This briefing paper defines the SLB framework as a comprehensive approach to enhancing local benefits through a sharper focus on shared accountability and innovation. It also means to secure commercial value for companies. We would contend that a SLB approach ultimately delivers superior outcomes to both company and community. 

Tags: benefits / impact / local

The Low-Down on the Impact Valuation and Sustainable Local Benefits

Based on years of experience with multiple companies, Ksapa has developed a methodology to deliver and measure sustainable local benefits (SLB). Our framework is using global standards (World Bank IFC, GINN IRIS+, Global Goals). Also, it describes some of the innovative approach’s companies may adopt to move beyond pure risk-management and “do no harm” approaches. These leaders recognize long-term capital   projects   cannot   be   sustainable   without   offering   tangible   development   and   quality-of-life improvements to local communities, while also demonstrating benefits for all the companies involved. 

Key Takeaways

This briefing paper defines the SLB framework as a comprehensive approach to enhancing local benefits through a sharper focus on shared accountability and innovation. It also means to secure commercial value for companies. We would contend that a SLB approach ultimately delivers superior outcomes to both company and community. 

Read the Document in Full

To learn more, register and download our briefing paper.