Similar Posts
Employment and Social Developments in Europe Quarterly Review looks into factors behind the gender pay gap among young people
The Commission has published the latest edition of the Employment and Social Developments in Europe (ESDE) Quarterly Review, with a specific thematic focus on the gender pay gap among young workers, on occasion of the 2022 European Year of Youth.
ESDE quarterly reviews periodically provide an overview of recent social and labour market developments in the EU, accompanied by specific thematic analyses.
The latest edition shows that young women (aged 25-29) face a 7.2% unadjusted gender pay gap at the start of their professional careers in the EU labour market. This is about half of the pay gap for all workers, indicating larger pay inequalities among older workers, potentially as a consequence of career breaks due to caring responsibilities among women.
However, the review also notes that, pay differences between young women and men are difficult to explain based on available data and the situation varies considerably from country to country. In addition, certain differences in worker characteristics account for substantial pay differences, but they operate in different directions – notably, young men tend to earn more because they work in higher paid economic activities whereas young women tend to earn higher wages because they are better educated.
Closing the gender pay gap was highlighted as a priority in the Commission’s Gender Equality Strategy 2020-2025. In line with this, the Commission has presented a proposal for a Directive to strengthen the application of the principle of equal pay for equal work or work of equal value between men and women through pay transparency and enforcement mechanisms. This proposal is currently being discussed by the European Parliament and the Council.
Related documents
This publication has been prepared within INDIGISE project. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.
Social Enterprise and The Green Transition
In recent years, we’ve seen a pretty revolutionary cultural shift from consumers, from one of securing the best product for the lowest price to one of searching out products that they know are kind to both people and the planet. Additional to that, consumers have been shown to relish the feeling of community that comes with this pattern of consumption, bearing in mind an increased environmental conscience. National and international laws, regulations, policies and politics are all motivated more and more by the desire to be part of the fight against climate change.
As a result, the promise of a green economy which improves human well-being and builds social equity while reducing environmental risks and scarcities is incredibly attractive. Seen as an impactful alternative to our current economic model, which primarily produces profits from the extraction and exploitation of essential resources, an inclusive green economy has the potential to challenge inequalities, discourage waste, avoid resource scarcities, and improve outcomes to the environment and human health.
In the last ten years, the concept of the green economy has become a strategic goal for many governments. By transforming their economies into supportive mechanisms for sustainability, these countries will be better prepared to take on the major challenges of the upcoming century.
The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, is seen by many as a fundamental basis for peace and prosperity for people and the planet. At its core are the 17 Sustainable Development Goals (SDGs). These goals recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests. These goals reinforce the social enterprise viewpoint that there is no such thing as real climate justice without the economic justice that underpins it.
Social enterprises are seen as a key vehicle towards the transition to a post-carbon emitting future. As long as they have existed, social enterprises have shown themselves to be key contributors to the circular economy and leaders in challenging environmental and economic inequalities. Indeed, even the premise on which social enterprises are built, the pursuit of purpose over profit means they are at a distinct advantage in the green transition in comparison to traditional enterprises.
This agility serves greatly as the business model can pivot faster and more efficiently.In fact, traditional enterprises are, at times, incentivised to work in ways completely antithetical to the morals of the green transition as they are obliged to maximise profits. If they don’t do this, they leave themselves open to legal challenges from investment companies who seeks stable returns for their customers or their model falls apart.
This fact has been noted by the European Commission which has developed the EU Green Deal. This is primarily an action plan, to boost the efficient use of resources by moving to a clean, circular economy and to restore biodiversity and cut pollution. The overarching objective is for the EU to become the first climate neutral continent by 2050. And, they’ve put their money where their mouth is, with a number of funding mechanisms in place to facilitate the EU Green Deal, totalling over €1 trillion!
When it comes to social enterprises, there are lots of environmental wins to be made, even from the smallest of organisations. Moving towards a more sustainable business model can be daunting but you’re already ahead of the pack!
– – – – – – – – – – – – – – – – – – – – – – –
Original article available in Revitalese.eu blog.
