Everest Group has announced that the industry has met its Commitment to Action (CTA) to grow impact sourcing from 350,000 FTEs to 500,000 individuals throughout the first two years of a three-year pledge. Everest Group pledged to increase the impact-sourcing workforce to 1 million by 2030.
Changing lives
Everest Group’s commitment entails in-depth research, robust enablement tools, networking to share best practices, and promoting an inclusive talent strategy.
Rita N. Soni, principal analyst for Impact Sourcing and Sustainability, Everest Group, said: “The technology and tech services industries are such a source of inspiration for innovatively executing impact sourcing practices across the globe and improving the lives of millions from marginalised communities. The added beauty of this inclusive talent strategy is that it has business benefits for employers and their clients, which is the quintessential double bottom line!”
Impact
Everest Group reports seeing lower attrition and greater engagement across the board since 2022. Further, observations reveal that impact workers are now more likely to engage with a business for the long term than other workers.
Everest Group also reports a rise in employment rates for underserved women, people with disabilities, and un/under-employed youth. Currently, 56% of the impact-sourcing workforce is female, and 70% are under 30 years old, with some workers representing rural communities, LGBTQ+, veterans, and incarcerated/formerly incarcerated people.
