Geneva: Impact measurement - What's new?
Charitable organisations as well as impact investors are increasingly faced with the challenges of wanting and needing to show the outcome of their actions. In recent years various methodologies have been established to meet those needs. One overarching question often seems to hover over this debate: what is social impact, and how can it be measured?
Coming from a philanthropic approach or adapting entrepreneurial mechanisms to change things for the better still means that the outcome has to be monitored precisely. Charitable organisations focus mainly on the social impact preferably embedded within a whole community or regional context, whereas entrepreneurial activities often aim for a social and optimised financial return. Frequently investors and philanthropists are now looking to establish a balance between the two areas, creating a trade-off between social return on investment and a monetary one.
In this session, the panel and audience will look at best practice from different perspectives; consider how measurement and viable evaluation schemes can be implemented in daily project work; and introduce and showcase different reporting methodologies in use at the moment.
Chair: Dr Maximilian Martin, Global Head of Philanthropy, Lombard Odier
Intro: Prof. Henry Peter, Head of Geneva Centre for Philanthropy and John Pepin, Chief Executive, Philanthropy Impact
Panel: Prof. Stefan Sperlich, Geneva School of Economics and Management, UNIGE; Eric Berseth, Executive Director, Philanthropy Advisors; Prof. Zenda Ofir, Independent International Evaluator; Julie Wynne, Attorney at Law, Partner, FRORIEP