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GIST Impact: Measure your social value
Driven by a mission to generate economic and societal change by accelerating careers in the data and digital sectors, we have partnered with GIST Impact to quantify and measure the social value of our apprenticeship programs.
What is SROI and why is it important?
Social Return on Investment (SROI) is a method used to measure the overall benefits of a program, capturing not only economic but also social and environmental impact. This approach enables organizations to assess the overall value created per £ invested, making it a key tool for understanding the full impact of social and environmental initiatives.
Who are GIST Impact and how does their platform work?
GIST Impact provides economic analysis and impact assessments, helping organizations measure and benchmark their SROI and contributions to the economy, environment, and society. Their insights provide the data needed to make informed decisions that align with ESG goals.
Supplying a comprehensive overview of our apprenticeship programs outcomes, GIST Impact's approach covers regions, demographics, and various social value themes. By using the Four Capitals framework, organizations can gain valuable insights into how apprenticeship programs contribute to economic growth, individual development, and social cohesion.
How can QA + GIST Impact’s partnership help you make the greatest impact?
The collaboration between QA and GIST Impact enables us to offer accurate impact tracking on our programs, using location-precise, time series data to help organizations measure and maximize their social and environmental contributions.
Drawing from models aligned with internationally recognized frameworks, we are able to provide in-depth analysis of the positive financial and regional impact of our programs in line with businesses ESG targets.
The view from QA
“QA and GIST Impact are paving the way for a future where the impact of apprenticeships can be measured beyond knowledge, skills, and behaviors, and the power of apprenticeships to transform local economies can be better understood and harnessed.”
Jo Bishenden
Managing Director, QA Apprenticeships
The view from GIST Impact
“We are incredibly excited to partner with QA to bring a new dimension to workforce development. Together, we’re offering companies the data and insights they need to align their employee development objectives with broader strategic and societal goals, ensuring sustainable growth.”
Sam King
SVP Corporate at GIST Impact
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