Impact measurement and evaluation

Galp monitors the performance of the projects we run in the community, evaluating the benefits generated for the surrounding areas.

The results analysed include the direct beneficiaries, the environment and the Company, with the goal of generating lasting and transformative benefits.

Galp aims to guarantee the just and fair allocation of resources, as well as optimising the results generated by each project.

The objective is to stimulate opportunities for growth and wealth generation in the community, in a context of shared value creation among all stakeholders.

Galp has adopted several evaluation and reporting methodologies for this purpose.

London Benchmarking Group

Our Organisations has been using the London Benchmarking Group (LBG) methodology since 2012, reporting our contributions according to the defined criteria. 

Motivation 2014 (€) 2015 (€) 2016 (€) 2017 (€) %
Donations 374,086 1,141,148 2,412,806 2,182,060 40%
Community investment 3,477,084 2,225,731 3,335,208 2.978,444 55%
Commercial initiatives 222,117 261,202 335,028 266,408 5%
Total 4,073,288 3,628,082 6,083,042 5,426,912 100%

 

Focus/subject 2014 (€) 2015 (€) 2016 (€) 2017 (€) %
Education 1,081,122 864,415 996,764 957,695 18%
Health 298,748 347,074 817,511 690,436 13%
Economic development 30,530 51,481 0 1,600 0%
Environment 192,292 14,485 938,205 772,678 14%
Art and culture 878,721 308,500 528,302 215,460 4%
Social well-being 1,480,894 2,031,806 2,139,817 1,931,617 36%
Emergency relief 10,000 10,320 0 0 0%
Other 10,980 0 662,444 857,425 16%
Total 4,073,288 3,628,082 6,083,042 5,426,912 100%
Management costs 221,412 319,898 291,433 296,938 5%
Total (with Management costs) 4,294,700 3,947,980 6,374,476 5,723,850 100%

 

Type of contributions - 2017 Total amount (€)
Cash contributions 4,334,481
Time: employee volunteering during paid working hours  872,231
In-kind giving: product or services donations, projects/ partnerships or similar  220,200
Management overheads 296,938

Social Return on Investment (SROI)

We evaluate our social projects using SROI methodology. This methodology is based on a cost-benefit analysis of the social value generated by the intervention of the organisation. This enables projects to be evaluated and selected, in order to invest in those that present greater impact potential.

Two projects were evaluated during the year:

  • Galp Solidária, with an SROI of €1: €1.3, meaning that for each €1 invested in the programme, €1.3 of social value was created;
  • Renovation of social facilities in the Lisbon region, with a €1: €2.22 SROI meaning that for each €1 invested in this initiative, a social value of €2.22 was created.
    Find out about the studies of these projects in more detail.

In 2017 we chose the Missão Up as a social project to be evaluated according to this methodology. This program, promoted by Galp since the academic year 2010/2011, has a SROI of € 1: € 3.14, generating € 3.14 of positive social impact for each € 1 invested.