CEF Annual report 2021
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56 <strong>CEF</strong> BUSINESS REPORT <strong>2021</strong><br />
GOVERNANCE 57<br />
SUSTAINABILITY, CORPORATE RESPONSIBILITY AND WELL-BEING<br />
At the <strong>CEF</strong>, we aim to balance environmental, social and governance aspects – for our institution,<br />
our partners, donors and beneficiaries, and society at large.<br />
We understand that corporate social responsibility directly impacts trust, identification, well-being,<br />
and green behavior. Consequently, organizational trust and identification directly influence<br />
employee well-being and behavior. With this in mind, we remain highly committed to pursuing<br />
environmental and social sustainability, as well as enhancing the well-being of our team. While<br />
we try to set a good example in the environment and the social landscapes where we operate, we<br />
also learn from the best practices of others.<br />
Despite the Covid-19 pandemic still having a great effect on our work, in <strong>2021</strong> we organized<br />
many activities to improve the well-being of others and our team members. Here are some of the<br />
highlights.<br />
Broader impact initiatives:<br />
• Blood donation<br />
• Supporting Pink October movement<br />
• December holiday activities: donations and presents to children in need, and writing greeting<br />
cards to the residents of the elderly and retirement homes<br />
• Furniture donation to Tabor Primary School in Logatec and to Ljubljana Pride Association<br />
Internal initiatives:<br />
• <strong>CEF</strong> commuter challenge (cycling to the office)<br />
• Taking part in the Ljubljana Marathon<br />
• Easter day cookie baking for the team<br />
• Hike to Polhograjska Grmada<br />
• Delivering appreciation packages to staff members infected by Covid-19<br />
We also put great emphasis on evolving our work culture in a way that enables and motivates the<br />
team members to create, systemize, transfer, use, and leverage knowledge. To achieve this, we<br />
develop and nurture standards, values and skills that build trust, confidence and engagement.<br />
We regularly attend external trainings, conferences and other learning events. Every two weeks,<br />
we exchange experiences internally or invite guests from other organizations to expand our horizons<br />
and challenge our perspectives. In <strong>2021</strong>, we organized 25 such events: 10 external knowledge-sharing<br />
sessions, 12 internal knowledge-sharing sessions, and 3 team retreats.<br />
We also advocate and endorse healthy work-life balance by offering several health-promoting<br />
opportunities. Due to the health measures taken because of Covid-19 in <strong>2021</strong>, many activities<br />
were put on hold or carried out in a limited capacity. We look forward to fully resuming them once<br />
the circumstances allow.<br />
In addition, we stimulate positive organizational culture by regularly monitoring the quality of the<br />
relationship between the employees and their organization. We take part in external and internal<br />
surveys measuring the satisfaction of team members on different levels. In <strong>2021</strong>, we also upgraded<br />
our work environment to support our innovative learning approaches, meet the growing need<br />
for hybrid events, and accommodate our agile work style.<br />
REALIZATION OF SUSTAINABLE DEVELOPMENT GOALS<br />
Our activities support the realization of Sustainable Development Goals (SDGs) that are part<br />
of the Agenda 2030 for Sustainable Development. The <strong>CEF</strong> activities support particularly the<br />
following two goals: SDG 16 and SDG 17.<br />
We are supporting all three dimensions and most of the thirteen priority areas laid out by the<br />
SEE 2030 Strategy, a joint call for action by all 13 SEE economies agreed in Antalya in June<br />
<strong>2021</strong>. By contributing to strengthened economic and financial governance of our constituency,<br />
taking a people-centered approach to adult learning, and developing and delivering<br />
our program in close cooperation with many partners, we support sustainable development<br />
in line with the dimensions of prosperity, people, and peace and partnerships respectively.<br />
SDG 16: PROMOTE PEACE, JUSTICE AND STRONG INSTITUTIONS<br />
All <strong>CEF</strong> learning and knowledge-sharing activities are intended to improve the capacities of public<br />
officials to facilitate their work performance. The final goal is to support the officials, their<br />
public financial management, tax policy and administration, and central banking reform efforts<br />
and, as a consequence, build effective, accountable and inclusive institutions at all levels.<br />
SDG 17: REVITALIZE THE GLOBAL PARTNERSHIP FOR SUSTAINABLE DEVELOPMENT<br />
On the way towards the realization of the SDGs, the <strong>CEF</strong> is partnering with multilateral and<br />
bilateral organizations, knowledge institutions, peer organizations, finance ministries, line<br />
ministries, central banks and other institutions from our constituency. The partners share<br />
our commitment to the region’s reform efforts. This strong and reliable partner network creates<br />
valuable synergies in implementing international development cooperation and thus<br />
accelerates progress in the realization of the SDGs.