Social Return On Investment Study

This study continues to be at the forefront of national discussions about ascertaining the social value of credit unions which has resulted in additional social return studies of Irish credit unions being published in 2022 & 2023.

Social Return On Investment Study

Social Return On Investment Study

Social Return On Investment Study

In 2020, Donore Credit Union was the first credit union in Ireland to conduct a social return on investment study. This study continues to be at the forefront of national discussions about ascertaining the social value of credit unions which has resulted in additional social return studies of Irish credit unions being published in 2022 & 2023.
The key findings of the study showed that we generated an enormous social dividend during our 2018 -2019 financial year. For every €1 equivalent invested into Donore Credit Union, in the region of €10 of social value was created!
 
The Board of Donore Credit Union understands that the generation of social impact is the key differentiator between credit unions and the commercial banks. We have therefore made a formal commitment to track and report our social impact on a n ongoing basis.

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