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Social Economy and Innovation

Social Impact Measurement for the Social and Solidarity Economy

 

  

GA_SSE_FPI_Logo

EU_Funded 

Social Impact Measurement for the
Social and Solidarity Economy


   25 January 2021   15:00 – 17:00 CEST (Paris time)   location icon grey tourism Virtual event (Zoom) 

 

■ What is the issue?

The Agenda 2030 calls on all actors in the economy to contribute to sustainable and inclusive development. As the financial and corporate sectors take strides to plan, implement, and assess their impact strategies, Social Solidarity Economy (SSE) organisations are under increasing pressure to demonstrate their value added to society. External donors and investors request evidence on how resources are used and what results are achieved. Public policies that place greater emphasis on competition for contracts, user choice and efficiency call for further attention to social impact measurement. Most importantly, SSE organisations can proactively and voluntarily embrace social impact measurement for both learning and promotional purposes.

SSE organisations pursue a social mission, which they prioritise over the maximisation of profits. This implies a heightened burden to prove their benefits to society and creates a strategic need to understand the levers and obstacles to positive social value creation. Social impact measurement does not merely serve as a tool for external accountability, but may provide SSE organisations with a differentiating factor in the market place as well as an opportunity for strategic reflection and growth. Yet both practical and theoretical difficulties hamper a more widespread adoption of social impact measurement by SSE organisations. The lack of a clear definition of social impact, shared by all actors in the SSE ecosystem, makes it difficult to translate it into meaningful measurement practices.

Social impact measurement is increasingly understood as an integral part of the intangible market infrastructure that is necessary to not only orient the supply of capital toward sustainable and responsible investment opportunities, but also to aggregate and organise the demand side in the social and solidarity economy. Across all countries covered by the Global Action (EU27 Member States, Brazil, Canada, India, Korea, Mexico and the United States), policy makers have taken initiatives to foster the emergence of a social impact measurement culture and support its dissemination in the SSE sector. National and local governments can do build on this by improving the policy framework, delivering methodological guidance, producing impact evidence and/or supporting capacity development.

Despite significant progress and growing international interest in greater harmonisation when appropriate, there is not yet one universally agreed approach for social impact measurement. Several methodologies exist, but they are not necessarily coherent and suitable for the needs of SSE organisations. Frequently applied methods range from collecting stakeholder feedback to conducting fully-fledged impact evaluations, which may also include monetary valuation. The diversity of tools and resources available can be daunting and difficult to navigate, especially for smaller or less experienced entities. While some guidance exists, ultimately each SSE organisation has to decide how to select and develop the most appropriate social impact measurement strategy, based on their needs and context

 

■ About the expert meeting
 
The OECD Global Action, through its work stream on social impact measurement, endeavours to explore: 1) current social impact measurement practices among SSE organisations; 2) the methodologies best suited to capture the social benefits of the SSE; and 3) policy initiatives to foster a social impact measurement culture and practice in the SSE ecosystem.
 
The main objective of the expert meeting will be to explore the different methodological trends related to social impact measurement and how public action can foster learning and accountability in the social and solidarity economy. Specific objectives include:
 
  • Taking stock of policy efforts to promote social impact measurement practice in countries covered by the OECD Global Action;
  • Better understanding the diversity, relevance and implications of social impact measurement methodologies as they are being applied in the SSE;
  • Identifying crosscutting opportunities and challenges that could inform the international guide on social impact measurement to be delivered by the Global Action in 2022. 

 

 ■ Organisation of theexpoert meeting

The meeting is organised around two breakout sessions:

  • Session 1 – Policy initiatives for social impact measurement in the Social and Solidarity Economy 
  • Session 2 – Methodologies for social impact measurement in the Social and Solidarity Economy

During each session, participants will split in small groups that will run in parallel, following the same agenda. Participants will be asked to support their arguments with examples from the countries targeted by the Action.

 

 

 

 

   

                       

 

               

 

 

 

 

 

 

 

 

 

 

 

Read the Webinar Highlights

 

Powerpoint Presentation

 

Full Agenda

 

List of Participants

Group photos from the event:

SIMforSSE_ExpertMeeting_Picture1  SIMforSSE_ExpertMeeting_Picture2

 

 

 

 Detailed Agenda

Moderator: Antonella Noya, Head, Social Economy and Innovation Unit, OECD

15.00-15.20

Opening 

Welcome

Antonella Noya, Head, Social Economy and Innovation Unit, OECD

Presentation of the OECD Global Action on Promoting Social and Solidarity Economy Ecosystems 

Karen Maguire,Head, Local Employment, Skills and Social Innovation Division, OECD  

15.20-16.40

Breakout discussions

After a short introduction, participants are invited to discuss in small groups.

Irene Basile,Policy Analyst, OECD

15.20-16.00

Session 1: Policy initiatives for social impact measurement in the Social and Solidarity Economy

Discussion questions:

  • How can public authorities promote social impact measurement by SSE organisations?
  • What public initiatives have been implemented in your country or region?
  • To what extent and why have they been successful, in your opinion?

16.00-16.40

Session 2 : Methodologies for social impact measurement in the Social and Solidarity Economy

Discussion questions:

  • What common methods and tools are being used by SSE organisations?
  • Have tailored methodologies been developed in your country or region?
  • What opportunities and challenges emerge in their application?

16.40-17.00

Closing

Final remarks

Corinna Valente, Programme Manager, Industrialised countries and foreign policy support

European Commission

Thank you and next steps

Antonella Noya, Head, Social Economy and Innovation Unit, OECD

 

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