MAY 2018
The May 2018 edition of Co-op News: connecting, challenging and championing the global co-operative movement. This issue shines a spotlight on governance – and how co-operatives do it differently. We also look at co-ops on the agenda in Westminster, sustainability supporting and preview some of the motions being put to the vote at the Co-op Group AGM.
The May 2018 edition of Co-op News: connecting, challenging and championing the global co-operative movement. This issue shines a spotlight on governance – and how co-operatives do it differently. We also look at co-ops on the agenda in Westminster, sustainability supporting and preview some of the motions being put to the vote at the Co-op Group AGM.
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Healthy Choices and Ethical<br />
Challenge Workshops<br />
The Healthy Choices and Ethical Challenge<br />
Workshops are delivered in schools to educate<br />
students around healthy eating and Fairtrade.<br />
A total of 2,329 students have participated in<br />
the Healthy Choices Workshops and 1,500 in the<br />
Ethical Challenge Workshops during the past year.<br />
Healthy Choices offers the chance for children<br />
to get hands-on with a range of activities,<br />
including how to make fun fruit kebabs, gain an<br />
understanding of food labelling, and learn about<br />
the importance of getting meal portion sizes right<br />
so that no food goes to waste.<br />
Ethical Challenge Workshops are designed<br />
to teach people how Fairtrade ensures better<br />
prices, decent working conditions and fair terms<br />
of trade for farmers and workers across the world.<br />
Recently, 140 children from Tibshelf Infant and<br />
Nursery School, in Alfreton, were treated to a<br />
special assembly talking about the importance<br />
of Fairtrade and Healthy Choices.<br />
Zoe Andrews, a teacher at Tibshelf Infant and<br />
Nursery School, said: “Events like these are<br />
important as the children really enjoy learning how<br />
to make more informed choices and where their<br />
food comes from.”<br />
The SROI for Healthy Choices and Ethical<br />
Challenge Workshops is based on the feedback<br />
from teachers, students and colleagues<br />
who volunteered.<br />
The total social value achieved by the Healthy<br />
Choices Workshops is £84,553, giving an SROI<br />
of £44.50 for every £1 of grant spent.<br />
The total social value achieved by the Ethical<br />
Challenge Workshops is £57,837, which gives an<br />
SROI of £26.41.<br />
These initiatives provide significant social value<br />
and SROI figures primarily due to the large number<br />
of students who have benefited from the workshops<br />
and the outcomes around healthier eating.<br />
Why SROI? Q&A with Caroline Maddox,<br />
CEC Engagement and Public Relations Manager<br />
WHY DID CEC DECIDE TO PRODUCE AN SROI REPORT?<br />
We decided to break new ground as the first co-operative to undertake<br />
an SROI report last year, as we wanted to ensure the projects we undertake<br />
are making a real difference in our communities. Measuring SROI assigns<br />
a monetary value to the social value created by an organisation – social<br />
value is anything that has a beneficial impact on people, economics,<br />
the environment or community regeneration.<br />
WHAT ARE THE BENEFITS OF SUCH A REPORT?<br />
Both the first and second reports allowed us to make honest<br />
assessments of inputs and robust valuations of the impacts they have<br />
been having. It allows us as a Society to validate our community and<br />
corporate responsibility strategies, providing us with metrics we can<br />
use to continue to evaluate future projects and also identify areas<br />
where we can improve in the future.<br />
HOW WERE COLLEAGUES AND MEMBERS INVOLVED IN THE REPORT?<br />
Given that our community investment is one of our core differentiators<br />
and key to the Society’s operations, we sought colleague feedback on<br />
both individual projects and the Society’s values, allowing us to really<br />
find out the differences that are being made. We also engaged with<br />
several other stakeholders including customers and people involved<br />
with our various projects and campaigns. This helped us find out that,<br />
for each pound invested in particular activities, we generate an average<br />
social return of £23.15 – an increase on the first report which saw us<br />
record a figure of £20.50.<br />
HOW WILL THIS HELP THE SOCIETY AND ITS COMMUNITIES IN THE FUTURE?<br />
Working once again with specialists Make an Impact CIC, we have<br />
achieved a robust analysis of our community impact and the SROI report<br />
continues to be great indicator of how we are doing – and will also help us<br />
plan for the future. Overall, by offering training and educational activities,<br />
we, as a Society, help build loyalty, which in turn promotes economic<br />
participation. By creating a surplus, this helps us continue to deliver<br />
community-based activities while building sustainable communities.<br />
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