This document is one of a series of practitioner notes on social investment published to complement Ipieca's Creating successful, sustainable social investment: Guidance document for the oil and gas industry, originally published in 2008 and reissued in 2017.
This practitioner note explores the challenges faced by companies as a result of increasing stakeholder demand for evidence-based reporting of social investment. It describes the need for better monitoring and evaluation (M&E) of social investment, how to design an M&E framework for social investment, and the need to strengthen reporting procedures to better communicate the company's performance both internally and to external stakeholders.