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Photo: Standard Chartered
The next of the Business Fights Poverty 2014 Series shared insights and experience of utilising development impact data to inform business strategy and decision making processes.
Moderator: Lanre Akinola, Editor, FT This is Africa
A growing number of companies are measuring their socio-economic impacts to inform dialogue with their stakeholders in order to maintain license to operate, enhance the enabling environment, and strengthen corporate reputation.
The leaders are also looking for ways to link impact and business strategy – using socio-economic impact data to fuel product, service, and business model innovation and find ways of strengthening the value chain. Making this link is not always straightforward, and there is a need for companies to share experience and best practice, for example: