Invest in Communities
Invest in communities: contribute resources to the communities within which the organisation operates and encourage and enable employees to do the same.
To what extent do you contribute resources to the communities within which you operate and encourage and enable employees to do the same?
Proactive companies are recognising the strategic relevance of community resilience to their short- and long-term success. Community resilience is a positive dynamic between social, economic, and ecological systems that ensures community wellbeing and effective responses to shocks and disruptions, such as fires, droughts, or economic crises.
This guide shares five in-depth case studies of companies engaging in partnerships for community resilience in South Africa. We distil the key lessons from these case studies for corporate managers who are planning or implementing partnerships for community resilience.
Developed by WBCSD and launched by the Social & Human Capital Coalition, the Social & Human Capital Protocol is an excellent starting point for recognising and leveraging people and relationships as drivers for sustainable growth. Divided into four steps (Frame, Scope, Measure & Value, and Apply), the Protocol aims to clarify best practices, boost the positive impacts of business, and improve business credibility by integrating the consideration of social impacts and dependencies into performance management and decision-making.
The Social & Human Capital Coalition has also developed case studies, sector guides, and a toolkit to complement the Protocol.
When it comes to community investment, often times practitioners take a predictive approach (where we expect A to lead to B and then C). However, this doesn't tend to align with the multi-faceted nature of sustainability issues. This article from the Stanford Social Innovation Review will help you to become familiar with the idea of developing a emergent approach to community investment. It is targeted at philanthropic foundations, but should be valuable for a diverse range of sustainability practitioners.
This toolkit is targeted at managers and mining professionals. It offers practical guidance and in-field engagement support. The tools include:
- Questionnaires to evaluate your local context,
- A material issues checklist,
- A template to track engagement,
- Sample maps to help assess your area of influence (AOI),
- A risk assessment tool, and
- A checklist and feedback form to supplement your stakeholder analysis.
While the guidance is specific to practitioners in the field of materials extraction, most of the tools - which can be downloaded separately - should be useful to practitioners doing stakeholder engagement in any industry.
This brief case from Business for Social Responsibility (BSR) demonstrates how mutual benefits can be derived by businesses collaborating with NGOs and communities to explore opportunities for investment. It explores how a non-profit organisation worked with a major mining company to develop a new approach to engaging communities, and helped shift the company's emphasis on investments in philanthropy towards a participatory approach to investments that satisfied both the company's and community's needs.
This quick primer on skills-based volunteering from Realized Worth. It offers insight into misconceptions about skills-based volunteering, as well as who it's right for and what it looks like in practice.
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