July 30, 2024. The launch of a tool specialized in the alignment and management of the impact potential of companies and organizations, VIVA Idea stands out with an innovative solution applied to impact management processes that promises to be a fundamental part of the path towards enhancing the positive environmental and social impact of those who use it.
Sustainability is a business imperative, and VIVA Idea has developed Propel Business Impact Strategy Tool, a digital tool that promises to transform the way companies assess and manage their social and environmental impact. Designed to be intuitive and accessible, Propel is presented as a comprehensive solution that allows companies to optimize their strategies and maximize the benefits for society and the environment.
Propel Business Impact Strategy Tool is a versatile tool that offers four formats tailored to the specific needs of each company. These include self-diagnosis, stakeholder perspective, training courses and customized consulting. Each format is designed to provide a clear and detailed assessment of the current and potential impact of business strategies, enabling leaders to make informed and strategic decisions.
Arturo Rodriguez, Product and Methodologies Coordinator at VIVA Idea, noted that “Propel not only facilitates social and environmental impact assessment, but also fosters strategic conversations within companies. By providing transparent and comparable data, organizations can better align with their sustainability goals.”
The tool is based on the Social Progress Index (SPI) and the Sustainable Development Goals (SDGs), ensuring rigorous and contextualized analysis. Rodriguez added, “Propel adapts the evaluation metrics to the specific needs of each company, allowing for a deeper and more specific analysis of existing and future initiatives.”
For his part, Jose Valverde, CEO of VIVA Idea, highlighted the importance of the customization offered by Propel. “Each company has its own challenges and opportunities in terms of impact. Propel allows companies not only to measure their impact, but also to manage and improve their relationships with stakeholders effectively and efficiently,” said Valverde.
The benefits of using Propel Business Impact Strategy Tool are many and varied. Among them are the facilitation of strategic conversations, transparency in alignment with business strategies, clear definition of next steps in impact management, and accurate documentation of social and environmental benefits. These features make Propel an indispensable tool for any company committed to sustainability.
The tool has been developed by the Tools and Methodologies team of VIVA Idea, an organization dedicated to driving social and environmental impact through the implementation of collaborative projects and the development of innovative tools. VIVA Idea is part of the VIVA Ecosystem, founded by Stephan Schmidheiny, with the mission of empowering the knowledge and capacity of communities to generate positive change. VIVA Idea has positioned itself as a reference in the field of sustainability and inclusive development.
The organization works closely with community, academic and business leaders to design and implement programs that promote sustainable development. By generating tools and trainings, VIVA Idea empowers communities and their leaders, connecting local knowledge with the international scientific community. Its holistic and collaborative approach has allowed the creation of effective solutions adapted to the specific realities of diverse regions.
Propel Business Impact Strategy Tool is essential for companies seeking not only to meet their sustainability goals, but also to lead the way towards a more just and equitable future. With VIVA Idea’s support, organizations can be confident that they are using a validated and effective tool to maximize their positive impact on society and the environment.
You can download more information and description of Propel Business Impact Strategy Tool here.