Photo by Edward Howell on Unsplash
Measuring the Good – Developing Impact Measurement in Finland.
(NOTE: The links from this article refer to pages that are currently only available in Finnish)
Finnish association for social enterprises ARVO has partnered during the recent years partnered with a range of high-profile impact investing and developing partners – such as ME-Säätiö – in an impact measurement development project called Hyvän Mitta (Measure for Good). The project has had an ambitious aim: to develop common tools for impact measurement to be used by the impact ecosystem in Finland.
Measuring Good since 2016
Since 2016, the project has done systematic work on this theme. The results of the development phase 1 are already visible. On top of the 12 case organizations’ impact assessment reports, an outline of the work done and findings of the impact assessments can be found now in the project’s materials.
Phase 2 of the development work is still ongoing. There are new pilot organizations involved, and more defined work done in their impact measurement. As the first phase introduced a new impact modelling tool, the Impact Chain, work is now being done to put this model into action.
Impact Chain – a model for systematic impact work
Impact Chain is a systematic framework for measuring impact. As it defines the society’s NEED and an organizations VISION and GOAL on how to meet this need, takes into account the RESOURCES and ACTIONS of an organization, and goes on the follow up on the RESULTS and IMPACT, all the way back comparing these to the original need – it gives an interesting, comprehensive yet quite simple-to-use basis for impact work.
The tool is described in more detail here, with instructions on where to start with your impact work. For some great tips on how to use the tool, check also this blog post.
From data chains to impact stories
The beauty and potential of this kind of systematic framework, if used as an everyday tool in leading for impact, is the way it may help an organization to streamline their data. As data is gathered from each part of the chain, and organized in a systematic manner, it eventually forms a data chain.
There’s naturally a lot of work behind all this impact modelling and data gathering. But when done in an careful manner, prizes might make them well worth it. Better decisions can be made, based on measured facts, on how to use the organizations resources and what kind of actions to take to make the impact even wider. And not only that. Impact communication – telling your own story of change, the logic of how the impact is achieved – becomes much easier. Data chains can be turned into stories of impact.
Communicating impact
After the good has been measured, it’s time to tell the impact stories. In an engaging and informative way, by using modern media. The latest work package of Hyvän Mitta project, Vaikuttavuusvideo – Impact Video – was launched in June 2019, to do just that. Here, research is done on how and where the Finnish impact producers are communicating their impact. Impact producer’s capabilities to communicate their impact is developed, and piloting will be done on how to – in a most impactful way – communicate social impact on video. A short overview of the project aims can be found in English from the producer’s website, and more info in campaign site vaikuttavuusvideo.fi.
Measuring the Good
In short, measuring the good is all about cooperation, systematic leadership and modelling of impact, gathering relevant data, and eventually telling the impact story. For impact investors, customers, employees, partners and audiences of difference kinds, it’s ultimately about getting to know what kind of social change is really taking place and where.
Keep your hearts and minds open – proven impact coming up!
Microfinance in the European Union: market analysis and recommendations for delivery options in 2021-2027
This report assesses current microfinance provision in EU and presents recommendations on how to bridge the financing gap and to meet evolving market needs as a means of promoting growth, employment and inclusion across the EU. Most microfinance in the EU comes from larger providers, with support for smaller, non-bank lenders remaining limited. The EU has taken measures to improve provisions, such as the European Progress Microfinance Facility, launched in 2010 and complemented since 2014 by the Microfinance and Social Entrepreneurship axis of the EU Programme for Employment and Social Innovation (EaSI).
Catalog N. : KE-03-20-321-EN-N
Download here: https://ec.europa.eu/social/main.jsp?catId=738&langId=en&pubId=8347&furtherPubs=yes
This publication has been prepared within INDIGISE project. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.
Polish – Lithuanian project is the official partner for the European Social Economy Region Initiative 2021
The Interreg V-A Lithuania – Poland project „Partnership. Entrepreneurship. Action“ has been selected as one of the official European Commission European Social Economy Regions initiative (ESER) 2021 partners. Project partners from Poland represent Warmia and Masuria region.
