why
Social impact is about the responsibility a company has for its people, stakeholders and society across the value chain.
This is an area with limited and low quality data informing decisions and practices. All within a context of rising demand and interest from investors, consumers and employees:
56%
Investors
56% of investors would reject an investment with people issues.
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78%
Consumers
78% of global north consumers care about sustainability.
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85%
Employees
85% of Gen Z and Millennials prioritise social impact and culture at work.
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Companies struggle to know where to direct energy and resources to meet this demand, given the lack of data, insights and benchmarks. There is a real risk of companies being accused of sustainability-washing without real meaningful action, and there is growing regulation from governments and industry bodies.