:00:41+00:00
- Author: Melanie May

**A bespoke social value reporting tool to track and record the value of organisations’
social value efforts has measured an impact of over £50 million for clients spanning
law, construction, transport services and housing providers.**

[Impact](https://impactreporting.co.uk/) was created and built in-house by [Reason Digital](https://reasondigital.com/),
a social enterprise specialising in working exclusively with pro-social organisations,
after three years of research and development,

The web-based social value reporting tool streamlines how companies can capture 
and monitor business processes, assets or any organisational activity that has a
social or environmental benefit and produces real-time reports on its impact. This
process is completely automated and converts activity into meaningful social value
outcomes.

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Over the course of 2018, Impact has been used by businesses including DWF Law, Places
for People, and One Manchester, and charities such as [Breast Cancer Care](https://www.breastcancercare.org.uk/)
and NHS volunteering hub Helpforce. It has also been adapted for collecting a wide
range of evaluation data for New Philanthropy Capital.

Examples of recorded social value during 2018 include:

 *  DWF launched the DWF Foundation in November 2015 and they have given over £224K
   to 99 charities
 * From April 2018 over 42,000 Places for People customers took part in involvement
   activities and over 1,000 people have been helped into work, training or volunteering.
   Customers have saved £342,000 by accessing affordable loans and energy efficiency
   measures, installed between April and September, saving £85,000 on fuel bills.
   Frontline staff have logged details of 2,500 activities since April, designed
   to help customers
 *  One Manchester saved its housing customers £1m, invested £300,000 in community
   projects and created £6m-worth of social value through supporting people into
   employment, providing access to cultural and leisure activities to alleviate 
   social isolation, providing training and work placements to residents, and investing
   over £50,000 to expand businesses and support market traders in its areas

Matt Haworth, the co-founder of Impact and Reason Digital, said:

>  “We built Impact to sit at the heart of social value strategies for a range of
> charities and businesses. It offers all data in one place, so companies can immediately
> see the impact they are having. Ease of measurement allows the tool to empower
> users, encourage companies to improve their social value and help socially inclined
> staff assess their successes. “Impact started as a government funded project to
> explore a better way to measure social value. Following considerable development
> Impact boasts a team of social value experts who deliver our proven and feature-
> rich tool, which has gained traction within a growing client base. It’s a constantly
> evolving tool, developed in-house by our own developers, who frequently enhance
> its functionality.”

 * **[Fever-Tree commits to £1 million three-year partnership with Malaria No More](https://fundraising.co.uk/2019/01/31/fever-tree-commits-1m-three-year-partnership-malaria-no/)**(
   31 January 2019)
 * **[New Morrisons funding means CLIC Sargent can provide cash help if a child’s cancer return](https://fundraising.co.uk/2019/02/01/new-morrisons-funding-means-clic-sargent-provide-cash-help-childs-cancer-return/)**(
   1 February 2019)
 * **[New energy company pledges to give share of business to charities](https://fundraising.co.uk/2019/03/27/new-energy-company-pledges-to-give-share-of-business-to-charities/)**(
   27 March 2019)

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