Benevity’s Sona Khosla will lead the initiative as Chief Impact Officer
CALGARY, Alberta, February 16, 2021 /3BL Media/ – Benevity, Inc., the leading provider of global corporate purpose software, today announced the formation of Benevity Impact Labs, an incubator and resource hub bringing new data, research and insights to help companies, nonprofits and individuals maximize their impact and authentically live their purpose.
“You can’t manage what you can’t measure,” runs the old business adage. Conversely, good metrics and data can help you make better management decisions, develop effective strategies and monitor progress.
Measuring sustainability, though, isn’t easy. While it may be simple enough to quantify the financial performance of a producer, a supply chain business, an economic sector or a local area, getting reliable data on the various aspects of their environmental impact or social contribution is far more complex.
The private, public, and social sectors have long been stuck on how to define the value of donated time – the inspirational stories and output reporting we’ve all relied on just don’t tell the whole story. Common Impact was ready for a better way, so we worked closely with the measurement experts at True Impact to move beyond outputs and look at the real value-add volunteerism – and in particular, skilled volunteerism – can deliver for communities.
by Matt Patsky, Jim Madden and Patrick Wollenberg, of Trillium Asset Management
In the ever-evolving landscape of Environmental, Social, and Governance (ESG) investing, the core philosophy of Trillium has remained the same since it was founded in 1982: provide for the financial needs of our clients while leveraging their capital for positive social and environmental impact in alignment with their values.
A new analysis gauges countries’ digital readiness
As businesses and governments worldwide scramble to adjust to social distancing, they are often turning to online tools, from webinar platforms to digital payments to social media for advertising. But as a new analysis from The Fletcher School at Tufts University shows, not all countries are ready for this new normal. Like the many other disparities laid bare by this pandemic, the digital divide is quickly becoming apparent.
Corporate sustainability has come a long way in the last couple of decades. Given the current climate and citizen mobilizations, any and all advances in this area deserve to be applauded.
But let’s talk about sustainability reporting for a moment. Because, quite frankly, we’re still seeing way too much fluff. And that’s worrisome. Stakeholders – whether citizens, consumers, investors, government regulators – you name it, now expect much more from corporate sustainability than simply a green beauty contest. It’s your job to deliver the goods.