ALLVIEW launches the Social Return on Investment (SROI) guide to promote sustainability and social responsibility in the furniture and wood industry.
ALLVIEW partners launch the final version of the Social Return on Investment (SROI) guide, now available in English. The project stands out for its aim to promote high quality work in the furniture and wood industry, incorporating social aspects that generate a positive impact on the whole sector.
In a context where the interconnection between climate protection and social aspects is evident, the ALLVIEW project seeks to highlight the importance of assessing and communicating the added value of integration, sustainability and other related issues. This not only strengthens the reputation and competitiveness of individual companies, but also contributes to improving workers’ well-being, promoting fair wages, ensuring health and safety, and promoting diversity and inclusion.
The ALLVIEW project recognises that in the furniture and wood industry, where sustainable raw materials are used, consideration of the social and environmental dimensions is crucial. By addressing these challenges and aligning their practices with sustainability goals, companies can contribute to a more sustainable and socially inclusive future. In this way, ALLVIEW’s approach towards integrating social aspects into the assessment of the quality of work is a commendable step towards creating a responsible sector.
The ALLVIEW project’s social return on investment guide establishes a major guiding principle by introducing the concept of Social Return on Investment (SROI). This approach allows projects to be assessed not only in terms of their economic value, but also in terms of their social or socio-environmental impact. By assigning a monetary value to the non-financial results generated by a project or organisation, SROI provides a more complete understanding of the impact on various stakeholders, including communities, individuals and the environment.
In conclusion, the Social Return on Investment (SROI) guide presented by the ALLVIEW project is a valuable tool to promote sustainability and social responsibility in the furniture and wood industry. By considering social and environmental aspects, companies can contribute to a positive impact on their operations and society as a whole. The SROI represents a step towards a more equitable, sustainable and socially responsible future for the industry and its stakeholders.
