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A Standard for Social Impact Reporting
May 2014 | Research Report
Social enterprises, nonprofit organizations, and other institutions with a social purpose regularly document their work—for their funders, investors, partner organizations, and the public. But a lack of generally accepted reporting standards in the social sector means that no common format exists for these reports. As a result, reporting organizations waste resources trying to meet the varying demands of their different stakeholders, producing reports that cannot be compared with those of other organizations and that do not properly detail the organization’s impact because they too often focus on inputs and outputs. The Social Reporting Standard (SRS) offers a standardized reporting tool that can be used across multiple applications.