SA HB 204:2022 provides guidance on the measurement and valuation of social impact, which is characterized as the overall effect of an initiative or change on the wellbeing of an individual or group. Sets out a principle-based framework for measuring social impact, including eight principles, and recommends developing an impact thesis and using a scientific method. Intended to help decision makers determine the appropriate choice of measurement approach in the context of decisions they need to make.
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DR SA HB 204:2021
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