The spotlight on the social impact of companies is growing, both on a national level and on an international level. In Europa, the OESO guidelines and the UN Guiding Principles (UNGP) are considered to be the minimum that can be expected. But implementing these guidelines and principles is not so simple. What exactly applies to your business? How do you set the right things in motion? And what are the risks? We help companies shed light on these issues. By simplifying the material and by setting concrete goals, contained in a practical plan of action. In doing so, we also analyse the current impact of the company: how diverse and inclusive is the work environment right now? What kind of contributions count? And what kind of potential problems or areas for improvement are there at the moment? Let us show you how to integrate the right considerations into your business decisions. From ambition to action!
Transparency creates trust. Among employees, among customers, among investors. Communicating openly about your efforts regarding social impact is a way of demonstrating what your company or organisation does and what its goals are. Reporting obligations is also driven by new legislation and regulations. For companies, this means disclosure about their business practices. Transparency about how you do business and who with (value chain). What you are or will be responsible for. And what steps you are taking to improve things in the chain or otherwise minimise any negative effects. But it also means being transparent about what you are not (yet) doing at present. Because let’s face it: you can’t solve everything at once. Or on your own.
And you certainly don’t have to. Some matters are beyond your direct responsibility. Or necessitate a joint programme with business peers. In other cases, you weigh up the pros and cons from a business perspective: how much impact does one change have compared to another? Which initiative are you going for right now? Which instruments will you need? We always say: make a choice and opt for the strategy that is right for you, one that is realistic and achievable. A bold sustainability strategy not only helps the environment this way, but also optimises your own business model and processes. A win-win if you ask us.
As a business, you have the power to make a social impact. By not only being profitable, but also by being responsible within social and legal frameworks. Tailored to your business operations. Therefore, increasing your social impact starts with raising awareness. And the right motivation. And then it is time to put it into practice and take action. For example, by investing in diversity, inclusive leadership and a culture centred on equal opportunities. Also look beyond your ‘own company walls’ and support initiatives and projects that have a direct impact on creating a better society. Throughout the whole chain. And perhaps most importantly, be realistic about the steps you can take and be transparent about everything you do.
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