The concept of impact sourcing has experienced remarkable growth and acceptance across geographies. Service providers have recognized the potential of leveraging impact sourcing to simultaneously achieve business objectives and create positive social change. Through targeted hiring practices, these organizations have tapped into a talent pool that was previously underserved, providing opportunities for personal growth, skill development, and economic empowerment.

Despite the evident benefits of impact sourcing, the lack of a comprehensive and guided approach has hindered its widespread adoption. Service providers have encountered challenges in formulating a clear strategy and framework to integrate impact sourcing into their operations. The absence of a structured playbook has made it difficult for organizations to navigate the complexities and nuances associated with implementing impact sourcing initiatives.

In this report, we provide a detailed understanding of impact sourcing, its nuances, stakeholders involved, and the benefits and challenges. Along with this, we share a stepwise approach to help service providers develop a robust strategy for successful implementation. We have also shared case studies from successful implementations to inspire and inform service providers.

Scope

All industries and geographies

Contents

This report looks at:

• An overview of the talent market and the ecosystem of impact sourcing
• Developing a sustainable impact sourcing strategy for service providers
• Sharing a perspective on the future of impact sourcing
• Impact sourcing case studies compendium

Membership(s)

Sustainability Technology and Services

Sourcing and Vendor Management