What is social impact evaluation?

A systematic process that measures the changes (positive or negative, expected or not) that an intervention, program or project generates in a community or target group. At Innoval we combine quantitative and qualitative methods to produce rigorous and actionable evidence in Latin America.

What methodologies do you use to measure social impact?

Quasi-experimental designs (difference-in-differences, propensity score matching), theory of change, logical frameworks, SROI and advanced data analysis. Evaluations applied in more than 8 Latin American countries.

What are IFRS S1 and S2 and how do they affect companies in Costa Rica?

International sustainability and climate disclosure standards issued by the ISSB. In Costa Rica, entities regulated by CONASSIF must issue their first report in 2028 with data from the 2027 fiscal year-end, under CONASSIF Agreement 6-18 (v25, January 8, 2026). NIIF Ready implements the system in 4 to 6 months.

In which Latin American countries does Innoval work?

Costa Rica, Guatemala, Honduras, El Salvador, Panama, Colombia, Ecuador and Mexico. More than 120 projects for governments, private companies and international cooperation agencies.

Impact measurement · IFRS S1/S2 · Latin America

Impact measurement and IFRS S1/S2 compliance for decisions that matter

Boutique consultancy specialized in social impact evaluation, program measurement and IFRS S1/S2 compliance. More than 120 projects with governments, companies and cooperation agencies across Latin America.

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Member of the IFRS Sustainability Consultant Content Programme Our IFRS S1/S2 disclosure methodologies are aligned with the ISSB international standards and are verifiable by external auditors.

120+

Projects completed in Costa Rica and Latin America

8 countries

Years specialized in impact evaluation and sustainability

Since 2017

$2B+

In investment evaluated with auditable methodologies

Public and private

Trusted by

International cooperation, public and private sector

Innoval's assessment let us bring real numbers to the Board, not estimates. For the first time the conversation was concrete.

Risk Management, Regulated Financial Institution

We did not know the scale of the problem until we worked with Innoval. From there everything made sense: what we had, what was missing and where to start.

Sustainability Area, Financial Cooperative

For the first time we were able to show our board the real value of our social programs, with data, not narrative.

Social Affairs Department, Private Company

Specialists in impact measurement

We know that moment: you know you are generating impact, but you cannot prove it.

It is the gap between what you do and what you can demonstrate. Closing it cannot be improvised: it requires method, technical judgment and accumulated experience. That is what we do.

Senior teams working directly with you, no delegation to inexperienced analysts
Methodology auditable by regulators, donors and boards of directors
Local context in Costa Rica with reach across all of Latin America
Knowledge that stays in your institution, not on our server

How we measure impact

Impact does not travel in a single direction

Every organization generates value outward and, at the same time, receives risks from its environment. They are two distinct directions, and each one is measured differently.

From your organization outward

The value and footprint you generate

What your programs achieve and the trace your operation leaves on people, communities and territories. It is the impact you create and need to demonstrate.

We measure it with Impact Materiality · Corporate Social Footprint

From the environment toward your organization

The risks that affect it

How climate, regulation and sustainability put pressure on value, exposure and business continuity. It is the risk you must anticipate.

We measure it with Financial Materiality

Measuring just one direction leaves half the picture out. Innoval measures both.

Innoval Architecture

Four approaches. One single standard.

Four ways of looking at an organization's impact: what it generates, what affects it, the footprint it leaves and what strengthens it. The entry point is a maturity assessment.

What the organization generates

Impact Materiality

The social value your organization creates, and how to demonstrate it with evidence that withstands external scrutiny.

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2028 Report · 2027 Data

What affects it

Financial Materiality

Sustainability, climate and regulation turned into financial capacity. IFRS S1/S2 and double materiality.

View approach 03

The footprint it leaves

Corporate Social Footprint

The social and environmental trace your operation leaves, beyond your programs. HSE™ Core, eight dimensions, SROI method.

View approach 04

What strengthens it

Capacity Building

Executive training that leaves capacity installed in the team: Results-Based Management, IFRS S1/S2, applied AI and social measurement.

View approach

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Financial cooperative case

We did not know the scale of the problem until we worked with Innoval. From there everything made sense: what we had, what was missing and where to start.

Sustainability Area Financial Cooperative, Costa Rica

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Tool · IFRS S1/S2 · Free access

Quick IFRS S1/S2 Assessment

Evaluate in 3 minutes how prepared your institution is for the 4 TCFD pillars: Governance, Strategy, Risks and Metrics.

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Extended IFRS S1/S2 Assessment

30 detailed indicators, score by pillar, and the 3 most critical gaps in your institution, so you arrive at the first meeting with full clarity.

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