Measuring the impact of food rescue: A social return on investment analysis
Grace Clare,
Gradon Diprose,
Louise Lee,
Phil Bremer,
Sheila Skeaff and
Miranda Mirosa
Food Policy, 2023, vol. 117, issue C
Abstract:
Food rescue organisations in Aotearoa New Zealand help to reduce food waste and provide temporary relief to food insecurity. However, many of these organisations depend on donations and short-term philanthropic or government funding, which creates financial uncertainty and often requires them to demonstrate the impacts of their work with limited resourcing. While frameworks exist to demonstrate social value and associated monetary proxies like social return on investment (SROI), they are often resource-intensive and challenging to apply to multiple actors with different operating models like food rescue groups. This paper presents a SROI approach to measure the social value of three different food rescue models (Community Hub, Free Store, and Mixed model) in Aotearoa New Zealand. We describe how we adapted the seven guiding principles of SROI to explore how food rescue creates value for different actors in the food rescue process, including food donors, food recipient organisations, food rescue volunteers, and food rescue recipients. We used stakeholder interviews and quantitative data to develop nine primary outcomes. Financial proxy values were assigned to these outcomes, calculating an SROI ratio of NZD 4.5:1, indicating that an investment of $1 in food rescue delivers $4.5 of social value. This study adds to the growing literature on the impact of food rescue organisations and highlights the importance of taking a multi-case study approach to capture the true value created by this sector. Additionally, it emphasises the crucial role of food rescue organisations as ‘community connectors’ and their transformative potential in addressing food security issues.
Keywords: Social return on investment (SROI); Social value; Social impact assessment; Food rescue; Multi-case study (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0306919223000520
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jfpoli:v:117:y:2023:i:c:s0306919223000520
DOI: 10.1016/j.foodpol.2023.102454
Access Statistics for this article
Food Policy is currently edited by J. Kydd
More articles in Food Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().