Understanding the social value and contribution to wellbeing
This study is part of a bigger body of work that Sport NZ is undertaking to understand social value and contribution to wellbeing, including the Sport NZ Outcomes Framework, the Māori Outcomes Framework – Te Pākē, the Subjective wellbeing work and the Social Value Bank.
The study also links to the economic importance of recreational physical activity in New Zealand (Economic Value of recreational physical activity) to estimate the economic importance of recreational physical activity in New Zealand. Combined, these two studies will provide Sport NZ with an overall estimate of social and economic value for the sector.
Sport NZ will develop guidance and principles for Sport NZ and organisations in the sector on responsible use of methods to estimate social impact, application of national results and practical steps to undertaking SROIs for the sector. This is expected to be undertaken in mid-2023.
The SROI will inform social value in the sector and for Sport NZ, will inform our cross-governmental conversations with evidence of social value and impact for the recreation sector. For our partners, the results of this study and localised case studies (currently in development at Sport NZ as part of the wider work programme), will enable our partners to better articulate their value proposition.