The Project aims to support underserved young entrepreneurs (16 – 29 years) to start, grow and sustain their businesses – enabling them to create jobs, build communities and transform lives. The Lead Beneficiary of the project is the Lazdijai District Municipality Administration, other beneficiaries – the Orzysz municipality and the Tykocin municipality.
The closest Project event, benefiting from the ESER partnership will be the festival “Building a cross-border business” foreseen for 6-7th August, at which the European Commission expert will contribute with presentation/intervention. The Festival will be organized in the Lazdijai district with a total of expected guests 300. For more information on the event, please, follow our Programme’s Facebook http://bit.ly/38bCERQ and Lazdijai municipality web page https://www.lazdijai.lt/
The key objective of the ESER initiative – to raise awareness of the social economy at the regional and local level and build regional networks of social economy stakeholders. The ESER community actively contributes to the co-design and co-construction of EU policies in the field of social economy. More information on the ESER https://webgate.ec.europa.eu/fpfis/wikis/display/SEC/ESER+-+European+Social+Economy+Regions
Warmia and Masuria region will be supported by the WAMA-COOP Association form Olsztyn- see more here: https://webgate.ec.europa.eu/fpfis/wikis/display/SEC/Poland%3A+Warmian+and+Masurian+Region
This publication has been prepared within SENBS project No. 2020- 1-EE01-KA204-077999. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.
Employment and Social Developments in Europe Quarterly Review looks into factors behind the gender pay gap among young people
The Commission has published the latest edition of the Employment and Social Developments in Europe (ESDE) Quarterly Review, with a specific thematic focus on the gender pay gap among young workers, on occasion of the 2022 European Year of Youth.
ESDE quarterly reviews periodically provide an overview of recent social and labour market developments in the EU, accompanied by specific thematic analyses.
The latest edition shows that young women (aged 25-29) face a 7.2% unadjusted gender pay gap at the start of their professional careers in the EU labour market. This is about half of the pay gap for all workers, indicating larger pay inequalities among older workers, potentially as a consequence of career breaks due to caring responsibilities among women.
However, the review also notes that, pay differences between young women and men are difficult to explain based on available data and the situation varies considerably from country to country. In addition, certain differences in worker characteristics account for substantial pay differences, but they operate in different directions – notably, young men tend to earn more because they work in higher paid economic activities whereas young women tend to earn higher wages because they are better educated.
Closing the gender pay gap was highlighted as a priority in the Commission’s Gender Equality Strategy 2020-2025. In line with this, the Commission has presented a proposal for a Directive to strengthen the application of the principle of equal pay for equal work or work of equal value between men and women through pay transparency and enforcement mechanisms. This proposal is currently being discussed by the European Parliament and the Council.
Related documents
This publication has been prepared within INDIGISE project. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.
Social Enterprise and The Green Transition
In recent years, we’ve seen a pretty revolutionary cultural shift from consumers, from one of securing the best product for the lowest price to one of searching out products that they know are kind to both people and the planet. Additional to that, consumers have been shown to relish the feeling of community that comes with this pattern of consumption, bearing in mind an increased environmental conscience. National and international laws, regulations, policies and politics are all motivated more and more by the desire to be part of the fight against climate change.
As a result, the promise of a green economy which improves human well-being and builds social equity while reducing environmental risks and scarcities is incredibly attractive. Seen as an impactful alternative to our current economic model, which primarily produces profits from the extraction and exploitation of essential resources, an inclusive green economy has the potential to challenge inequalities, discourage waste, avoid resource scarcities, and improve outcomes to the environment and human health.
In the last ten years, the concept of the green economy has become a strategic goal for many governments. By transforming their economies into supportive mechanisms for sustainability, these countries will be better prepared to take on the major challenges of the upcoming century.
The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, is seen by many as a fundamental basis for peace and prosperity for people and the planet. At its core are the 17 Sustainable Development Goals (SDGs). These goals recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests. These goals reinforce the social enterprise viewpoint that there is no such thing as real climate justice without the economic justice that underpins it.
