We help organisations to prove and improve the value of what they do to drive stronger decision-making and deliver better outcomes for their customers, clients and communities.
Our evaluation and impact assessment services focus on:
- Protecting and enhancing natural resources – climate change and valuation of natural resources.
- Total Contribution business strategies – value chain analysis of social, economic and environmental impact.
- Employment and skills policies and programmes – addressing social mobility and inequality.
- Creating social value – enhancing organisations’ approaches to social value creation.
We draw on the following tools and approaches when evaluating and assessing impact:
SROI was developed by the New Economics Foundation (NEF) in the early 2000s to bring broader social and environmental value into decision-making. Developed from traditional cost-benefit analysis and social accounting, it is an analytic tool for measuring and accounting for a much broader concept of value by placing all impacts in financial terms. Find out more here.
Outcomes evaluation is about measuring the actual change that has occurred, from a specific activity, on a range of stakeholders based on the principle of measuring what matters to stakeholders. Find out more here.
Cost-benefit analysis (CBA) is the most common mainstream approach to project appraisal. Social and Environmental CBA introduces the concepts of social value and/or environmental sustainability into the balance sheets of cost-benefit models. This is particularly useful for projects, programmes or policies that have both socio-economic and environmental components. Find out more here.
MCA is an appraisal technique that accounts for the role of economic, social and environmental factors in decision-making. Unlike CBA or SROI it does not require the monetization (monetary valuation) of social and environmental outcomes. It highlights trade-offs among competing interventions, competing interests at play, and competing objectives (social, economic, environmental). Find out more here.
LM3 was developed by the New Economics Foundation (NEF) as a simple and understandable way of measuring local economic impact. It is designed to help people think about local money flows and how their organisation can practically improve its local economic impact, as well as influence the public sector to consider the impact of its procurement decisions. Find out more here.
Bringing together NEF Consulting’s thinking, methodologies and services, we enable responsible businesses to identify and demonstrate the social, economic and environmental impact created through their supply chain and the activities within their business.Total Contribution helps organisations to develop and align strategies to maximise sustainable performance, and to prove their true value in the transition to a new economy. Find out more here.
We are passionate about training others in our tools and approaches as we believe this is an effective way to make a long-term impact.We offer a wide range of training including open training for individuals, in-house training for teams and both introductory and strategic-level briefings. Find out more here.
NEF Consulting offers tools and resources that can be used by charities, social enterprises and others to prove and improve the quality and impact of their organisation and projects. Find out more here.