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Corporate Social Responsibility > International Frameworks |
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The London Benchmarking Group (LBG)
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| | | Measuring our Social Investments | | | In 2007, AAIB signed the London Benchmarking Group, which is a global network of over 100 companies. Developed in 1994 in London, England, it is the first measurement, and most comprehensive and widely used benchmarking means of valuing, managing, measuring and reporting Corporate Community Investment (CCI). The LBG focuses more on what companies achieve as opposed to how much they spend. In adopting the LBG approach, it helped enhance our ability to demonstrate the value of our work to key internal and external stakeholders, and to communicate our achievements more effectively. Moreover, through the LBG model, we were better able to comprehend the full impact of our corporate community involvement programs. | | The LBG Model |  |
| | | The LBG model takes the form of a matrix that provides a comprehensive and consistent set of measures for CSI professionals to determine their company's contribution to the community; including cash, time, in-kind donations as well as management costs. The model also captures output and the longer-term impact of CSI projects on communities and the business itself. |  | The input/output matrix provides the framework necessary to put a monetary value on the input costs of a company's community involvement program.
For further information, visit:www.lbg-online.net |
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