Definition of impact pillars and a Theory of Change (linking activities, outputs, and outcomes).

This forms the basis for SROI calculation by identifying material outcomes, indicators, beneficiaries, and assumptions aligned with UN SDGs and GRI disclosures.

Stakeholder consultations (i.e. can be during materiality assessment), focus group discussions (FGDs), workshops, and surveys are conducted to validate outcomes, confirm relevance, and inform assumptions used in the Theory of Change and SROI model.

Key stakeholders engaged include:
• Direct beneficiaries such as single mothers, youth, Indigenous communities, and other vulnerable or underserved groups;
• Indirect beneficiaries including households, local communities, and informal economic actors; and
• Delivery partners, implementing organisations, and relevant institutional stakeholders.

SROI calculation is based on Theory of Change datapoints, including pillar, activities, outputs or indicators, outcomes, data sources and frequency, and direct and indirect beneficiaries. The service includes baseline SROI ratios, target SROI ratios for defined time horizons, and adjusted SROI calculations reflecting deadweight, attribution, displacement, and drop-off, with ongoing tracking based on data availability and reporting frequency.

​Field, survey, and financial data are integrated using AI-assisted tools to support validation, recalculation of SROI ratios, and structured reporting through dashboards and aligned to formal international standards disclosures.

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For example, relevant international GRI Topic Standard: GRI 203 – Indirect Economic Impacts

Alignment Rationale:

Outcomes related to job creation, supplier development, SME support, and income generation are captured through the Theory of Change and quantified via SROI to reflect broader economic effects on communities and local economies.