Our mission is to direct resources to have the greatest impact, and leave no one behind.
To achieve this, we measure social impact through a common yardstick; measuring progress in terms of overall Wellbeing and identifying priority needs.
The problem we are working to solve
Until we measure beyond financial value, we will continue to make decisions at the cost of our personal, social and environmental Wellbeing.To truly measure progress, we must measure social value as well as financial value. Without both, we may unwittingly increase one to the detriment of the other.
Just as longitude is to latitude, we need social value and financial value to know that we are on track.
Working across the private and social sector globally, Huber Social holds ‘Wellbeing’ as the measure of success for humanity and works with organisations to measure and create social value. As an independent third party, Huber Social applies a universally applicable Wellbeing standard to determine the social value that an organisation has created and to identify how to maximise it.
Huber Social is dedicated to measuring what matters, so that resources can be directed to where they create the most social value.
Huber Social is gaining global adoption
GDP is a poor measure of progress, say Davos economists
At the 2020 World Economic Forum’s, Annual Meeting in Davos, IMF head Christine Lagarde, Nobel Prize winning economist Joseph Stiglitz, and MIT professor Erik Brynjolfsson all said GDP is a poor indicator of progress, and argued for a change to the way we measure economic and social development.
Looking for Longitude: Measuring Wellbeing
Just as longitude is needed alongside latitude, we need to measure Wellbeing alongside economic growth to navigate the progress of humanity.
How can we help?
Curious about how measuring Wellbeing can help your organisation?
Leave us a message and we’ll book in a 15 minute chat to help you get started.