Social Impact
Social Impact
"Social impact" refers to the significant and measurable changes that actions, projects, or initiatives generate in the lives of individuals, communities, or the environment. These changes can be positive, such as poverty reduction, improvements in education, health, or equality, or negative, such as social exclusion or environmental degradation. In the organizational context, social impact is often associated with social responsibility practices, where companies or NGOs develop innovative solutions to address global challenges, fostering a more sustainable and inclusive future.