This is a Disclosure on Management Approach for the G4 aspects deemed material by the Reach for Change stakeholders:
- Society – Local communities
- Society – Grievance mechanisms
- Society – Anti-corruption
We have a complex understanding of our impact on society. First and formost, we affect children in societies, and their stakeholders as family members or caregivers, by inviting them to programs strengthening children’s rights. Secondly we support sustainable change in society addressing issues facing children. But also, for example, we contribute to higher employments rates in the social sector by funding small social initiatives helping them to grow and employ.
And maybe most importantly, we facilitate a meeting between the business sector and the social sector on a local grass root level, leading to effects bigger than we ourselves has the power to create. By energizing local solutions with a cross-sectorial perspective, we empower a sustainable change by sharing, in an environment that probably wouldn’t happen without us. We focus on capacity building on local level and the way we implement this is both through our own team and through our programs.
It is the local needs, articulated by local children, change agents, business employees or our own team that defines materiality. It is our strongest belief that sustainable change will happen through collaborations.
Facilitating meetings, between sectors and perspectives, also results in a lack of control over our strongest impact. By doing context research, including the stakeholders in dialogues, surveys and focus groups we mitigate this lack of control. Our differentiation is our investments in early-stage, sometimes even untested, social entrepreneurs. Though we have a thorough selection process and background research, we are challenging ourselves by taking risky decisions and investing in people with big potential to be able to maximize our effects. If the investment turns out well. To manage that risk we are inviting primary stakeholder groups to the most important decisions; selecting new Change Leaders, and annually deciding on continuation of program support.
We also support a detailed and continuous monitoring process that all our investments aligned to. Through the detailed follow-ups on individual results and impacts, and aggregated analysis on patterns and data we are able to track our total impact on the societies we operate in.
One of our potential risk is the fact that we are investing in countries that are at high risk of corruption. Our operations are implemented in a sector that is depended on networks, which can be abused. We noticed that the risk assessment was not up to standard in countries where we didn’t have our own staff. We realized that we needed to reorganize our programs to be able to staff all program countries. In implementing this solution we were able to draw from being a flexible organization where we address risks that are highlighted as we develop both programs and organization.