Social Auditors play a significant role in the following arenas:
- Assessing and evaluating the social and ethical performance of an organization. Their role involves examining the impact of an organization's policies and practices on various stakeholders, including employees, customers, suppliers, and the wider community.
- Conducting Social Impact Assessments (SIA) for NPOs who are listed on Social Stock Exchange. SIA is used in a variety of contexts, including infrastructure development, natural resource management, and public policy making. It can help to ensure that projects and policies are socially responsible, sustainable, and equitable, and can help to build trust and collaboration among stakeholders which includes the following:
- Scoping
- Baseline data collection
- Impact assessment
- Mitigation and management
- Monitoring and evaluation.
- Conducting Annual Performance of Not-for-Profit Organizations (NPOs) and For- Profit Enterprises (FPSE).
|