Innovative financial instruments as part of the development of social impact companies - Related Opinions
Exploratory opinion requested by the Luxembourg presidency
The EESC welcomes the debate on social impact measurements for social enterprises. However it feels that an incorrect or rushed approach may counteract the EU Institutions’ aim to support the development of the social enterprise sector. The EESC therefore urges the Commission to prioritise further awareness-raising and full implementation of the Social Business Initiative agenda. It recommends that, rather than developing a new method, the Commission build awareness of the most commonly used principles.