More companies are stating a social purpose, but are they implementing it?

Corporate Knights develops new rating system to assess companies’ Social Purpose implementation

This report was created to share best practices and recommendations for companies seeking to implement their social purpose. Every company can begin this journey by stating their purpose, followed by a self assessment guided by the contents of this report.  This social purpose rating is focused on implementation and it can be leveraged or replicated to help accelerate progress toward a sustainable future.

Corporate Knights undertook this research to better understand how social purpose is currently being implemented by public and private companies in Canada. The report aims to inspire continuous improvement and a standardized approach to social purpose implementation by presenting a replicable purpose governance and implementation benchmark.

 

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