Sharing Best Practice Session on
Measuring Social Economic Impact in Practice
Companies are struggling to identify fit-for-purpose approaches to integrating social measurement, management and valuation within their organizations. Many tools exist and more are emerging; however, they are based on different assumptions, offer different functionalities, suit different purposes, and increasingly compete for uptake.
In an effort to address this gap, WBCSD has developed a Social Capital Protocol, a harmonized approach for businesses to measure and value their interactions with society. The Protocol aims to clarify best practices, boost the positive impacts of business, and improve business credibility by integrating the consideration of social impacts and dependencies into performance management and decision-making.
Speaker: Mr Filippo Veglio, WBCSD Director Social Impact