social impact
Society-wide ripple effect
Social impact is the effect an action, policy, or organization has on human well-being and community welfare.
The term appears frequently in nonprofit work, corporate responsibility, and philanthropy: The foundation measures its social impact through graduation rates.
An investment with social impact aims to benefit society alongside financial returns.
What's the social impact of closing the factory?
- community developmentOrganized local betterment efforts
- grassroots movementCitizen-led collective action campaign
- equityImpartial treatment or ownership value
- climate actionMeasures addressing atmospheric change
- poverty alleviationReducing extreme economic need
making a difference · systemic change · job creation · advocacy · philanthropy · giving back · pay it forward · human rights · inclusion · income inequality · sustainability · empowerment · collective action · triple bottom line · microfinance · corporate responsibility · conservation efforts · wealth redistribution
- social sciencessociology, anthropology, psychology, economics, political science
- microfinancemicrocredit, small loans, microloan, microloans, group lending
- migrationmigration, immigrants, refugees, immigration, emigration
- philanthropydonations, charity work, donate, give, giving
- warcombat, warfare, battle scenes, battles, soldier
- ethical consequencesguilt, shame, regret, remorse, blame
social impactineffectiveness
Failure to achieve results
futility · meaninglessness · status quo · inconsequentiality · inconsequence