Do you want to start measuring the social and environmental impact of your organisation? Do your stakeholders ask you to account for your impacts and you don't know how to do it?
- Principles of Social Responsibility
- Main benefits of managing impacts for organizations
- Importance of measuring impacts for businesses
- How does Apambu help organizations in the management and measurement of impacts?
If you want to start measuring your organization's impact on society and the environment, do it with Apambu! We will help you select key indicators and build reports so that you can be accountable to your stakeholders.
Principles of Social Responsibility
Corporate Social Responsibility can be defined as a powerful management tool that allows a holistic view of organizations and integrates the five dimensions: Good Governance, Labor, Social, Environmental and Economic in its management and strategy.
In this respect, CSR is governed by five principles:
- Compliance with legislation: CSR implies mandatory compliance with current legislation in all areas, especially international regulations.
- Global and transversal: CSR is global, that is, it affects all areas of the organization, and is applied in all its processes and procedures.
- Ethics and coherence: CSR involves accepting ethical commitments between the organisation and its stakeholders with whom it relates and maintaining coherence between what is done and what is communicated.
- Meeting expectations and needs: CSR is oriented towards satisfying the needs and expectations of its stakeholders.
- Impact management: CSR is manifested in the proactive management of the impacts of the organizations' activities in the social, environmental and economic fields.
Impact management is one of the principles governing the management of Corporate Social Responsibility, and through its management, organizations seek to reduce or eliminate negative impacts and maximize positive impacts on stakeholders and the environment, to generate shared value with them.
Main benefits of managing impacts for organizations
For companies to improve their impact on society and the environment, it is essential that they are aware of their impacts and can measure them properly.
The benefits of managing impacts for organizations are:
- Encourages continuous improvement: By having information about its own impacts, the company is able to detect its areas of improvement and build a strategy for continuous improvement.
- Allows the generation of shared value: Knowing its impact, the company can implement actions that generate value for the organization, stakeholders and the environment
- Increases communication capacity: Once the company has the data on its impact, it can establish more transparent relationships with its stakeholders
Importance of measuring impacts for the company
In order to have an impact management model, organizations must have relevant information on both their negative and positive impacts and must know their scope and effects.
In short, it is essential that companies are able to measure the impacts, and thus later, having the necessary information, be able to design actions whose implementation allows them to minimize the negative impacts and maximize the positive ones.
To measure the impact, it is necessary to define the most relevant economic, social, environmental, labour and good governance indicators for the company, which will allow us to make the best decisions and advance in the generation of shared value, for the organisation and its stakeholders and the environment.
With Apambu, the process of collecting information to understand the impacts of the company is considerably simplified, since it allows the distribution of the information collection areas among different people and automates all the indicator calculations.
How does Apambu help organizations in the management and measurement of impacts?
Apambuoffers organizations the possibility of compiling all relevant information for sustainability management through indicators in the 5 areas (Good Governance, Economic, Labor, Social and Environmental) and the construction of a CSR strategy.
The application includes, among other indicators, the indicators necessary to respond to Spanish Law 11/2018 on non-financial information and diversity, or to the elaboration of equality plans according to Spanish Law 6/2019 on urgent measures to guarantee equal treatment and opportunities between women and men in work and employment.
Thanks to these indicators, the organizations will be aware of their economic, social and environmental impacts, but will also have a control panel to monitor their evolution. In addition, organisations will be able to export different reports with the results so that they can share them with all their stakeholders, if they so wish.
Apambu is an ideal technological tool to promote the continuous improvement in the organizations since it allows to compare the results of the indicators at different moments in time, to analyze their evolution, as well as to generate a diagnosis of the current situation of the organization with respect to the management of the CSR.
Moreover, thanks to its modular format and the possibility of choosing the volume of data to be reported, Apambu is useful both for companies that are starting in the process of impact management, and for those that already have a long history in this field and wish to work on their management through more efficient, agile and innovative processes.
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