In 2011, Just Economics carried out a forecasted Social Return on Investment (SROI) analysis to quantify the social value created each year by an average Emmaus Community.
SROI is a form of cost-benefit analysis that measures the value of an organisation’s social, environmental and economic outcomes. Rather than looking at ‘returns’ to the State or the economy, it measures all of the most significant sources of value to individuals and local communities.
This makes it suitable for an organisation like Emmaus that creates value across an economic, social and environmental ‘triple bottom line’. The researchers talked to Companions and staff members in seven Communities across the UK to establish the main outcomes of Emmaus’ work.
They then calculated the value of each outcome to four main groups of beneficiaries: short-term Companions who stay at Emmaus for up to two years, long-term Companions, the Government and wider communities local to Emmaus.
The report finds that Emmaus Communities successfully provide a place for people in vulnerable housing situations to rebuild their lives by offering them meaningful work and support. Emmaus’ work has a potentially high rate of social return: for every £1 invested in an established Emmaus Community, £11 is generated in social, environmental and economic returns. This equates to an average of £2.2 million per Community, for non-trading investment of £198,000.
So in Sheffield, Emmaus Sheffield is a large contributor to the local economy and unlike the government would have you believe the homeless companions that live here are not a burden on the state, in fact they are a resource.
SROI is a form of cost-benefit analysis that measures the value of an organisation’s social, environmental and economic outcomes. Rather than looking at ‘returns’ to the State or the economy, it measures all of the most significant sources of value to individuals and local communities.
This makes it suitable for an organisation like Emmaus that creates value across an economic, social and environmental ‘triple bottom line’. The researchers talked to Companions and staff members in seven Communities across the UK to establish the main outcomes of Emmaus’ work.
They then calculated the value of each outcome to four main groups of beneficiaries: short-term Companions who stay at Emmaus for up to two years, long-term Companions, the Government and wider communities local to Emmaus.
The report finds that Emmaus Communities successfully provide a place for people in vulnerable housing situations to rebuild their lives by offering them meaningful work and support. Emmaus’ work has a potentially high rate of social return: for every £1 invested in an established Emmaus Community, £11 is generated in social, environmental and economic returns. This equates to an average of £2.2 million per Community, for non-trading investment of £198,000.
So in Sheffield, Emmaus Sheffield is a large contributor to the local economy and unlike the government would have you believe the homeless companions that live here are not a burden on the state, in fact they are a resource.
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