Giving Compass' Take:
- Here are five ways social actors can meet social challenges and address inequities in the next year.
- How can individual donors prioritize racial justice in their philanthropy?
- Learn more about social sector data.
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What does the year ahead mean for the future of social impact? Last year, funders and corporate social impact leaders in the United States saw a number of geopolitical, economic, and social challenges impact their work. Environmental, social, and governance (ESG) commitments made headlines and came under fire. Employees in the U.S. sought greater purpose, pay, and work-life balance and continued switching jobs or participated in quiet-quitting.
In 2023, we will undoubtedly face greater challenges and injustices in our world. Amidst a potential recession, the growing impacts of climate change, and widening socioeconomic inequities, we see tremendous opportunity for the leadership of the private and philanthropic sectors to support a more equitable future.
One month into 2023, we asked leaders from our U.S. consulting practice at FSG to share how social impact actors can rise to the challenges of 2023.
- Smart companies build resilience by doubling-down on purpose
- More stakeholders respond to the rising toll of climate change
- Taking a systems-level approach to health equity by addressing social determinants of health
- Accelerating economic mobility through place-based economic development
- More foundations will lead with their values
Read the full article about future trends in social impact at FSG.