Let’s look at environmental, social and governance (ESG)
Environmental, Social, and Governance (ESG) are three factors that are used to evaluate the sustainability and ethical impact of a company’s operations. Environmental factors refer to a company’s impact on the natural environment, including its use of natural resources, greenhouse gas emissions, waste generation, and other forms of pollution. ESG investors look for companies that […]
5 Ways Businesses can support their Communities (and how it helps your marketing)
Volunteerism: Encourage employees to volunteer their time and skills to local charities or events. This can include organizing a team volunteering day or allowing employees to use company time to participate in community events. Sponsorship: Consider sponsoring local events or charities that align with your business values or goals. This can provide positive exposure for […]
What is Social Regeneration?
Social regeneration refers to the process of revitalizing and improving social systems and structures in a community or society. It involves addressing issues such as poverty, inequality, social exclusion, and other challenges that can lead to the deterioration of a community’s well-being and quality of life. Social regeneration initiatives can take many forms, such as […]
Businesses can benefit in several ways from supporting charities and improving their corporate social responsibility (CSR). Here are a few potential benefits:
Enhanced reputation: When a business supports charities and engages in socially responsible practices, it can build a positive reputation in the community. Consumers and employees may be more likely to view the company favourably, which can lead to increased loyalty, trust, and sales. Improved employee morale: Engaging in socially responsible activities can improve employee morale […]
Charities can now apply for an award of up to £5,000 from the Matthew Good Foundation as Grants for Good fund increases by 50%
Hull, UK: The Matthew Good Foundation has increased the amount it will award through its established Grants for Good programme from £10,000 a quarter to £15,000. All shortlisted charities will receive higher amounts, and the award for the winning recipient each quarter will go up from £3,500 to £5000. The Matthew Good Foundation is […]
Social Value and Social Impact: Understanding the Differences
Today, there is an increasing focus on the impact that businesses have on society and the environment. This has led to the development of two key concepts: social value and social impact. These two terms are often used interchangeably, but it’s important to understand the differences between them. Social value refers to the positive impact […]
There’s no accounting for Social Impact
As the world turned its sights on Social Impact, demonstrated by businesses and companies in the last year or two, and the term ESG (Environmental Social Governance) became commonplace, businesses have started to build this into their new plans. Why? Because Investors and lenders were demanding evidence of activity Customers and consumers insisted […]
Company Events With A Strong Social Impact: Effective Team Building Through Charitable Giving
Many companies organise charity events in order to give back to communities. As we’ve previously discussed, these events allow businesses to establish their social values while also boosting the physical and mental health of the volunteers. For that reason, many companies opt to package charity events as team building programmes for their employees. The sense […]
Social Impact or Social Unrest?
I look around at the myriad of pressures on society this month, ranging from the ever-higher home energy costs, car fuel costs, rising food prices, interest rate increases, and the apparent widening of the divide between those who can afford to live through this period, and those who will need help, and probably need to […]
The Social Value Tsunami is on its way, are you ready?
With Social Value now becoming monetised, both in Government, Local Government and now in the business supply chains, what can we learn? The larger Enterprise businesses already report on their Social Value activities, both Environmental and Community focus, and provide written and published statements Like GDPR before it, Social Value will cascade down the supply […]