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Social impact has the power to transform communities. We make a case for why we need more social impact organisations and how different sectors can collaborate and get involved.

The word ‘social impact’ is a catchphrase in the development sector. To many, it implies working towards a collective good – a world where every action, endeavour, and initiative is intended to leave a profound and positive mark on society. Magnia’s mission is to ensure that social impact organisations are well-positioned to receive the resources they need to magnify their impact. But what does social impact truly mean to us, and why do we believe social impact organisations matter today? In this article, we answer these questions and invite others to become a part of our vision for the sector.

Why social impact organisations matter today

Today’s global challenges have become increasingly complex. Global leaders, communities and countries are finding it necessary to find innovative solutions to these challenges, from climate change to global poverty. With technology and business advancing faster than ever, social impact organisations have become one of the leading spaces for merging these areas together. It is critical that social impact organisations should not be left to stand alone but have the support of the public and private sectors in solving these problems. Ultimately, it is much more beneficial for businesses to develop collaborations with social impact organisations and unlock new market opportunities that catalyse real change and drive social responsibility. 

What we mean by social impact organisations

Defining and agreeing on what social impact means to us determines who we work with and why. Below, we highlight some of the traits we look for in social impact organisations:

They are purpose-driven 

We define social impact organisations as entities prioritising creating positive change in their communities and the environment. These organisations operate with a clear mission to address pressing social, environmental, or economic challenges, aiming to improve the well-being of individuals and their communities. It includes a wide range of entities, including non-profits, social enterprises, NGOs, and community-based organisations (CBOs). However, what distinguishes these organisations is their commitment to generating tangible and measurable outcomes that go beyond running a programme on behalf of a donor or profit generation; they focus instead on creating lasting social value. This exemplifies our ethos: social impact is not a passive outcome but an active journey where strategic foresight fuels meaningful change.

They empower local voices

Central to our ethos is the belief that sustainable change begins with amplifying local voices and perspectives. In all our engagements, we ensure that the voices of those within communities are heard and prioritised. We understand that the development sector has had challenges bringing out local voices or telling the stories of those within communities with dignity, care and respect. We are working hard to change this. Rather than imposing external frameworks, it is better to go on a co-creation journey, listening intently to the aspirations and challenges of communities. When social impact organisations do this, we align on our commitment to inclusive, bottom-up approaches that honour the dignity and agency of all stakeholders involved.

They believe in collaborative ecosystems

Social impact thrives where collaboration and innovation converge. We recognise that no single organisation possesses all the knowledge, resources, or reach needed to tackle complex societal issues comprehensively. Therefore, we actively facilitate partnerships and alliances among social impact organisations to pool resources, share best practices, and co-create innovative solutions. Collaborative initiatives not only amplify the impact of individual organisations but also encourage learning, innovation, and mutual support within the sector.

Social impact has become more than just a buzzword; it’s a guiding principle. It is key that we become active participants in empowering social impact organisations to realise their visions for a better world. We invite you to contact us to discuss ways that we can collectively shape a world where every action, endeavour, and initiative leads to change.”

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