Social enterprises are seen as a key vehicle towards the transition to a post-carbon emitting future. As long as they have existed, social enterprises have shown themselves to be key contributors to the circular economy and leaders in challenging environmental and economic inequalities. Indeed, even the premise on which social enterprises are built, the pursuit of purpose over profit means they are at a distinct advantage in the green transition in comparison to traditional enterprises.
This agility serves greatly as the business model can pivot faster and more efficiently.In fact, traditional enterprises are, at times, incentivised to work in ways completely antithetical to the morals of the green transition as they are obliged to maximise profits. If they don’t do this, they leave themselves open to legal challenges from investment companies who seeks stable returns for their customers or their model falls apart.
This fact has been noted by the European Commission which has developed the EU Green Deal. This is primarily an action plan, to boost the efficient use of resources by moving to a clean, circular economy and to restore biodiversity and cut pollution. The overarching objective is for the EU to become the first climate neutral continent by 2050. And, they’ve put their money where their mouth is, with a number of funding mechanisms in place to facilitate the EU Green Deal, totalling over €1 trillion!
When it comes to social enterprises, there are lots of environmental wins to be made, even from the smallest of organisations. Moving towards a more sustainable business model can be daunting but you’re already ahead of the pack!
– – – – – – – – – – – – – – – – – – – – – – –
Original article available in Revitalese.eu blog.
Photo by Edward Howell on Unsplash
Measuring the Good – Developing Impact Measurement in Finland.
(NOTE: The links from this article refer to pages that are currently only available in Finnish)
Finnish association for social enterprises ARVO has partnered during the recent years partnered with a range of high-profile impact investing and developing partners – such as ME-Säätiö – in an impact measurement development project called Hyvän Mitta (Measure for Good). The project has had an ambitious aim: to develop common tools for impact measurement to be used by the impact ecosystem in Finland.
Measuring Good since 2016
Since 2016, the project has done systematic work on this theme. The results of the development phase 1 are already visible. On top of the 12 case organizations’ impact assessment reports, an outline of the work done and findings of the impact assessments can be found now in the project’s materials.
Phase 2 of the development work is still ongoing. There are new pilot organizations involved, and more defined work done in their impact measurement. As the first phase introduced a new impact modelling tool, the Impact Chain, work is now being done to put this model into action.
Impact Chain – a model for systematic impact work
Impact Chain is a systematic framework for measuring impact. As it defines the society’s NEED and an organizations VISION and GOAL on how to meet this need, takes into account the RESOURCES and ACTIONS of an organization, and goes on the follow up on the RESULTS and IMPACT, all the way back comparing these to the original need – it gives an interesting, comprehensive yet quite simple-to-use basis for impact work.
The tool is described in more detail here, with instructions on where to start with your impact work. For some great tips on how to use the tool, check also this blog post.
From data chains to impact stories
The beauty and potential of this kind of systematic framework, if used as an everyday tool in leading for impact, is the way it may help an organization to streamline their data. As data is gathered from each part of the chain, and organized in a systematic manner, it eventually forms a data chain.
There’s naturally a lot of work behind all this impact modelling and data gathering. But when done in an careful manner, prizes might make them well worth it. Better decisions can be made, based on measured facts, on how to use the organizations resources and what kind of actions to take to make the impact even wider. And not only that. Impact communication – telling your own story of change, the logic of how the impact is achieved – becomes much easier. Data chains can be turned into stories of impact.
Communicating impact
After the good has been measured, it’s time to tell the impact stories. In an engaging and informative way, by using modern media. The latest work package of Hyvän Mitta project, Vaikuttavuusvideo – Impact Video – was launched in June 2019, to do just that. Here, research is done on how and where the Finnish impact producers are communicating their impact. Impact producer’s capabilities to communicate their impact is developed, and piloting will be done on how to – in a most impactful way – communicate social impact on video. A short overview of the project aims can be found in English from the producer’s website, and more info in campaign site vaikuttavuusvideo.fi.
