Companies funding charitable activities, volunteering with non-profits and giving product and service donations naturally wish to understand the impact they helped make. Reporting on social value is vital for communicating internally to employees, externally to stakeholders and for reporting back to the government due to the new requirements of Procurement Policy Note 06/20. Measuring and
The importance of validating social value and combatting greenwashing
An interview about social value and the dangers of greenwashing with the CEO of CSR Accreditation, Richard Collins whatimpact is proud to be in collaboration with CSR Accreditation, the only organisation in the UK delivering a globally valid CSR Accreditation scheme and a leader for promoting a global standard for social value. We had a
Which technology should companies use to manage social value?
We at whatimpact speak with tens of companies on a weekly basis about their social value strategies and goals. The practises and approaches to social value vary, but they all share one common dilemma: what technology should be used to make the most of these social value investments. There are various reasons for companies to
Social Value Act: social value matters for procurement
The Covid-19 pandemic brought with it a myriad of changes to our lives and society, from the way we shop to how we travel. A more unexpected change, however, is the implementation of much more concrete requirements for company social responsibility via the Social Value Act Enhancement. Arnab Dutt explains how the pandemic caused a
Climate activity: Saving our planet in small steps
Amongst ongoing news of climate devastation, it can be hard to see the climate action we as individuals can take to make a significant impact on this issue. The climate charity Possible argues that the answer to this question is actually more simple than we think – simply speak out in support of the planet!
How Social Responsibility Improves Bottom Line
Effective CSR increases the bottom line. Follow these five pieces of advice from industry experts and turn your CSR into ROI. Are Corporate Social Responsibility Programmes beneficial for the bottom line? It’s time to answer the question once and for all! whatimpact’s experts reviewed recent research literature and found that when run right, CSR