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2021 B4SI Benchmark
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LBG is the fundamental tool for strategic decisions on community investment providing the base for defining priority areas and budget allocations.
LBG allows us to quantify our contribution into an easily digestible format for different audiences. For example, our LBG data feeds into our annual reports, is published on our website and used to promote our community work on social media.
We only manage what we measure. For us, using LBG was the corner stone to evaluate objectively our investment in the community.
The LBG framework allows Myer to measure and track our corporate community investment in a focused and methodical way. Through LBG, our community investment has become quantifiable, feeding into our strategic planning and better equipping us to meet our community program objectives.
…our membership has proved to be invaluable. When we came on board the LBG team provided expertise and guidance to help us embed measurement systems and better manage and evaluate our community programs and strategic partnerships.
We joined LBG to understand what other companies are doing and how we compare, positioning us to improve our community programs and how we measure them.
Using the LBG model gives confidence to our key stakeholders that we are using a robust, globally, recognised framework to report on community and that critically, we are measuring the impact of what we do. Because of the many tangible benefits, we have been part of LBG for over ten years.
We can really compare results, not just internal parts of Siemens, but other companies as well. This allows us to benchmark better and improve our activities.
LBG is an extremely supportive network that strives to understand individual business needs to help create and develop meaningful responsible business strategy which can be embedded into wider company objectives. The LBG network is a great way to connect and share best practice with likeminded companies striving to do business responsibly.
Sage really values the relationship and partnership we have with LBG – through their help with are able to really assess and improve the impact Sage Foundation is having. Allowing us also to communicate to our colleagues and communities the work we are doing.
LBG provides the robust measuring and collaborative impact reporting framework. We have used the LBG framework to measure and understand our existing actives and to build our new strategy. Through it we developed an understanding of our outputs and started on the road to measuring our impacts. It provides a clear set of areas to measure and an clear framework to work from.