The BACS Social Index Report 2017
The BACS Social Index was launched in 2016 at a breakfast event kindly hosted by Fonterra in Auckland with a good number of interested businesses and community leaders to find out about another BACS initiative. This year we had our event in Wellington and had a great group of people keen to see and hear the results through the good works over the past year.
How the BACS Social Index works
The first step for a business to be on the BACS Social Index is to have been nominated by a community/charity organisation and processed through a 7- step criteria through the BACS Good Business Egg Awards. The business does not need to be a member of BACS and cannot submit themselves.
After a considerable process the panel of the 16-18 community leaders makes comments and scores on each of the short- listed businesses. Their decisions provide the winners with a Good Business Egg Award and runners up are also acknowledged. BACS then collect this data over two years to provide a consistent result to grow the BACS Social Index.