Measuring the Good
In short, measuring the good is all about cooperation, systematic leadership and modelling of impact, gathering relevant data, and eventually telling the impact story. For impact investors, customers, employees, partners and audiences of difference kinds, it’s ultimately about getting to know what kind of social change is really taking place and where.
Keep your hearts and minds open – proven impact coming up!
Microfinance in the European Union: market analysis and recommendations for delivery options in 2021-2027
This report assesses current microfinance provision in EU and presents recommendations on how to bridge the financing gap and to meet evolving market needs as a means of promoting growth, employment and inclusion across the EU. Most microfinance in the EU comes from larger providers, with support for smaller, non-bank lenders remaining limited. The EU has taken measures to improve provisions, such as the European Progress Microfinance Facility, launched in 2010 and complemented since 2014 by the Microfinance and Social Entrepreneurship axis of the EU Programme for Employment and Social Innovation (EaSI).
Catalog N. : KE-03-20-321-EN-N
Download here: https://ec.europa.eu/social/main.jsp?catId=738&langId=en&pubId=8347&furtherPubs=yes
This publication has been prepared within INDIGISE project. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.
Polish – Lithuanian project is the official partner for the European Social Economy Region Initiative 2021
The Interreg V-A Lithuania – Poland project „Partnership. Entrepreneurship. Action“ has been selected as one of the official European Commission European Social Economy Regions initiative (ESER) 2021 partners. Project partners from Poland represent Warmia and Masuria region.
The Project aims to support underserved young entrepreneurs (16 – 29 years) to start, grow and sustain their businesses – enabling them to create jobs, build communities and transform lives. The Lead Beneficiary of the project is the Lazdijai District Municipality Administration, other beneficiaries – the Orzysz municipality and the Tykocin municipality.
The closest Project event, benefiting from the ESER partnership will be the festival “Building a cross-border business” foreseen for 6-7th August, at which the European Commission expert will contribute with presentation/intervention. The Festival will be organized in the Lazdijai district with a total of expected guests 300. For more information on the event, please, follow our Programme’s Facebook http://bit.ly/38bCERQ and Lazdijai municipality web page https://www.lazdijai.lt/
The key objective of the ESER initiative – to raise awareness of the social economy at the regional and local level and build regional networks of social economy stakeholders. The ESER community actively contributes to the co-design and co-construction of EU policies in the field of social economy. More information on the ESER https://webgate.ec.europa.eu/fpfis/wikis/display/SEC/ESER+-+European+Social+Economy+Regions
Warmia and Masuria region will be supported by the WAMA-COOP Association form Olsztyn- see more here: https://webgate.ec.europa.eu/fpfis/wikis/display/SEC/Poland%3A+Warmian+and+Masurian+Region
This publication has been prepared within SENBS project No. 2020- 1-EE01-KA204-077999. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.
Employment and Social Developments in Europe Quarterly Review looks into factors behind the gender pay gap among young people
The Commission has published the latest edition of the Employment and Social Developments in Europe (ESDE) Quarterly Review, with a specific thematic focus on the gender pay gap among young workers, on occasion of the 2022 European Year of Youth.
ESDE quarterly reviews periodically provide an overview of recent social and labour market developments in the EU, accompanied by specific thematic analyses.
The latest edition shows that young women (aged 25-29) face a 7.2% unadjusted gender pay gap at the start of their professional careers in the EU labour market. This is about half of the pay gap for all workers, indicating larger pay inequalities among older workers, potentially as a consequence of career breaks due to caring responsibilities among women.
However, the review also notes that, pay differences between young women and men are difficult to explain based on available data and the situation varies considerably from country to country. In addition, certain differences in worker characteristics account for substantial pay differences, but they operate in different directions – notably, young men tend to earn more because they work in higher paid economic activities whereas young women tend to earn higher wages because they are better educated.
Closing the gender pay gap was highlighted as a priority in the Commission’s Gender Equality Strategy 2020-2025. In line with this, the Commission has presented a proposal for a Directive to strengthen the application of the principle of equal pay for equal work or work of equal value between men and women through pay transparency and enforcement mechanisms. This proposal is currently being discussed by the European Parliament and the Council.
