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Financial Risk Manag... |
Is social impact consulting only for NGOs or other firms also?
Student of Law
With time and growth, one thing is clear society belongs to all its components and they as a whole strengthen its being and essence. It is believed that the greatest societal impact can be achieved by contributions from all stakeholders in the game. Firms and NGOs have varied roles to play and contribute according to their resources, expertise, and human potential. Creating partnerships is at the heart of our social impact approach, and it is key to tackling complex social and environmental challenges. Maximization of social impact is being done by enriching and expanding partnerships, fostering system-level coalitions, and establishing social impact and sustainability as core competencies that are woven into business strategies and thus yield quantifiable returns. Check out the official websites of these companies to find out how they contribute to social impact - https://www.bain.com/about/further-global-responsibility/social-impact/ https://www2.deloitte.com/al/en/pages/strategy-operations/articles/global-social-impact-consulting.html
FSG, A Global Social Impact Consulting Firm FSG is a global social impact consulting firm founded in 2000 by Harvard Business School Professor Michael E. Porter and Mark Kramer. The firm’s mission is to help foundations make more impact per dollar spent. FSG has worked with The Kresge Foundation, the Toyota Mobility Foundation, General Mills, and the Robert Wood Johnson Foundation. The Bridgespan Group The Bridgespan Group is a social impact consulting firm founded by two former Bain employees in 2000. Since opening its first office in Boston, the firm now has offices in New York, San Francisco, Johannesburg, and Mumbai. Bridgespan works with donors, investors, and non-profits in a variety of areas within social impact consulting. McKinsey, BCG and Bain have there social impact consulting practices as well
KPMG Social Impact Consulting KPMG has a Climate Change and Sustainability sector which undertakes social impact consulting. Services offered include environmental impact assessments; carbon measurement, reporting and compliance; and environmental due diligence and compliance. KPMG works on ESG (environmental, societal, and governance), human rights, and social impact projects.
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