Forecast Social Return on Investment Analysis: 2022-2026

About this report

Social Ventures Australia (SVA) conducted a five-year forecast Social Return on Investment (SROI) analysis, which is a forward-looking study that aims to estimate the future social and economic value that could be created through Redkite’s planned set of investments and activities.

SROI is an internationally recognised methodology used to understand, measure and value the impact of a program or organisation. It is a form of cost-benefit analysis that examines the social, economic, cultural and environmental outcomes created and the costs of creating them. It tells the story and value of change from each stakeholder’s perspective. The principles of this approach are set out in the Method section in the report.

This report aims to describe the key outcomes that Redkite is expected to achieve over the next five years (between 2022 and 2026) and to estimate, in monetary terms, the social return it will generate based on the investment in its services. The report will support Redkite in articulating its impact and enable its services’ continuous development and improvement. This work builds on Redkite’s existing theory of change, evidence base and outcomes framework to demonstrate the effectiveness and impact of its services.