The social economy consists of 2.8 million entities in Europe, providing more than 13 million paid jobs and covering 6.3% of the total workforce. Its unique quality is its motivation derived from the needs of individuals and communities, putting people and the planet before profit. The actors of the social economy not only create quality jobs and ensure labour market integration of disadvantaged groups but also provide key affordable goods and services to communities, reinvest at least a part of their profits into green and social causes and set examples for resilient and sustainable business models that promote democratic principles and active citizenship.
Social Platform welcomes the adoption of the Social Economy Action Plan (SEAP) in 2021 and the increasing awareness about the role of social economy within the EU. Social Platform and its members underline that its full implementation can lead to the significant development of social economy and its mainstreaming across EU policies.
