What is our Social Impact?
So how does an organisation ‘make a social impact to create social change’? In our case, our social enterprise funds our charity the Family Benefits Advice Service and research and lobbying work. Through our telephone helpline and outreach services last year (2017/18) we completed more than 7,500 personal benefits checks for parents, delivered 458 outreach sessions and helped over 13,600 people. Parents who received a personal benefits check identified an average of £3,589 in financial support and collectively saved more than £13.2 million. So that’s £13.2 million put back into parents’ pockets, helping them to stay in work and driving the economy – positive social change in action!
To read more about how our Social Enterprise supports our charity, download our Social Impact 2017/18 report.
Since 2008, as a result of parents and employers choosing to ‘buy social’ and using Employers For Childcare to administer their Childcare Voucher Scheme, not only have they saved money, but they have enabled us to invest £6.2 million into helping working families across the UK.
Buy Social Corporate Challenge 2020
A group of high profile businesses are aiming to spend £1 billion with social enterprises by 2020 as part of the Buy Social Corporate Challenge. This is a Social Enterprise UK initiative, in partnership with the UK Government, and sees a number of forward-thinking companies opening up their supply chains to social enterprise. In the first two years of the initiative, over £45 million has been spent by corporate partners and the Challenge has helped to create 329 jobs at Social Enterprises. Through corporate contracts, social enterprises have been able to reinvest £2.98 million into their social missions.
In 2018, Employers For Childcare was delighted to welcome Interserve PLC as a new user of our Childcare Voucher scheme, through their commitment to the Buy Social Corporate Challenge.
If your organisation would like further information on how social business is good business, contact us on 028 9267 8200.
As a result of our impact, our Chief Executive, Marie Marin, was shortlisted as a finalist in the ‘Women in Social Enterprise’ category at the Social Enterprise UK Awards, 2018.
Marie is one of just 19 women who was nominated in both 2017 and 2018 for the NatWest WISE100 (Women in Social Enterprise 100) which recognises the most inspiring and influential women in social enterprise, impact investment and mission-driven business.