Sustainability Consultancy

Impact vs. ESG

Impact and ESG are separate but often mistakenly merged concepts

Impact

Impact refers to the inherent societal value provided by a company’s core products or services.

A business is considered to be delivering “Impact” if its existence and operations directly contribute to societal benefits.

Examples include companies developing advanced carbon capture technology to address environmental issues, providing educational services to underserved communities, or creating breakthrough cancer treatments.

By measuring their social impact, organisations can track their progress towards their goals, identify areas where they can improve, and communicate their impact to their stakeholders

We help delivering social and sustainable impact

Delivering social impact often requires employing various strategies, such as advocacy, policy change, community engagement, capacity-building, service provision, social entrepreneurship, and philanthropy, to create positive change and improve the well-being of individuals and communities.

Social impact is an important concept for businesses, governments, and non-profits to understand. By measuring their social impact, organisations can track their progress towards their goals, identify areas where they can improve, and communicate their impact to their stakeholders.

Here are some of the benefits:

  • Making more informed decisions about future actions.

  • Tracking progress towards goals.

  • Identifying areas for improvement.

  • Communicating the impact realised to stakeholders.

  • Attracting funding and support.

However, one challenge of social impact has also been the measurement of it. How to effectively measure improved health, education, economic opportunities, or environmental sustainability when so many factors influence outcomes?

We are passionate about creating positive change in society. We want to contribute to building a more equitable, inclusive, and sustainable world. 

We bring a unique expertise in social impact and sustainability

For over 12 years, we have aimed to create systemic change by addressing the root causes of social problems and fostering sustainable solutions. 

We have been working with businesses, governments, and non-profits to develop strategies, policies, and programmes that address social issues such as poverty, education, health, human rights and environmental degradation. We are doing it through a multidisciplinary approach, incorporating business strategy, data analytics, stakeholder engagement, impact measurement, and a deep understanding of social and environmental issues.

We have been at the forefront of using data insight to better understand social issues and design evidence-based solutions.

Over the years, we have developed a deep expertise in applying advanced analytics including AI and machine learning algorithms to analyse social issues. We also have unrivalled impact management capabilities.

We evaluate impact in different ways depending on the specific issue or outcome being assessed. We typically combine a mix of quantitative data, qualitative assessments, and stakeholder feedback. Key indicators of social impact may include improved quality of life, increased access to resources and opportunities, enhanced social inclusion, positive environmental outcomes, and the overall betterment of communities and societies.