How companies can measure their socio-economic footprint

Companies are increasingly incentivized to map out their socio-economic footprint, as that information becomes important to host governments, NGOs and even shareholders. And as more companies engage in partnerships for development, they want to track the successes or failures of those projects. 

So what’s the best way for companies to map and measure key socio-economic indicators?

The answer, it turns out, is not that simple. A plethora of tools exist, and companies must select the one that best matches their needs. 

In this exclusive Devex Impact webinar, “Measuring impact like it matters,” leading experts help companies navigate this complex landscape.  

Kitrhona Cerri of the World Business Council for Sustainable Development walked participants through the organization’s brief but brief but comprehensive overview of 10 leading measurement tools, which they profiled in a recent report. 

Helen Mant, vice president at the Initiative for Global Development, introduced igdIMPACT, a for-business-by-business impact measurement approach, which a number of its member companies are now using in Africa.

Participants asked real-world questions about how these tools operate on the ground and whether a single tool will emerge as an industry standard. 

Watch the webinar here and learn how companies can tackle their most difficult measurement challenges.

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About the author

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    Andrea Useem

    As Associate Editor and Content Director for Devex Impact, Andrea creates and manages cutting-edge content on the intersection of business and international development. An experienced multimedia journalist, Andrea served as leadership editor at the Washington Post and spent three years as a foreign correspondent in Eastern Africa reporting for publications including the Boston Globe, Dallas Morning News, and San Francisco Chronicle.

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