Business is a major driver of socio-economic impact – and socio-economic impact is a major predictor of business success, especially in the long term. As a result, companies are increasingly interested in measuring their socio-economic impact for a variety of reasons, ranging from reducing cost and risk to creating and capturing new opportunities.

The WBCSD’s Measuring Impact work-program aims to help business approach the challenges of measuring and managing their impact on society. 

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Towards a Social Capital Protocol

As the practice of measuring social impact evolves and gains momentum, companies are increasingly calling for a harmonized approach for businesses to measure and value their interactions with people and society.

WBCSD is now working to consolidate the business voice and convene a new platform for greater alignment across tools, frameworks and standards in order to develop a Social Capital Protocol. The Protocol aims to clarify best practice, scale up the positive impacts of business, and improve business credibility by integrating the consideration of social impacts and dependencies into performance management and decision-making.

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Download the Call for Collaboration »

Download the new publication: Social Capital in Decision-Making »

Measuring socio-economic impact: A guide for business

In addition to the WBCSD Measuring Impact Framework, more and more tools are being developed to help companies measure socio-economic impact, and it can be difficult for managers to compare and choose among them. The tools available today are incredibly diverse. They are based on different assumptions, they offer different functionality, they focus on different types of impact, and they suit different purposes.

The WBCSD's new publication Measuring socio-economic impact: A guide for business is intended to help companies navigate the complex landscape of socio-economic impact measurement, and select the options that work best for their business.

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WBCSD Measuring Impact Framework

Understanding the business contribution to society

The WBCSD Measuring Impact Framework, launched in 2008, was developed in collaboration with over 20 WBCSD member companies.

It is designed to help companies understand their contribution to society and use this understanding to inform their operational and long-term investment decisions, and have better conversations with stakeholders. 

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Kitrhona Cerri
Program Manager
Development Focus Area
Tel : +41 (0) 793679973
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Start the journey today

Measurement in action
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Social Capital in Decision-Making: How social information drives value creation
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Minera Alumbrera: Assessing the impact of mining activities on local communities in Argentina
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BT measures the social value of digital inclusion
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Proving and improving the impact of development partnerships – 12 good practices for results measurement
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KPMG International – Unlocking the value of social investment
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The Company in Society: Evolving a new role?

Lausanne, October 6-7, 2014
Hosted by the IMD Global Centre for Sustainability Leadership, WBCSD will present in a session on “The challenges and successes of valuing impacts in corporate value chains” alongside Nestlé, Kering, and other company representatives.

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Linking socio-economic impact and business strategy
London, May 20, 2014

This event, supported by the WBCSD, delivered important insights into how companies are using data regarding their operations’ impact on development to inform business strategy and decision making processes.

Event summary & recordings»

Measuring Impact, for Impact
London, May 1, 2013

WBCSD, Standard Chartered, Business Fights Poverty, and the Business Innovation Facility explored the challenge of finding meaning in measurement.

Event summary, recordings and presentations»

The what, why and how of measuring companies' socio-economic impact
Washington, DC, March 27, 2013

The answers to these questions and more were addressed at a dynamic event co-hosted by the WBCSD and the Aspen Network of Development Entrepreneurs.  

Read the event review»  

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