Thursday 28 April 2022

How Environmental and Social Responsibility can drive Growth and Impact in Your Business

The assessment of social impact gives founders the resources they need to build successful businesses. Impact assessment offers desirable proof points on how to unlock the huge impact capital. Social entrepreneurs want clarity regarding the impact operations of the company. However, they feel confused and overwhelmed about where to start the process. The expectation is that the cost of impact assessment will exceed the modest budget. ImpactableX simplifies impact assessment by offering a primary modeling framework. The framework generates standardized, quantified, and verified impact analytics. Our impact modeling criterion was designed by an award-winning company. ImpactableX makes it easy for founders to measure the impact created under different growth scenarios. We can help our clients to make decisions that will maximize impact and revenue.

The framework used by ImpactableX is applicable under any institutional model, level of impact, and development stage. The inputs to the model can get revised as sales estimates evolve and as new data gets collected. The objective is to have a better understanding of the consequences of change to impact. The approach we use to assess the impact created offers more than the static quantification snapshots. It offers a centralized, dynamically evolving, and consistent tool for impact management. ImpactableX helps founders through three components to impact assessment. We start by defining the primary impact metrics of the company. They are the measurable impact units that provide the drivers of the value proposition of a company.

ImpactableX aligns the deduced metrics with the accepted global standards, such as IRIS+, SDGs, IMP, and B Certification. The objective is to make sure that everyone is measuring similar units and driving towards the same goal. Attribution is the stage at which ImpactableX measures the contribution made by the company to a problem. We measure the changes attributable to the intervention of the company. Our social impact assessment tools may be what your company needs for profitability, likability, success, and growth.

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