Category: Social Impact

Social impact refers to the effect that an action, project, policy, or program has on the well-being and quality of life of individuals and communities. It encompasses the broader consequences of social, economic, and environmental initiatives on society as a whole. Social impact can be positive or negative, and it is often assessed in terms of changes in social structures, relationships, or overall community health. Metrics to measure social impact may include improvements in education, health, employment, and environmental sustainability. Organizations, both nonprofit and for-profit, aim to maximize their positive social impact while minimizing any adverse effects.