The profit-centric shareholder supremacy model has created material wealth at the expense of both the environment and the people living in it. It is evident that the traditional economic short-term mindset in corporate decision-making hampers long-term commitments to sustainability, stakeholders and society and that organizational prioritizations must include social and environmental practices. This brought to the convergence of the profit and non-profit sectors towards new hybrid forms of for-profit and for-benefit organizations (such as Benefit Corporations, B Corps and Social Purpose Companies) and practices that define teal and flourishing enterprises. The aim of this chapter is therefore to shed light on the SDG Action Manager - a web-based impact management solution that enables businesses to take action on the SDGs and provides organizations with an opportunity to learn about, manage, and improve their sustainability performance - and point out how its integration with the benefit impact assessment can drive the aforementioned transformation.
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