Formula
Social Impact Score = Weighted Score of Social Responsibility Factors (Diversity, Donations, Volunteer Hours, Ethical Sourcing)
Calculation Example
If a company scores 80 on diversity, 70 on donations, 60 on volunteerism, and 90 on ethical sourcing, Social Impact Score = (80+70+60+90) ÷ 4 = 75
Data Source
CSR Reports, Employee Surveys, Community Feedback
Tracking Frequency
Quarterly, Annually
Optimal Value
Higher is better; above 70 is ideal.
Minimum Acceptable Value
A low score suggests weak social responsibility efforts.
Benchmark
Industry benchmarks vary; social impact is subjective and depends on business model
Recommended Chart Type
Bar chart (to compare initiatives), Line chart (to track annual progress)
How It Appears in Reports
Displayed in corporate responsibility reports to track societal contributions.
Why Is This KPI Important?
Indicates how well a company aligns with ethical business practices and social good.
Typical Problems and Limitations
Measuring impact can be subjective; needs clear KPIs.
Actions for Poor Results
Increase community investment, improve employee volunteering programs, enhance ethical sourcing.
Related KPIs
Diversity and Inclusion Index, Employee Engagement Score, ESG Score
Real-Life Examples
A company increased its Social Impact Score from 60 to 85 by expanding community education programs.
Most Common Mistakes
Focusing on philanthropy without addressing ethical business practices.
