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'societal welfare' is a correct and usable phrase in written English.
It can be used to refer to the overall health and happiness of a society. For example, "Our government must prioritize societal welfare by investing in more resources for our cities and towns."
Exact(39)
Biomass has the potential to create sustainable energy systems, which is critical for societal welfare.
We also investigate the market competition and total societal welfare in the presence of tax and subsidy policy intervention.
However, as policies should be designed to maximise societal welfare, a wider paradigm is needed in decision-making.
Conventionally, economists use gross domestic product (GDP) to estimate the sustainability of the economy and the quality of societal welfare.
It's yet another example of a case in which monopoly power impedes innovation and reduces societal welfare and, perhaps more importantly, your blogger's welfare.
It combines history, quantitative estimation, social science theory, and a deep concern with societal welfare in a way that is too rare these days.
Similar(21)
"Our world today needs ministers to serve as role models of thought and action, which bring about progress and welfare and improve general societal wellbeing".
While private charity has wide-ranging societal benefits, welfare administered by government bureaucrats often reduces people to numbers caught up in red tape.
As an assessment and analysis of the science, this report provides important input to the development of NCA4 and its primary focus on the human welfare, societal, economic and environmental elements of climate change.
Thus any model of CSR needs to be a morally strong and consistent counterweight to the dominant paradigm of profits-first which is present in the typical business school curriculum - a curriculum which has been extensively criticised on the basis of its over-emphasis of shareholder value at the expense of societal and environmental welfare.
Finally, wider societal differences in welfare policies exist, with England having a more comprehensive range of "safety net" policies which may help to reduce oral health inequalities.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com