Business and capital have the power to be forces for good. Our social impact consulting team helps clients transform their core business to create positive economic, environmental, and societal impact in ways that are profitable for the long term.
Partnership is at the heart of our social impact approach, and it is key to tackling complex social and environmental challenges. We seek to maximize our own social impact by enriching and expanding our partnerships, fostering system-level coalitions, and establishing social impact as a core competency that is woven into business strategies and thus yield quantifiable returns.
Our social impact consulting drives major initiatives across a broad spectrum of global challenges to shape a better future. Our work is closely aligned with addressing and achieving the UN’s Sustainable Development Goals (SDGs).
We joined forces with the Rwanda Development Board to help the country attract private investors to create new jobs. As a direct result, more than $130 million was invested and 9,000 jobs were created; an additional 20,000 jobs were created indirectly.
We supported the Indian state of Haryana as they quickly and sustainably boosted the quality of education for millions of students, which led to an immediate 15% savings in the state’s education budget.
We created three principles to guide Africa’s COVID-19 response, based on our work supporting COVID-19 responses around the world and our broad range of support for governments in Africa.
Done right, ESG can drive positive social impact that reinforces a business’s competitive advantage and contributes to a better world.
BCG’s Rich Hutchinson talks about socially transformative businesses and how they can create competitive advantage while making a positive impact on the world.