Applying an Equality and Equity Lens to Measuring Social Impact Outcomes

From Big Society Capital. Social inequalities were a dominant concern in 2020, as a result of Covid-19 and the resurgence of the Black Lives Matter movement. These events led to overdue conversations around how we address systemic injustice. Big Society Capital has put these discussions front and centre, looking at how they can contribute to greater equality. Within these approaches, embedding an equality and equity lens across how they manage and measure impact, is key. They launched their revised Outcomes Matrix, first developed in partnership with New Philanthropy Capital (NPC), Social Value UK, Investing for Good and Outcomes Star, and is hosted by Good Finance. It has been an important practical impact management and measurement tool within the social impact investment sector. The tool has helped more than 40,000+ Good Finance users to plan and measure their social impact. With this redesign, they aim to embed an equality and equity lens in the way organisations measure outcomes. Ensuring that reducing inequality is at the forefront of conversations, when organisations are managing and measuring impact. In this blog post they explore how they went about the redesign process, the three key changes we have made and why.