Achieving the ‘S’ in your ESG (Environmental, Social, Governance) Strategy involves addressing social factors which impact your stakeholders, including:
A robust Social Impact Strategy plays a critical role in supporting businesses in achieving their broader ESG objectives. This integrated approach not only helps in building a sustainable business, but also creates long-term value for all stakeholders.
By addressing ESG criteria, Sustainable Development Goals (SDGs), and navigating social responsibility, a Social Impact Strategy becomes an invaluable tool for businesses striving to make a meaningful difference.
We believe that a Social Impact Strategy should be developed using a collaborative approach.
We will partner with your organisation, working collaboratively at Board and staff level – engaging employees and members of the community to ensure that your Social Impact Strategy is a living document, owned by your organisation.
After developing a Social Impact Strategy with 2into3, your organisation will have a defined Strategy that will enable your business to create meaningful change, build stronger relationships with stakeholders and contribute to greater sustainability.
The Central Bank of Ireland is introducing ESG regulations for Credit Unions. The development of a social investment strategy will help you achieve your social goals, as well as increase the level of loans taken. It will also help you engage further with your local community.
We can support your Credit Union to incorporate a social lending service into a broader social investment strategy, where individuals and institutions can leverage their financial resources to create meaningful social change, whilst achieving financial returns. This approach reflects a growing awareness of the interconnectedness between financial success and positive societal outcomes.
By strategically directing investments towards initiatives that generate positive social and environmental outcomes, businesses can make significant progress in achieving their ESG goals, creating value for both shareholders and society at large.
If you’re interested in achieving the ‘S’ in your ESG Strategy, get in touch with Denise Cranston, Senior Associate – Advisory & Funding at denise.cranston@2into3.com or on +353 86 855836.
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