As I discussed in an earlier post on social enterprise, the efforts of non-profits and corporate social responsibility departments are often confounded by the difficulty of measuring results in the absence of a bottom line. A new methdology put out by the World Business Council for Sustainable Development and the IFC aims to remedy that. Entitled Measuring Impact, this new methodology has the goal of helping "companies understand their contribution to development and use this understanding to inform their operational and long-term investment decisions and have more informed conversations with stakeholders."
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