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Social Impact Assessment is a systematic approach to evaluating the social consequences of a business's decisions and actions. It includes the identification, analysis, and management of potential impacts on communities, stakeholders, and society overall with regards to environmental, social, and governance-related issues.
Level 1: Emerging
At an emerging level, you are beginning to comprehend Social Impact Assessments, aware of their importance in Environmental, Social, and Governance contexts, yet requiring guidance to conduct them effectively.
Level 2: Proficient
At a proficient level you are able to conduct thorough Social Impact Assessments, analyzing the effects of business activities on communities, and proposing strategies for improvement in alignment with ESG principles.
Level 3: Advanced
At an advanced level, you are proficient in conducting complex social impact assessments that integrate environmental, social, and governance factors to enhance organizational sustainability and stakeholder engagement.
Where is this capability used?
Environmental, Social, and Governance