In 2023, international speakers were invited to a forum highlighting the importance of social value measurement.(Photo by Milly)  In the previous post, I talked about why social economy organizations in Korea — such as social enterprises, cooperatives, village enterprises, self-support enterprises, and social ventures — need to measure their impact. In this post, I’ll look at how these organizations are actually measuring the impact they create.   Korea’s representative approaches to impact measurement include the Social Value Index (SVI) and the Social Progress Credit (SPC) .   👀Social Value Index (SVI)   One of the government-led methods for measuring impact is the Social Value Index (SVI). The Korea Social Enterprise Promotion Agency, a public institution, has developed this index to assess the impact created by various social economy organizations.   In 2023, the Korean government officially announced the introduction of the SVI system. The...