Impact Improvement Resources
Landlords must consider the many factors that contribute to a building’s energy efficiency, such as building design, base-building systems management, operation and maintenance, tenant build-out, and occupant behavior. Likewise, tenants who do all they can to reduce energy waste in their leased space may do little to improve the overall efficiency of a poorly designed or managed buildings.
Bonus programs provide financial incentives, which can increase employee satisfaction and financial well-being when the company is successful, and lead to a more engaging and positive work environment.
Establishing a community service program for your company can build teamwork among employees, enable staff to develop occupational skills, increase employee commitment and goodwill towards your company, create a vehicle for building new business relationships, and generate positive press and social media for your company.
A preponderance of academic research reports a positive association between socially responsible initiatives and economic success, particularly in recent years. That is, companies with strong social performance also tend to have strong financial performance. Involving your employees in these decisions can help boost job satisfaction as well.
If a company’s mission statement, values, or vision articulate a commitment to workers, communities, or the environment, then that company is projecting to its stakeholders the importance of these factors, in addition to its bottom line.
Hiring processes can reflect hidden biases that should be corrected to avoid discrimination and develop an inclusive culture. Employing people from underrepresented populations helps incorporate diverse perspectives into corporate decision making, which can improve profits, productivity, customer satisfaction, and community relationships.
Employee feedback is essential to improving worker productivity and engagement. By taking the measure of employee engagement an existing company can address its strengths and weaknesses.
Employee handbooks help employers to relay important matters and have a good defense towards claims. A company should see updating their handbooks as an ongoing process and an opportunity to stay up to date with new laws, regulations, and company goals.
Employee ownership allows employees, particularly those that are not executives or professional investors, to build wealth and equality share in the financial success of the business. Employee ownership can also align the interests of a company’s employees with those of the company’s shareholders, increase retention, and can be used to increase diversity in ownership of the company.
Energy efficiency is one of the easiest and most cost effective ways to combat climate change, clean the air we breathe, improve the competitiveness of our businesses, and reduce energy costs for consumers. The EPA found that organizations that regularly measure and track their energy performance achieve greater energy savings than organizations that don’t. Click to
With transparency into financials, all workers can help hold your company accountable to ensure budgets reflect your company’s mission and values. Sharing financial information with employees can improve productivity and performance when all employees understand the rationale for executing their roles and bear a sense of responsibility for success.
Employees that have access to healthcare are more likely to stay healthy, making them less likely to miss work or come to work sick. Providing healthcare benefits to part-time employees gives them access to affordable, quality healthcare even if they have other obligations (such as family care or education) that prevent them from working full-time.
When businesses work to influence social and environmental standards, the voice of the business community becomes louder and more difficult for policymakers to ignore.
Workers who are paid above a living wage can begin to afford safe and adequate housing, food, transportation, and other basic needs. By implementing a living wage policy, businesses can decrease staff turnover, reduce absenteeism, increase productivity, and strengthen recruitment. Click "View More" to see the Resource Guide for Living Wage & Wage Equity.
Studies indicate that internal promotions (vs. external hires) cost less in salary, and that internally- promoted hires tend to score higher in performance reviews. Internal promotion provides employees chances to grow professionally in their responsibilities and income-earning opportunities. It is also an excellent way to keep worker morale high while moving your company closer to reaching its mission.
Businesses that make an effort to diversify their leadership and suppliers help to expand wealth creation, increase the diversity of perspectives for strategy and decision-making, and may have access to unique preferential procurement programs.
Recycling not only benefits the environment, but it creates jobs in Philadelphia and can have bottom line benefits to your business.
Banking with a values-aligned financial institution is one way a business of any size can use its finances to support positive social and environmental impact.
More than one-third of private-sector workers don’t have access to a retirement plan through their workplace, and less than half of businesses with 50 or fewer employees offer such plans. That’s fueling a retirement savings crisis, because outside of employer-sponsored plans, Americans save virtually nothing. Retirement and pension plans are a valuable benefit that impacts the present and future lives of employees, helping them attain a more financially sound future.
There are many well-documented benefits to communities and to companies for choosing local, independently-owned suppliers. Click "View More" to learn more and find out how you can improve your efforts to screen and purchase locally.
Providing supplementary benefits rewards businesses that protect the well-being and financial security of their employees by providing benefits that go beyond traditional benefits like health insurance. These benefits reduce the cost of essential services to employees and their families and protect the employee and their family in the event of accident. Employees that have access to benefits which keep them healthy and well are less likely to miss work. Supplementary benefits can also increase company loyalty and productivity.
Successful businesses need to be efficient, well-managed, and customer-focused. They must also fulfill the expectations of their stakeholders, which includes demonstrating their commitment to the environment and society. A company’s polices will not be successful unless its staff know the goals they are aiming for and how to achieve them.
Several studies have shown that when you buy from an independent, locally owned business, rather than nationally owned businesses, significantly more of your money is used to make purchases from other local businesses, service providers and farms -- continuing to strengthen the economic base of the community.
As the lifecycles of goods and services includes many stakeholders, it becomes necessary for a company to ensure that its suppliers and its distribution channels take into account the social and environmental impacts of their policies and practices. Having a sustainable supply chain can reduce potential risks (environmental, reputational, and financial) and eventually increase profits for all stakeholders.
A Supplier Survey is used by a company to collect information from current and/or prospective suppliers to gage whether or not they satisfy specific social and environmental criteria that are meaningful to that company
Companies need to ensure that the staff member’s skills sets are in line with the increasing pace of economic and technological change in order to maintain business performance. The ongoing improvement of skills, through training and education, can: Boost productivity; Enable a company to attract and retain skilled labor; Create employee promotion opportunities; Improve standards of living; Increase innovation and adoption of new technologies or trends in the sector; Increase knowledge and learning; Create new ideas and increase research ideas
Establishing a community service program for your company can lead to the following benefits: Building teamwork among employees; Enabling staff to develop occupational skills; Increasing employee commitment and goodwill towards your company; Exemplifying company values of leadership and service; Creating a vehicle for building new business relationships; Generating positive PR for your company
If you have over 30 employees, it is good idea to conduct regular, anonymous surveys of your employees, to assure that they are satisfied with their work and the workplace and, more importantly, feel engaged in the enterprise’s success. Employee engagement is a concept that is generally viewed as managing discretionary effort; that is, when employees have choices, they will act in a way that furthers their organization's interests.
Implementing an Employee Wellness Program can be beneficial for a company because a healthier work force can reduce insurance costs and improve employee productivity. Employee wellness programs can help reinforce employee loyalty.
Learn about how benefits are defined within the B impact assessment and how to scope out your employee benefits plan.
Whether you’re looking to improve your company’s current practices or just getting started, there are a few key elements that go into building a successful Diversity & Inclusion (D&I) program for your workplace. This guide will help you to identify and establish the core building blocks of a purposeful and productive workplace D&I program.
The Impact Planner is a tool to help you develop a plan to incorporate new or improved positive business practices into your business. It helps you identify which practices you want to build an implementation plan around, and to map out the necessary key activities and target due dates for each one. To use this tool, Click "View More" to download the Excel template and review the instructions tab. Then begin filling in the other tabs of the spreadsheet with the positive business practices you want to integrate or improve upon, until you have a plan outlined for each one. This workbook is meant to be a business management tool that can be used in an ongoing way: revisit it once a week, every two weeks, or once a month to make updates and stay on track toward meeting your goals. You can even pull in other team members by assigning owners to individual tasks to help your implementation process, and to involve other employees of your company in building a business that is a force for good for Philadelphia.