The new framework will give not-for-profits the opportunity to formerly measure and benchmark the impact of their work in the community for the first time. This data can also help organisations refine their strategic vision and give them the evidence they need to gain more support from corporate partners.
Director of LBG Australia & New Zealand, Simon J Robinson said:
“Giving not for profits in ANZ the same opportunity as corporations to use our internationally recognised framework so they can measure and benchmark their impact in the community is a natural next step in the evolution of LBG.
“We have already seen in other countries how LBG for Community has given organisations better insight into the impact they are making in their communities. This has not only allowed them to more effectively plan for the future, but gain more support with their work to create better outcomes for their community.”
LBG has over 20 years of experience collecting, measuring and benchmarking data in the corporate community investment space using an internationally recognised framework. The new LBG for Community framework will run as a pilot program in Australia and New Zealand during 2016 following successful trials in Spain. It will follow the same input, output and impact framework as the current LBG methodology.
To get involved in the pilot, LBG are asking organisations to submit expressions of interest by emailing email@example.com