ABSTRACT

The product or service needed to address a social problem has, at its core, the potential to enrich lives or the environment. But products and services produced to generate corporate profits also create social impacts. Investors’ organization's social mission is central in driving how the organization will use these pathways to make an impact. The first step in creating social impact is to be as clear as possible about the organization's social mission—its products, clients, and social change goals. Social purpose organizations commonly produce products and services that are intended to make a positive social impact. Supply chain impacts have received increased attention as corporations continue to contract out both production and service work to subcontractors. In some fields, such as economic development, housing, and the environment, intermediary organizations can be used to manage the funds and ensure that they are directed toward companies that will promote the social impact goals of the investor.