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Peer Learning Forum: Tackling Social Mobility
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Tue, 18 March @ 10:00 – 11:30
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This is an online event.
Audience
Business in the Community (BITC) members who have advisory in their membership package. Our Peer Learning Forums (PLF) are now open to all members who have advisory in their membership package – hosted by our issue experts, there are 20 forums a year, covering a range of responsible business areas and enabling our members to discuss challenges, solutions and ideas.
This event is especially suited to managers and practitioners working in Social impact, social value/community investment, CSR and responsible business, Diversity and inclusion, and Human resources/People Management.
Background
In 2022/23, six million people – or four in 10 of those in poverty – were in very deep poverty, with an income far below the standard poverty line. More than twice as many (over 12 million people) had experienced very deep poverty in at least one year between 2017/18 and 2020/21.*
Meanwhile, a report by Demos the Co-op revealed ‘that the UK economy is missing out on £19bn in GDP growth every year due to a systemic failure to promote greater social mobility in the workplace’ and businesses investing in ‘strategies that support greater social mobility, …could equate to a £1.8bn rise in private sector business profits.’ In addition, BITC’s State of the Nation 2024 report found that attracting and retaining talent is one of the greatest challenges facing 57% of CEOs, especially in green and digital skills, but many leaders are innovating new, socially responsible ways of securing their talent pipeline, while tackling social mobility and local deprivation.
Social mobility is a systemic issue that no one business can tackle alone.
About the event
BITC’s approach to social mobility and the support we provide to our members is informed by our organisational Theory of Change and our Social Mobility Framework, in addition to best practice collated from across our membership. This Peer Learning Forum will share some of the approaches that businesses are taking to consider their role in addressing social mobility, whilst providing a forum to discuss and explore collaboration opportunities between participants.
BITC Social Impact Advisory support helps businesses build sustainable and impactful interventions co-designed with their communities, driving inclusive economic growth. Our Social Impact Advisers support companies to understand leading practice principles of social impact, co-designing solutions with their communities, leading to sustainable impact within society and the business. We are working with companies to create truly responsible societies and systemic change.
Booking and contact details and further information
- Contact the Events team for any further questions.
- Full joining instructions will be sent before the event.
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