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Competing Discourses of Impact Measurement: Insights from the Field of Impact Investment

In: Social Impact Measurement for a Sustainable Future

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  • Jarrod Ormiston

    (Maastricht University)

Abstract

The diversity of social impact measurement approaches creates confusion for organisations on the purpose and rationale for measuring social impact. This chapter draws on insights from the field of impact investment to unpack how impact investors explain their rationale for engaging in impact measurement practices. Using discourse analysis, the chapter explores the competing discourses of impact measurement forwarded by impact investment funds in the United Kingdom. The analysis examines the ways in which impact investors justify and explain their use of impact measurement practices on their websites and in their annual report and impact reports. It highlights the need for organisations to appreciate the multi-disciplinary nature of impact measurement as they strive to address the Sustainability Development Goals [Relevant SDGs: SDG17: Partnerships for the Goals].

Suggested Citation

  • Jarrod Ormiston, 2022. "Competing Discourses of Impact Measurement: Insights from the Field of Impact Investment," Springer Books, in: Richard Hazenberg & Claire Paterson-Young (ed.), Social Impact Measurement for a Sustainable Future, edition 1, chapter 6, pages 101-128, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-83152-3_6
    DOI: 10.1007/978-3-030-83152-3_6
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