by Estefanía Sánchez-Gómez
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Running a business is demanding. If you care about sustainability, equity, and regeneration but lack time for long reports; this guide is for you
What Do We Mean by “Impact”?
Impact is simply the effect your business has on people and the planet. These effects can be:
- Positive or negative
- Intended or unintended
- Direct or indirect
People and nature are the ones affected. Businesses, like yours, are the source. Learn more here.
What is Impact Management?
Impact management means:
- Understanding your effects
- Acting to reduce harm
- Growing positive contributions
- Sharing progress transparently
Done well, it supports both sustainability and long-term financial health. See the full definition here.
Why It Matters
- Customers and investors increasingly expect it
- Ignoring impacts often leads to higher risks and costs
- Businesses with strong impact practices build trust and resilience
Some companies go further by embedding sustainability into their core purpose. These have what we call Impact Business Models.
Six Core Actions
The Impact Management Platform highlights six practical steps:
- Identify your impacts
- Measure them
- Set targets and plan improvements
- Implement changes
- Monitor progress
- Communicate results
A Free Tool to Help
The B Impact Assessment is a powerful, no-cost tool.
- It gives you simple, structured questions.
- It highlights where you perform well and where you can improve.
- It helps you set goals, track progress, and share results.
It’s a great entry point for organisations who want to manage impact without heavy admin.
Pro Tips
- Start small: pick one area (e.g. energy, diversity, or supply chain)
- Use free tools like the B Impact Assessment to guide you.
- Share your early wins, it builds trust with your team and stakeholders.
- Keep impact part of your strategy, not a side project.
Bottom line: Impact management is for every business. You don’t need to be perfect; just start, measure, and improve.
by Estefanía Sánchez-Gómez
Running a business is demanding. If you care about sustainability, equity, and regeneration but lack time for long reports; this guide is for you
What Do We Mean by “Impact”?
Impact is simply the effect your business has on people and the planet. These effects can be:
- Positive or negative
- Intended or unintended
- Direct or indirect
People and nature are the ones affected. Businesses, like yours, are the source. Learn more here.
What is Impact Management?
Impact management means:
- Understanding your effects
- Acting to reduce harm
- Growing positive contributions
- Sharing progress transparently
Done well, it supports both sustainability and long-term financial health. See the full definition here.
Why It Matters
- Customers and investors increasingly expect it
- Ignoring impacts often leads to higher risks and costs
- Businesses with strong impact practices build trust and resilience
Some companies go further by embedding sustainability into their core purpose. These have what we call Impact Business Models.
Six Core Actions
The Impact Management Platform highlights six practical steps:
- Identify your impacts
- Measure them
- Set targets and plan improvements
- Implement changes
- Monitor progress
- Communicate results
A Free Tool to Help
The B Impact Assessment is a powerful, no-cost tool.
- It gives you simple, structured questions.
- It highlights where you perform well and where you can improve.
- It helps you set goals, track progress, and share results.
It’s a great entry point for organisations who want to manage impact without heavy admin.
Pro Tips
- Start small: pick one area (e.g. energy, diversity, or supply chain)
- Use free tools like the B Impact Assessment to guide you.
- Share your early wins, it builds trust with your team and stakeholders.
- Keep impact part of your strategy, not a side project.
Bottom line: Impact management is for every business. You don’t need to be perfect; just start, measure, and improve.
