Over 90 businesses and NGOs brought together to discuss ways of creating greater positive impact
The 2nd edition of the Academy of Givers’, For Impact Event and Fair saw a healthy mix of businesses and NGOs come together to share ideas and listen to leaders within the fields of ESG (Environmental, Social, and Corporate Governance), Voluntary Organisations, Purpose and Giving with the intention of collectively finding ways of creating greater positive impact on society. The event featured inspiring talks, panel discussions, workshops, themed discussions on various topics such as the importance of supporting culture to safeguarding Malta’s nature footprint, as well as an Impact Fair and NGO Pitch Fest, which showcased some of Malta’s most inspiring NGOs. Participants also voted for the NGO of their choice, following which the winners were awarded a total of Eur1,500. The event opened with a message from Hon. Julia Farrugia Portelli, Minister for Inclusion, Voluntary Organisations and Consumer Rights (MIVC).
The event’s thought-provoking discussions each provided key outcomes and some food for thought for businesses. One of the outcomes highlighted that the different sectors that are working towards creating change in Malta - whether it be through ESG, social/environmental initiatives or corporate responsibility - need to be collaborating more. Businesses need to be understanding the needs of the social, cultural and environmental sectors and align their business to support change and see real long-lasting impact from their actions. When supporting NGOs, companies need to give effectively, empower those they’re supporting, and work through the creation of partnerships.
Businesses have the opportunity to use their resources and look at what kind of legacy they want to leave for generations to come. Focusing efforts on becoming more of a purpose-led business is the way forward. As an example, Will Gardner, Co-founder of Motive, one of the three speakers that were brought to Malta for the For Impact Event & Fair who worked with GO plc on their purpose journey, explained that the GO leadership team re-defined the company’s Purpose to centre around the customer/citizen and their digital needs. GO’s purpose is to drive a digital Malta where no one is left behind. They use this as the lens through which all the decisions are taken at GO. Will then explained the results achieved by the company since launching their purpose just three years ago and the increase in performance across a number of metrics.
A panel discussion on ‘Frameworks Encouraging Impact’ summarised that we need to understand the value of giving, map out the current context, and work on the frameworks to tackle the issue of legal constraints so that there is less complexity and more of a clear strategy and common standards to be able to create a more effective environment for social impact.