In a world facing serious challenges of inequality, climate change and wellbeing, organisations have a responsibility to act upon, and be responsive to, these challenges by purposefully making decisions that optimise positive impact.
Social Value International officially launched Principle 8: Be Responsive. This eighth Principle of Social Value is a management principle representing the need for organisations to respond to impact measurement data with concrete actions.
Be Responsive: Optimise the impacts on wellbeing of all materially affected stakeholders through decision making that is timely and supported by appropriate accounting and reporting.