2.5b What scale and type of social impacts are delivered by the Impact Economy, and how is this best measured? How do these impacts align to UK government priorities?

Background

DCMS recognises the impact economy, including impact investors, philanthropy and purpose-driven businesses, as a critical partner in delivering the Plan for Change and driving sustainable, inclusive growth. DCMS is working with the Office for the Impact Economy to develop the evidence base underpinning government support for the impact economy.

Next steps

Get in touch with [email protected]

Related UKRI funded projects

  • Qualitative impact assessment protocol for social impact investment (QUIPSII)

    Under the ESRC-DFID funded 'ART' project (Assessing Rural Transformations) a robust methodology and protocol for qualitative impact evaluation (known as the 'QUIP') was designed and piloted for use primarily by NGOs prom...

    Funded by: ESRC

    Lead research organisation: University of Bath

    Why might this be relevant?

    The project focuses on qualitative impact assessment for social impact investment, aligning with the question on measuring social impacts in the Impact Economy.

  • WISE Horizons

    WISE Horizons will inform and accelerate the transition to a new economic paradigm with wellbeing, inclusion and sustainability at its core. The project will create a state-of-the-art theoretical framework which synthesi...

    Funded by: Horizon Europe Guarantee

    Lead research organisation: UNIVERSITY OF YORK

    Why might this be relevant?

    The project addresses the transition to a new economic paradigm with wellbeing, inclusion, and sustainability, partially aligning with the question on social impacts in the Impact Economy.

  • MERGE - Measuring what matters: Improving usability and accessibility of policy frameworks and indicators for multidimensional well-being through collaboration

    Achieving the United Nations Sustainable Development Goals and the European Union's policies on environmental and social sustainability requires a comprehensive measure of human progress that does not focus solely on GDP...

    Funded by: Horizon Europe Guarantee

    Lead research organisation: UNIVERSITY COLLEGE LONDON

    Why might this be relevant?

    The project focuses on improving usability and accessibility of policy frameworks for multidimensional well-being, partially aligning with the question on measuring social impacts in the Impact Economy.

  • ToBe: Towards a sustainable wellbeing economy: integrated policies and transformative indicators

    ToBe aimsto build an understanding of a sustainable wellbeing economy by developing integrated policies and transformative indicators. We contribute to theoretical and empirical knowledge in the field of sustainability t...

    Funded by: Horizon Europe Guarantee

    Lead research organisation: UNIVERSITY OF LEEDS

  • A city led recovery through Total Impact visibility

    The coronavirus pandemic will have long-term consequences for the way in which society perceives value. Whilst the financial impacts may be clear, COVID-19 has also highlighted the dependency that we share on value creat...

    Funded by: Innovate UK

    Lead research organisation: ETHOS VO LIMITED

  • Centre for the Understanding of Sustainable Prosperity - Transition Funding

    What can prosperity possibly mean on a finite planet? Conventional models assume that being better off means a continual expansion of material wants and needs. That vision has defined the last one hundred and fifty years...

    Funded by: ESRC

    Lead research organisation: University of Surrey

  • University of Kent AHRC Impact Acceleration Account

    The aim of the AHRC IAA is to significantly advance the extent of our reach (scaling 'up'); the diversity of our beneficiaries (scaling 'out'), and the depth of the change (sustaining the impact). This will result in an ...

    Funded by: AHRC

    Lead research organisation: University of Kent

  • The University of East Anglia and Groundwork East KTP 24_25 R3

    To develop a 'GreenPrint' for effective community engagement that puts people at the heart of processes to address hardship, inequality and the impacts of the climate and nature crises. Evidenced by measurement of the so...

    Funded by: Innovate UK

    Lead research organisation: THE UNIVERSITY OF EAST ANGLIA

  • Change Hubs for Ecosystemic Social Solutions (CHESS)

    It is now widely accepted in Europe that we need new approaches if we are to tackle the systemic and urgent societal challenges we face - traditional technological or business innovation alone is not sufficient. ‘Social’...

    Funded by: Horizon Europe Guarantee

    Lead research organisation: SOCIAL INNOVATION EXCHANGE

  • CHANGE HUBS FOR ECOSYSTEMIC SOCIAL SOLUTIONS (CHESS)

    It is now widely accepted in Europe that we need new approaches if we are to tackle the systemic and urgent societal challenges we face - traditional technological or business innovation alone is not sufficient. ‘Social’...

    Funded by: Horizon Europe Guarantee

    Lead research organisation: THE INTERNATIONAL SOCIETY FOR PROFESSIONAL INNOVATION MANAGEMENT LTD