Mobilizing finance for corporate social impact: a primer for chief financial officers
Social impact refers to the positive and negative effects that businesses have on people and society through their operations as well as supply chains and through the products and services they provide. It isn’t just a feel-good issue – it shows up in your financial metrics.
Right now, corporate social impact strategies vary tremendously and the value they create for business and for society is poorly understood. There is no standard typology of social impact strategies or the financing solutions that make sense. And mainstream financial leaders in the corporate and the investment communities have, for the most part, yet to engage. As a result, in many companies, financing for social impact can be hard to find.