Report your social impact with WELLBY reports

WELLBY Reporting

Showcase social value with our comprehensive WELLBY report

Impactly's WELLBY reports empower organisations to systematically evaluate and demonstrate how they create social value by improving participants' life satisfaction. And our efficient data collection and scientific methods help you showcase the profound impact of your intervention.

Social value as life satisfaction

Demonstrate your impact on participants' life satisfaction

WELLBY (Well-being Adjusted Life Years) reports are powerful tools for organisations aiming to measure and showcase the social value of their interventions.

WELLBYs can be used to correlate social changes, such as reduced anxiety and loneliness or improved self-esteem, in order to be able to understand how each of these changes impact the individuals' overall life satisfaction.

By utilizing WELLBYs, organisations can quantify changes in life satisfaction in a manner that is both scientifically rigorous and deeply meaningful to stakeholders, while enabling them to optimise interventions to maximise the impact on people.

How do we use WELLBYs?

Utilise scientific methods to showcase the social value of your intervention

Wellbeing as changes in life satisfaction

Impactly employs the "Subjective Wellbeing Valuation" method, where the effects of social interventions are quantified in WELLBYs (Well-being Adjusted Life Years). One WELLBY represents a one-point change in life satisfaction for one person over one year. This approach allows us to correlate the impact of various factors, such as reduced anxiety and stress, or enhanced self-esteem, to the individual's overall life satisfaction.

Based on years of international research

Life satisfaction is assessed using a straightforward question: "Overall, how satisfied are you with your life at the moment?" Respondents answer on a scale from 0 (not at all satisfied) to 10 (completely satisfied). This method, also used by the OECD, is easy to implement and interpret, while providing reliable data for analysis. Its simplicity ensures high response rates and clear insights into participants' wellbeing.

Calculate the impact on life satisfaction

By measuring life satisfaction alongside other wellbeing indicators, such as self-esteem or stress, we can calculate how these factors correlate with overall life satisfaction. This correlation enables organisations to evaluate, improve, and prioritize social initiatives that generate the most significant social value for participants. The resulting WELLBY reports offer a robust framework for understanding and enhancing the impact of social programs on wellbeing.

Bringing social value into the equation broadens the perspective of social change

Furthering understanding

Utilising WELLBYs provides better understanding of the profound social changes organisations create, and how these changes impact participants' overall life satisfaction, enabling organisations to refine their strategies and maximise the positive impact on participants' wellbeing.

Building trust

WELLBY reports provide the rigorous, data-driven evidence required to substantiate the effectiveness of social programs. This method ensures transparency and accountability, making it easier for organizations to build trust with stakeholders, financiers, and the communities they serve.

Improving decision making

Understanding the social value, enables organisations to make informed, strategic decisions, while providing a clear framework for financiers and decision-makers to compare and prioritise programs that deliver the greatest benefits to participants' life satisfaction and society as a whole.

Sucess stories

We empower our clients to demonstrate and maximise their social impact

Mind Your Own Business

With Impactly, we have optimized our possibilities of showing and documenting the impact, we create for and together with the boys, because we are now able to monitor the boys' individual development in real-time

Maria Kavita Nielsen

Founder and Director

Recovery Bulls

The fact that Impactly helps us measure the effects of our work is a huge help in order for us to prove our effect to collaborators, politicians and benficiaries, so we can continue to help people.

Even Ramsland

Founder and Director

Would you like to learn more?

Book a meeting with Johan

If you'd like to learn more about Impactly and how we can assist you in evaluating your social initiatives, you can book an introductory meeting with our CEO

Book today