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By Liz Peters This holiday season, it’s not a hit movie ticket or must-have toy you should be concerned with getting your hands on: it’s a pass to IWBI’s SocialSustainability Summit in New York City. On December 13, this groundbreaking, full-day event will be solely dedicated to driving the future of socialsustainability.
However, a growing awareness of ESG trends has given rise to the concept of "stakeholder value," whereby the focus is on long-term valuecreation for customers, employees, society and the environment rather than just short-term value for shareholders. We have certainly seen this to be the case in the last two decades.
Focus areas Addressing social impact also involves a change in mindset, as organizations are often not used to thinking in this way. Employing a defined strategy forces a shift based on new perspectives, new definitions, and new tools. A strong social impact strategy can drive positive change and secure long-term success.
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