Related documents
This publication has been prepared within INDIGISE project. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.
Social Enterprise and The Green Transition
In recent years, we’ve seen a pretty revolutionary cultural shift from consumers, from one of securing the best product for the lowest price to one of searching out products that they know are kind to both people and the planet. Additional to that, consumers have been shown to relish the feeling of community that comes with this pattern of consumption, bearing in mind an increased environmental conscience. National and international laws, regulations, policies and politics are all motivated more and more by the desire to be part of the fight against climate change.
As a result, the promise of a green economy which improves human well-being and builds social equity while reducing environmental risks and scarcities is incredibly attractive. Seen as an impactful alternative to our current economic model, which primarily produces profits from the extraction and exploitation of essential resources, an inclusive green economy has the potential to challenge inequalities, discourage waste, avoid resource scarcities, and improve outcomes to the environment and human health.
In the last ten years, the concept of the green economy has become a strategic goal for many governments. By transforming their economies into supportive mechanisms for sustainability, these countries will be better prepared to take on the major challenges of the upcoming century.
The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, is seen by many as a fundamental basis for peace and prosperity for people and the planet. At its core are the 17 Sustainable Development Goals (SDGs). These goals recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests. These goals reinforce the social enterprise viewpoint that there is no such thing as real climate justice without the economic justice that underpins it.
Social enterprises are seen as a key vehicle towards the transition to a post-carbon emitting future. As long as they have existed, social enterprises have shown themselves to be key contributors to the circular economy and leaders in challenging environmental and economic inequalities. Indeed, even the premise on which social enterprises are built, the pursuit of purpose over profit means they are at a distinct advantage in the green transition in comparison to traditional enterprises.
This agility serves greatly as the business model can pivot faster and more efficiently.In fact, traditional enterprises are, at times, incentivised to work in ways completely antithetical to the morals of the green transition as they are obliged to maximise profits. If they don’t do this, they leave themselves open to legal challenges from investment companies who seeks stable returns for their customers or their model falls apart.
This fact has been noted by the European Commission which has developed the EU Green Deal. This is primarily an action plan, to boost the efficient use of resources by moving to a clean, circular economy and to restore biodiversity and cut pollution. The overarching objective is for the EU to become the first climate neutral continent by 2050. And, they’ve put their money where their mouth is, with a number of funding mechanisms in place to facilitate the EU Green Deal, totalling over €1 trillion!
When it comes to social enterprises, there are lots of environmental wins to be made, even from the smallest of organisations. Moving towards a more sustainable business model can be daunting but you’re already ahead of the pack!
– – – – – – – – – – – – – – – – – – – – – – –
Original article available in Revitalese.eu blog.
Photo by Edward Howell on Unsplash
Measuring the Good – Developing Impact Measurement in Finland.
(NOTE: The links from this article refer to pages that are currently only available in Finnish)
Finnish association for social enterprises ARVO has partnered during the recent years partnered with a range of high-profile impact investing and developing partners – such as ME-Säätiö – in an impact measurement development project called Hyvän Mitta (Measure for Good). The project has had an ambitious aim: to develop common tools for impact measurement to be used by the impact ecosystem in Finland.
Measuring Good since 2016
Since 2016, the project has done systematic work on this theme. The results of the development phase 1 are already visible. On top of the 12 case organizations’ impact assessment reports, an outline of the work done and findings of the impact assessments can be found now in the project’s materials.
Phase 2 of the development work is still ongoing. There are new pilot organizations involved, and more defined work done in their impact measurement. As the first phase introduced a new impact modelling tool, the Impact Chain, work is now being done to put this model into action.
Impact Chain – a model for systematic impact work
Impact Chain is a systematic framework for measuring impact. As it defines the society’s NEED and an organizations VISION and GOAL on how to meet this need, takes into account the RESOURCES and ACTIONS of an organization, and goes on the follow up on the RESULTS and IMPACT, all the way back comparing these to the original need – it gives an interesting, comprehensive yet quite simple-to-use basis for impact work.
