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IS YOUR BUSINESS A FORCE FOR GOOD?
“Businesses that weave positive social and environmental practices into their DNA have the collective power to change our world for the better.
In our current times we need companies consciously using their business as a force for good WHILE making a profit more than ever!”
Sue Hyatt
Founder and Chief Impact Officer
Big Purpose Big Impact Ltd.
What Does Using Business as a Force for Good Mean?
Using business as a force for good means that a company is committed to creating a positive impact on society and the environment, in addition to generating profits. This concept is often referred to as the “triple bottom line,” which takes into account not only financial performance, but also social and environmental outcomes.
Your business can use its resources and operations to make a positive impact in so many ways. For example, you can:
- Treat your employees fairly and provide them with opportunities for growth and development
- Adopt sustainable practices that reduce your environmental footprint
- Promote diversity, equity, and inclusion within your organization and in your products and services
- Support local communities through philanthropic initiatives and partnerships
- Create products and services that address social and environmental challenges
- Ensure ethical and responsible sourcing and supply chain management
By adopting these practices, your businesses can not only contribute to the greater good but also enhance your reputation, attract and retain customers, and improve employee morale and productivity.
Can Your Business be a Force for Good?
Businesses of any size can use their resources and operations to make a positive impact on society and the environment.
Small businesses, in particular, can have a significant impact on their local communities. They may have closer relationships with their customers and stakeholders, which can enable them to better understand their needs and tailor their practices to meet them. Small businesses can also adapt more quickly to changing market conditions and incorporate new sustainability and social impact initiatives.
Larger businesses, on the other hand, have the resources and scale to implement broader social and environmental initiatives. They may be able to invest in more advanced technology, research and development, and partnerships with other organizations to drive innovation and create systemic change.
Governance
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Community
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Customers
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Environment
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Employees
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What is The Process Like?
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Retrospective Assessment
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Visioning and Alignment
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Good Strategy and Action Plan
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Social Impact Measurement
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Annual Impact Report
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