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integrate social value into planning

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Our Learning Library contains resources to give you the confidence to maximise your social value and impact from basic guides to best practices, helping you to stay ahead of the curve!

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Companies who love working with us

What does ESG stand for in business?

ESG stands for Environmental, Social, and Governance.

  • Environmental: This refers to an organisation’s impact on the planet, including factors like carbon emissions, resource usage, and environmental conservation efforts.
  • Social: This pertains to an organisation’s impact on people, encompassing its interactions with employees, customers, communities, and broader societal welfare.
  • Governance: This concerns how an organisation is governed and managed, focusing on aspects like transparency, ethics, and accountability.

ESG takes a holistic view of sustainability, recognising that it extends beyond just environmental concerns to include social and governance factors.

Why is ESG important?

ESG is important because:

  • It helps investors identify well-managed and sustainable companies, reducing investment risks and promoting long-term value creation.
  • It encourages companies to adopt responsible business practices, leading to positive societal and environmental impacts.
  • It enhances transparency, accountability, and trust between companies and their stakeholders.
Is ESG the same as social value?

No, ESG is focused on managing risk and compliance, whereas social value encompasses broader societal impacts and aims to create additional value beyond risk mitigation.

What is the difference between sustainability reporting and ESG reporting?
  • Sustainability reporting: Focuses on a company’s overall sustainability performance, including environmental, social, and economic aspects. It typically covers a broader range of topics beyond ESG criteria.
  • ESG reporting: Specifically focuses on Environmental, Social, and Governance criteria used to evaluate a company’s sustainability and ethical practices. It may be a subset of sustainability reporting, emphasising these specific areas.

“It was costly and hugely resource-intensive working with manual processes, so having a single tool that lets us collect, analyse and report on our social impact across all business areas is priceless“

Jamie Dickinson
Head of Social

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Breast Cancer Now's partnership with Impact has revolutionised their approach to care measurement. By leveraging Impact's intuitive platform, the charity collects real-time feedback from service users and volunteers, gaining invaluable insights into the effectiveness of their support services. With Impact, Breast Cancer Now can focus on delivering impactful improvements, ensuring everyone diagnosed with breast cancer receives the support they...

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“It was costly and hugely resource-intensive working with manual processes, so having a single tool that lets us collect, analyse and report on our social impact across all business areas is priceless“

Jamie Dickinson Head of Social
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