CSES

1. Definition of measurement of social performance

Define social values created by a diverse range of organizations including profit generating companies, non-profit organizations and public institutions, and measure the social value created by the corresponding entities

2. Purpose of measurement of social performance

Dissemination of the awareness of social values among members of the society

3. Goals of measuring social performance

- Define social values and develop performance indices reflecting characteristics of each organization
- Secure transparency and reliability of the standards for measuring social performance
- Fortify effective communication with internal and external stakeholders of the organization subject to measurement

4. Subjects of measurement of social performance

- Non-profit generating organizations such as cooperatives and corporations
- Hybrid organizations such as social enterprises and social ventures, etc
- Profit-generating companies such as limited companies, etc
- Public institutions such as public enterprises and government-supported institutions, etc.

5. Principles governing measurement of social performance

Accounting principles based on the convenience/cost of the concerned party
- Measure the conveniences and costs generated in the account of the interested party
Principles of applicable market standards - In principle, conversion of monetary value through estimation of market price
Conservative principle - Apply universally acceptable standards to ensure definitive standard value (proxy)