B4SI News

Social Impact: A Global Mid-Year Perspective

Five themes shaping corporate social impact from B4SI’s global tour

B4SI recently wrapped a whirlwind social impact tour* with events in London, Melbourne, Madrid, and Washington, D.C.

Although the context differed across markets – from adapting to new sustainability regulations in APAC and Europe to policy and communications shifts in the US – the opportunity to come together in person allowed for recognition of how much global practitioners have in common. 

Remarkably similar challenges, ambitions, and questions about the future of social impact emerged across all events, with several core themes coming to light.

1. Managing increasing demand to prove social impact

This rang true everywhere. Between economic pressures and regulatory shifts, stakeholders are expecting companies to back up their community investment narratives with evidence of impact.

In Melbourne, impact was presented by members as the link to business purpose and commercial strategy, with examples of measurement being piloted on specific programmes before being rolled out throughout social investment and beyond. While attending the Conference in Washington D.C., participants from corporations and nonprofits emphasised the harm of the “more is better” mentality when determining the success of volunteer efforts. With this mindset, companies may be overly focused on counting hours rather than meaningful changes for the community.

This desire to see evidence of impact appears widespread, coming from both external and internal stakeholders.

2. Addressing social risks and opportunities

One of the key takeaways in London was that social impact is increasingly recognised as both a strategic risk and a competitive advantage. The recently released beta framework by the Taskforce on Inequality and Social-Related Financial Disclosures (TISFD) was top of mind and participants discussed the opportunity it provides to influence board and investor decision-making.

TISFD requires disclosure of how companies manage social-related dependencies, impacts, risks and opportunities. The beta framework outlines how improving wellbeing can also create “system-level opportunities for long-term value creation, associated with greater productivity, innovation, more stable societies and sustainable growth”, as well as how social issues create risks and opportunities at entity-level that may be operational, legal, reputational or commercial.

In Madrid, this topic was covered in depth, during a session titled The Future of Social: Strategic Risk or Competitive Advantage. B4SI Global Director, Clodagh Connolly, noted that when businesses only focus on risks, they miss half the picture. Many B4SI companies are already harnessing business opportunities, through strategic community investments, investing in social enterprises, and innovating for impact.

3. Aligning programmes to business priorities to strengthen the business case

Businesses are increasingly aligning their social impact efforts with business objectives, enabling them to tell meaningful stories and make the business case internally. This theme arose during all global events, highlighting how businesses across different industries are all having to justify their budgets and demonstrate how social impact activities contribute to workforce development and enterprise-level value creation.

Examples shared during the events included:

  • Incorporating assured community investment data into sustainability-linked loans, enabling access to more favourable financing rates.
  • Embedding community impact into commercial processes and business strategies by translating outcomes into the language of key internal stakeholders, including Finance, Marketing, and Operations, while keeping community needs at the centre of decision-making.
  • Tracking online candidate journeys and finding that prospective employees often move directly from careers pages to community investment content, highlighting the role of social impact in employer branding and recruitment.
  • Aligning community investment approaches to corporate priorities and strategic objectives, underpinned by the B4SI Framework.

This growing focus on alignment reflects a broader shift in the field: social impact is successful and financially viable when it is not seen just as a philanthropic activity, but as a strategic contributor to business resilience, growth, and long-term success.

4. Strategically engaging employee volunteers

Companies around the world struggle to engage employee volunteers and demonstrate to leadership that volunteering is valuable. Employee volunteering increases morale and belonging and can improve employee skills. Points of Light finds that 43% of employees left their positions due to a lack of belonging, underscoring the importance of engaging workers throughout the company.

Across discussions, skills-based volunteering emerged as a particularly effective approach. Rather than asking employees to volunteer in ways disconnected from their expertise, organisations are increasingly designing opportunities that leverage workforce strengths, while addressing community needs. Participants also discussed the importance of understanding barriers to participation, securing senior leadership support and creating flexible volunteering opportunities that fit different workforce cultures.

5. Evolving social impact measurement without reinventing the wheel

Across sessions, participants stressed that social impact measurement is a journey.

In Madrid, we heard from companies at various stages in the measurement process, with some discussing how they went from outputs to impacts. They emphasised the importance of understanding why you’re measuring impact and connecting impacts to the business case.

At the London session, participants stressed that you can’t measure everything, especially right away, and it’s important not to get lost in complexity or perfectionism with measurement.  Sticking to social impact principles and capturing robust impact data that demonstrates success against objectives will be more effective long-term than trying to capture everything in detail.

In Melbourne, a strong emphasis was put on the importance of collecting data with purpose, ensuring it informs decisions rather than becoming an end in itself, and making use of existing tools and templates as a way of starting and scaling efficiently.

Building lasting impact amid uncertainty

Between policy and regulatory shifts and a volatile geopolitical landscape, this can feel like a uniquely challenging time for social impact practitioners around the world, but it was reassuring to hear from many companies whose investment has stood the test of time.

Even the most mature social impact programmes may struggle to keep up with internal and external pressures, engage employees, and properly measure impact, but are able to stay the course through developing meaningful, business-aligned impact strategies, adopting manageable approaches to impact measurement, aligning with nonprofit partners, and collaborating and sharing challenges through forums like these.

During the Points of Light Business and Social Impact Forum, one panellist asked companies, ‘[when faced with external pressure] are you going to be a weathervane or commit to what you stand for?’. Clarity of what’s invested, why, and what impact it creates for society and for the business is the key to sustaining that commitment.

Would you like to engage in future events? Register for our Annual Conference:

B4SI Global Event: Moving Social Insight to Strategic Advantage

 

 

* In London, Melbourne, and Madrid, B4SI hosted events with Network members Capgemini, PwC, and Sage – generously lending their offices to facilitate each event. In D.C., B4SI attended the 2026 Points of Light Conference, presenting Proving the Business Case with Sage Foundation, and hosted a happy hour for attendees with partner IAVE’s Global Corporate Volunteer Council.

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