Clodagh Connolly of Business for Societal Impact on engaging corporates to maximise their positive social impact episode artwork

EPISODE · Aug 15, 2024 · 18 MIN

Clodagh Connolly of Business for Societal Impact on engaging corporates to maximise their positive social impact

from The Purpose Pod

"There are many committed businesses out there with a lot of power - that movement creates a place where the others cannot hide"Business for Societal Impact (B4SI) is a global membership network uniting close to 200 mid to high cap corporations in managing & measuring their shared value & intentional approach to positive social impact, with up to $3bn held in community investments. So how do you transition corporates into engagement with positive social impact without enabling Socialwashing? Join Global Director Clodagh Connolly and Richard Mullane for this wide-ranging 20 minute chat, including: - Why companies that articulate and measure their societal impact are primed to win the war for talent- The problem of ESG investment as a due diligence construct versus Impact investment as intentional and forward looking- How B4Si ensure transparency while mitigating greenwashing risks - Why corporates can no longer hide from social and environmental responsibilities- The implications of CSRD role out and where the costs will end up- Why double materiality is good for businesses- Why the right Social Enterprises and community organisations are perfectly placed to work alongside corporates like Nokia to help them transition- How to successfully engage with corporates to stand the best chance of channelling investment #Community investment #Social innovation #Social procurement #CSRD #corporatetransition"In the future the war for talent is going to be extraordinary across businesses"Business for Sustainable Impact (B4Si)B4Si September 2024 events: Bonn, London & New YorkDow Jones Sustainability IndexIberdrola: Promoting women's STEMNokia: Bridging the Digital DivideInvesting for Purposehttps://sdgs.un.org/goalsSocial Value InternationalGlobal Impact Investing Network (GIIN)Impact Frontiers Hosted on Acast. See acast.com/privacy for more information.

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Clodagh Connolly of Business for Societal Impact on engaging corporates to maximise their positive social impact

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