As the urgency to address pressing social and environmental challenges intensifies, organizations face mounting expectations to integrate these concerns into their strategies. To do so, they need tools. Thus, various social and environmental accounting and reporting frameworks have been developed over the past three decades. Yet these tools are often criticized for weak alignment with macro-level indices like the Sustainable Development Goals (SDGs) or the Social Progress Index (SPI). Difficulties attributing corporate actions to their impact on society and the environment hinder social progress and leave organizations ill-equipped to handle accountability for their sustainability initiatives. We introduce Propel, a tool designed to bridge macro-level indices and micro-level organizational practices to address this gap. We propose to use the SPI, a holistic, outcome-based measure of a country’s basic human needs, foundation of well-being, and opportunity, as a macro index. Propel enables organizations to map their projects against SPI components, aligning actions with societal and environmental priorities. Thereby, Propel allows decision-makers to evaluate the potential contributions and risks of their initiatives. Propel supports a more comprehensive view of organizational value creation by encouraging organizations to assess their initiatives’ relevance and impact potential in terms of societal progress. This enhanced perspective enables decision-makers to align financial goals with sustainability objectives, facilitating long-term value creation, risk mitigation, and stakeholder trust.