Social Impact is both an organizational objective and a measurable outcome. Social Impact organizations operate responsibly day-to-day and pursue long-term goals to solve society's most pressing challenges.

Examples of Social Impact organizations include innovative nonprofits, social enterprises and socially responsible businesses. Social Impact Organizations:

Create products and services that positively impact people and planet.  

Strive for operational standards that value people and their work.

Recognize a responsibility to the community and environment in which they operate.

Measure and share their impact with all stakeholders. 

Believe in the power of collaboration for mutually beneficial social impact outcomes.

 

 

 

 

Source: Northwestern University Kellogg School

 

Source: Centre for Social Impact