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How to drive social impact through collaboration

In this episode of Think Ecosystem, our panel discusses how large corporations are driving social impact and the transformative power of technology in philanthropy.

This installment of the EY Think Ecosystem podcast, hosted by Gillian Hinde, EY Global Corporate Responsibility Leader, dives into the pivotal role of large corporations in driving social impact and the transformative power of technology in philanthropy. Kate Behncken, the Corporate Vice President and Global Lead of Microsoft Philanthropies, joins the conversation to discuss Microsoft's mission to empower communities through digital and AI capabilities. The episode underscores the essence of strategic partnerships across sectors for tackling societal challenges and the growing expectations from stakeholders for socially responsible corporate involvement. It further explores the intricacies of measuring social impact effectively, transitioning from output to outcome metrics and the importance of reliable data for informed decision-making. With a focus on collaborative approaches and leveraging corporate strengths, this episode serves as an insightful resource for organizations aspiring to integrate social impact into their business models and contribute meaningfully to global progress.

Key takeaways:

  • Large corporations, through their resources and scale, can significantly address societal issues, underscoring the vital role of corporate social responsibility.
  • Digital and AI technologies are crucial in philanthropy, enabling organizations like Microsoft Philanthropies to empower communities and drive inclusive growth.
  • Effective social impact requires collaborations across sectors, with partners contributing expertise and technology, not just funds.
  • Accurately measuring social impact is essential, moving from simple output metrics to outcome metrics for more meaningful assessments and data-driven interventions.

For your convenience, a full text transcript of this podcast is also available.


Episode 9


36m 31s