The tool is described in more detail here, with instructions on where to start with your impact work. For some great tips on how to use the tool, check also this blog post.
From data chains to impact stories
The beauty and potential of this kind of systematic framework, if used as an everyday tool in leading for impact, is the way it may help an organization to streamline their data. As data is gathered from each part of the chain, and organized in a systematic manner, it eventually forms a data chain.
There’s naturally a lot of work behind all this impact modelling and data gathering. But when done in an careful manner, prizes might make them well worth it. Better decisions can be made, based on measured facts, on how to use the organizations resources and what kind of actions to take to make the impact even wider. And not only that. Impact communication – telling your own story of change, the logic of how the impact is achieved – becomes much easier. Data chains can be turned into stories of impact.
Communicating impact
After the good has been measured, it’s time to tell the impact stories. In an engaging and informative way, by using modern media. The latest work package of Hyvän Mitta project, Vaikuttavuusvideo – Impact Video – was launched in June 2019, to do just that. Here, research is done on how and where the Finnish impact producers are communicating their impact. Impact producer’s capabilities to communicate their impact is developed, and piloting will be done on how to – in a most impactful way – communicate social impact on video. A short overview of the project aims can be found in English from the producer’s website, and more info in campaign site vaikuttavuusvideo.fi.
Measuring the Good
In short, measuring the good is all about cooperation, systematic leadership and modelling of impact, gathering relevant data, and eventually telling the impact story. For impact investors, customers, employees, partners and audiences of difference kinds, it’s ultimately about getting to know what kind of social change is really taking place and where.
Keep your hearts and minds open – proven impact coming up!
Microfinance in the European Union: market analysis and recommendations for delivery options in 2021-2027
This report assesses current microfinance provision in EU and presents recommendations on how to bridge the financing gap and to meet evolving market needs as a means of promoting growth, employment and inclusion across the EU. Most microfinance in the EU comes from larger providers, with support for smaller, non-bank lenders remaining limited. The EU has taken measures to improve provisions, such as the European Progress Microfinance Facility, launched in 2010 and complemented since 2014 by the Microfinance and Social Entrepreneurship axis of the EU Programme for Employment and Social Innovation (EaSI).
Catalog N. : KE-03-20-321-EN-N
Download here: https://ec.europa.eu/social/main.jsp?catId=738&langId=en&pubId=8347&furtherPubs=yes
This publication has been prepared within INDIGISE project. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.
Polish – Lithuanian project is the official partner for the European Social Economy Region Initiative 2021
The Interreg V-A Lithuania – Poland project „Partnership. Entrepreneurship. Action“ has been selected as one of the official European Commission European Social Economy Regions initiative (ESER) 2021 partners. Project partners from Poland represent Warmia and Masuria region.
The Project aims to support underserved young entrepreneurs (16 – 29 years) to start, grow and sustain their businesses – enabling them to create jobs, build communities and transform lives. The Lead Beneficiary of the project is the Lazdijai District Municipality Administration, other beneficiaries – the Orzysz municipality and the Tykocin municipality.
The closest Project event, benefiting from the ESER partnership will be the festival “Building a cross-border business” foreseen for 6-7th August, at which the European Commission expert will contribute with presentation/intervention. The Festival will be organized in the Lazdijai district with a total of expected guests 300. For more information on the event, please, follow our Programme’s Facebook http://bit.ly/38bCERQ and Lazdijai municipality web page https://www.lazdijai.lt/
The key objective of the ESER initiative – to raise awareness of the social economy at the regional and local level and build regional networks of social economy stakeholders. The ESER community actively contributes to the co-design and co-construction of EU policies in the field of social economy. More information on the ESER https://webgate.ec.europa.eu/fpfis/wikis/display/SEC/ESER+-+European+Social+Economy+Regions
Warmia and Masuria region will be supported by the WAMA-COOP Association form Olsztyn- see more here: https://webgate.ec.europa.eu/fpfis/wikis/display/SEC/Poland%3A+Warmian+and+Masurian+Region
This publication has been prepared within SENBS project No. 2020- 1-EE01-KA204-077999. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.
