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Activity SIa1
Objective
Community Resilience
Concept
Social Investment
Activity Type
Impact
Rating System Application
Contribute to the increase of capacities, resources, and opportunities within a community through financial contribution
Scope
The Owner shall design, implement, and evaluate a community involvement partnership or program that is centered around financial investment, contributions, or donations to achieve a specific goal identified by project impacted parties.
Requirements
Act to Avoid Harm
- 01.
The program shall address a significant social issue or problem that is relevant to the target population as identified during the impacted party engagement in Activity IAa2.2 and the impacted party materiality assessment in TGa5.1/5.2.
- 02.
The program shall be guided by a defined logic model (see Guide to creating a logic model in Appendix E) detailing the intended outcomes and the steps needed to achieve them. Preference should be placed on leveraging existing resources and processes of the Owner to optimize opportunities to create a positive impact.
- 03.
The program shall include the following criteria55:
- a.
measurable and positive impact on the well-being of individuals or communities, with impact metrics clearly defined and aligned with the program's stated goals
- b.
promotes fairness and equality, ensuring that marginalized or disadvantaged groups are not further marginalized or excluded
- c.
respects the rights, culture, and dignity of the target community and should be culturally sensitive and appropriate, considering the cultural norms, values, and practices of the target community
- d.
active participation and engagement of the target population, ensuring that their voices and perspectives are heard and considered
- e.
collaboration and coordination with relevant impacted parties, such as community organizations, government agencies, and other key actors
- f.
have mechanisms to ensure transparency, accountability, and the responsible use of resources
- a.
Benefit Impacted Parties
- 04.
The program should use strategies and methods that are evidence-based and have been proven to work in similar contexts.
Contribute to Solutions
- 05.
The program should aim to build the capacity of local community members and organizations to support and sustain the intervention.
Indicators
The performance indicator is the percentage of the budget invested. The context indicators are the KPIs identified (as outputs) in the logic model in Requirement #2.
To calculate the performance indicator:
To calculate the performance indicator:
- Determine total construction project or operating property budget.
- Determine financial contribution amount for the social investment program.
- Calculate percentage of budget invested.
P = (FC / TB) × 100
- P =
- percentage of budget invested
- FC =
- financial contribution amount for the social investment
- TB =
- total construction project or operating property budget
Scoring
Points assignment
| Points | Percentage of Budget Invested |
|---|---|
| 5 points | .5% of project budget invested OR $250,000 maximum |
| 8 points | 1% of project budget invested OR $500,000 maximum |
| 11 points | 2% of project budget invested OR $1,000,000 maximum |
| 14 points | 4+% of project budget invested OR $2,000,000 maximum |
Documentation
- 01.
List of financial, human, and material resources utilized for this activity.
- 02.
Impacted Party Engagement Documentation including records of impacted party engagement activities that led to the identification of the significant social issue or problem that the program addresses. This could be meeting minutes, surveys, or other documentation that shows how impacted parties were involved in the process.
- 03.
A detailed logic model that outlines the intended outcomes of the program and the steps needed to achieve them. This should include the top Key Performance Indicators (KPIs) identified as outputs.
- 04.
Program Design and Implementation Plan detailing how the program meets the criteria of being impactful, equitable, ethical, participatory, collaborative, and accountable. It should include evidence-based strategies and methods that have been proven to work in similar contexts (if applicable).
- 05.
Evaluation Reports that provide evidence of the positive impact on the well-being of individuals or communities, promotion of fairness and equality, respect for the rights, culture, and dignity of the target community, active participation and engagement of the target population, collaboration and coordination with relevant impacted parties, and transparency, accountability, and the responsible use of resources.
- 06.
Capacity Building Plan that details how the program aims to build the capacity of local community members and organizations to support and sustain the intervention.
- 07.
A copy of the Impacted Party Satisfaction Survey content.
- 08.
Impacted Party Satisfaction Survey Results are used to calculate the impacted party satisfaction rate, including encoded responses that can be used to calculate the average score for each question, the overall average score, and the impacted party satisfaction rate.
Guidance
On content of the impacted party engagement
A template for an impacted Party Satisfaction Survey can be found in Appendix D.
Referenced Source
- ISO 26000:2010, Guidance on social responsibility (2021)
- UN Guiding Principles on Business and Human Rights (2011)