The multiple social and ecological crises in 2020 so far have fuelled a lot of new interest in impact measurement. More than ever before people want to know how, and whether, their work results in desirable social, ecological, and economic results. I am a Champion for both Demonstrating Value and the Common Approach to Impact Measurement, because each distils dozens …
Case Study: Redbox Group
REDBOX Group has been offering interiors, office supplies and print solutions to its customers for over 30 years. The 35-person, London-based company’s values of ‘listen, care and deliver’ are at the heart of its approach to business. In a bottom line-driven market, REDBOX has always cared about social purpose and enhancing and measuring their social impact. Following a new product …
The Right Approach to Impact Measurement
Just when you got the hang of measuring your carbon footprint, things got more complicated again. Do you have what it takes to measure social impact the right way? There isn’t a single “right way” to measure social impact, but that doesn’t mean it’s a free-for-all. You can’t simply measure whatever you want and post it on your blog as …
When the Going Gets Tough, Invest in Evaluation
As winter turns to spring, the charitable sector in Ontario is grappling with a new provincial budget that puts funding pressure on a range of public services and deepens the social deficit—the gap between what people need, and what charities and government services can provide. Many charities are already searching the landscape for new funding options, worried they will otherwise …
Case Study: UN Principles for Responsible Banking
The United Nations Environment Programme Finance Initiative (UNEP FI) is a strategic public-private partnership between UNEP and the global financial sector, with a mission to support sustainable finance. Junxion was engaged to develop the global communications strategy for their newly launched Principles for Responsible Banking. The UNEP FI brings together more than 230 financial institutions including banks, insurers and investors. …
Purpose Was Never the Whole Story
Among the major trends in business in 2018 was the call for companies to embrace social purpose. Starting with Larry Fink’s widely cited letter to CEOs, momentum built as educators, consultants and conveners leapt to position themselves as the thought leaders of ‘the purpose revolution.’ On January 4, 2019, just shy of a year since Fink published that letter, PhD …
Unintended Consequences: B Corp Legislation in British Columbia
In a few weeks, the BC government will vote on a bill tabled by the BC Green party to create a new corporate form—the Benefit Company—based on the American model of benefit corporations. It’s a well-intentioned move, and has vocal support from several members of the local B Corp certification community, but it has some real and negative unintended consequences. …
Adding Value Through Impact Reporting
It took us a while to issue our own Impact Report but as vocal advocates for impact reporting we have to walk the talk! As the old journalistic adage goes: ‘Nothing like a deadline….’ Given we were invited to present a workshop on impact reporting at the 2018 Investor Circle – Social Venture Network conference on Bridging Profit & Purpose, we …
Showcasing Impact: A Fast, Cheap, and Good Approach?!
It’s a constant challenge for leaders of purpose-driven organizations to showcase their goals and demonstrate their impact for stakeholders. Here’s one approach, using simple dashboards. The problem for reporting managers and social entrepreneurs is that they must… craft a clear and compelling message, backed by data, about how they’re achieving their goals that is tailored to different audiences, and do …