Corporate Communication
Impact assessment is a systematic process used to evaluate the potential effects, both positive and negative, of an organization’s activities on various stakeholders and the environment. This process helps organizations understand their social, economic, and environmental consequences, guiding them to make informed decisions and improvements. It connects directly to CSR practices by ensuring transparency in reporting, fostering employee engagement in social responsibility initiatives, and enhancing community partnerships.
congrats on reading the definition of Impact Assessment. now let's actually learn it.