sOCIAL RESPONSIBILITY
Improving social responsibility ensures that we can give back to society in impactful ways. Many of today's social and environmental issues require collective action to solve, no one organization can shoulder the burden of repairing peoples lives or the environment, alone. These are collective problems and they are immense and complex. Together we can create the conditions that provide hope and opportunities for people in need and sustainable corporate practices that help protect our environment.
Corporate Social Responsibility (CSR)
Providing socially responsible products and services provides a competitive edge to corporations. To win over consumers in today's market, businesses must participate in initiatives that benefit society and the environment.
By embedding CSR practices in to the core of business operations, shared value is created for business and society. Environmental and socially savvy consumers expect businesses to actively engage in the triple bottom line of people, planet and revenue.
CSR encompasses three types of activities currently being practised by organizations today:
- Environment,
- Philanthropy, and
- Ethical labour practices.
Companies that adopt and practice a CSR program are seeing the results in improved environmental and social outcomes, greater customer satisfaction, brand loyalty and better bottom lines.
We help companies create attractive CSR programs and have developed methodologies that will give your company the tools and knowledge to achieve maximum impact.
Our services include:
- a high level assessment of current practices,
- sustainability solutions mapping,
- developing clarity of the company's vision and goals for its CSR program,
- connecting companies with organizations that are in need of philanthropic capital; and
- conducting a SROI analysis to determine the financial impact of the CSR intervention.
Non-Profit and Social Enterprises
Non-profit and social enterprise organizations provide vital programs and services for society, mostly without the requisite finances and capacity to fully sustain services. Mobilizing innovative funding for these organizations requires courage to challenge the status quo funding mechanisms and take aim at achieving predictable and sustainable long-term funding.
We will help you achieve a long-term sustainable funding plan for your organization. Our tools include:
Social Impact Bonds (SIB)
We provide advisory services to help your organization prepare proposal submissions to government agencies and potential investors. We will review organizational capacity to deliver SIB ready programs and guide you through the steps to ready your organization to meet government and investor requirements as well as, create and enter a SIB contract.
Our services include:
- readiness and capacity assessments,
- SIB proposal creation,
- sourcing investment funds,
- government and investor relations,
- contract development, negotiation and monitoring, and
- intermediary services and outcome evaluation.
Throughout the SIB development process, our consultants will advise and guide you to implementing a SIB contract, structured to meet the needs of your organization and the preferred outcomes.
It is rare that an organization will be SIB ready when considering an application for SIB funding. We will help you get to where you want to be through consistent, professional advice.
Social Enterprise Development
Improving social outcomes includes the development of social enterprises that blend private enterprise philosophies with solving society's problems using innovation and creative products and program delivery. Our development process includes:
- an assessment of social enterprise readiness,
- clarification of social outcome(s) to be achieved,
- conducting feasibility studies,
- sourcing investors,
- creating business plans, including an investment pitch,
- measuring progress, and
- developing a Keys to Success roadmap.
