An alliance among companies, public and private institutions aimed at making Turin one of the best places in the world to do business and finance pursuing goals of economic viability along with objectives of social impact. A cluster of skills, activities, services to strengthen and promote the local ecosystem in the framework of Agenda 2030.

An open Ecosystem

01

Turin and the impact economy

Turin is the ideal ecosystem to undertake the paradigm shift toward a social impact economy and make it a determining factor for local development policies: a solid set of scientific and technological skills, an industrial system strongly characterized by know-how and deeply rooted in society, a Third Sector that combines a consolidated social, civil and religious vocation with significant entrepreneurial skills, a deep-rooted international openness, a new generation of social incubators and accelerators, an innovative public administration and wealthy financial institutions already impact-oriented.

Turin is a mature and dynamic ecosystem with a scale suitable for experimentation and a strong tradition of co-planning at the territorial level.

02

Torino Social Impact

Torino Social Impact is an open platform already gathering over 290 companies, institutions, financial operators, charities, foundations and third sector enterprises. They joined the project by subscribing a MoU aimed at sharing ideas, experiences, projects and resources in order to catalyze and attract investments and activities which aspire to solve emerging social problems through economically sustainable business models.

Promoters and partners

Timeline

November 2017

Memorandum of Understanding

2018

TSI’s Strategic Plan and governance definition

November 2019

Launch of the competence center for the impact assessment of the provision of services and of the professional training course about the social impact evaluation.

March 2020

Initiating Covid-19 emergency support and analysis activities

September 2020

Presentation of the Feasibility Study for a Social Impact Grant

October 2020

Participation of Torino Social Impact spokesman in the hearing with EU Commissioners Schmit (Labour and Social Rights) and Breton (Internal Market) on Skills for the Social Economy & Proximity Ecosystem

November 2020

Launch of four working groups coordinated by the partners

  • Innovation mapping
  • Impact finance
  • Tech4good
  • Internationalization

March 2021

The City of Turin is designated as a Social Innovation Competence Centre by the European Commission

April 2021

04.26.2021 | Establishment of the Promoter Committee for the first Social Impact Stock Exchange

04.29.2021 | Organisation of the session “Partnerships for maximising social impact” within the Digital Road To Manneheim

October 2021

TSI main partner del GSG For Impact Investing Global Summit e Impact Narrative Award

Closing BUY TSI

November 2021

TSI Art Awards 2020 e 2021 presented at Artissima

December 2021

Ashoka Changemaker Summit in Torino
Presentation of the Masterplan for Torino Social Impact

February 2022

Start of experimentation of the Social Stock Exchange

March 2022

03.07.2022 | Launch of the TSI Buy Social Protocol

03.25.2022 | First networking among TSI Benefit Corporations

03.26.2022 | Torino Social Impact meets the Vice-Minister of Economy and Finance (MEF) in charge of social economy

May 2022

05.23-25.2022 | GSG Leadership Meeting in Turin

05.23.2022 | A New Impact Era, public event c/o Ogr Turin

June 2022

06.02.2022 | TSI at the International Festival of Economics

  • THE FINANCE THAT’S GOOD FOR THE SOCIAL ECONOMY, Charles Albert Square
  • THE NEW SOCIAL ECONOMY AND INNOVATION POLICIES, Egyptian Museum

06.27.2022 | Start of Artists Residency third edition TSI Art Award

September 2022

09.13-14.2022 | First mission to Barcelona of RESPONDET (Regional Social Economy Policies for sustainable community-Driven Enviromental Transition) project, European COSME call for proposals

October 2022

10.24-25.2022 | Social Value Matters International Event

November 2022

11.4-6.2022 | Exhibition of works third edition of TSI Art Award at Artissima

11.7-8.2022 | Global Social Business Summit with Nobel laureate Prof. Yunus in Turin, Italy

January 2023

01.27.2023 | First Fit4Benefit meeting of TSI Partner Benefit Societies

February 2023

02.6.2023 | Launching 4th edition CUAP – University Course of Professional Development in Social Impact Assessment

 

May 2023

11.05.2023 | Social Impact Exchange Report Presentation

June 2023

7-9.06.2023 | Social Economy Conference 2023, Göteborg

15.06.2023 | Launch of the Working Group on Real Estate Valuation of the City of Turin

28.06.2023 | Launch of the Competence Centre for Social Impact Assessment

29.06.2023 | Workshop programma Erasmus + Eu project hub

July 2023

12.07.2023 | Workshop programma progetto LIFE Eu hub

September 2023

13.09.2023 | Horizon Eu project hub programme workshop

24.09.2023 | First Clean Up Torino event of the Community of Practice on Circular Economy

25.09.2023 | First meeting of the Community of Practice on Neet

October 2023

02-03.10.2023 | GSG Summit in Malaga

26.10.2023 | First training event for enterprises and social cooperatives of the European Buy Social project

November 2023

13-14.11.2023 | EU Social Economy Conference in San Sebastian

22-24.11.2023 | Evpa’s Impact Week, annual event on Impact Investing

24.11.2023 | “Circular Economy: The City at Play” event of the Circular Economy Community of Practice

27.11.2023 | Event “The Benefit Society model for generating social impact” of the SB Community of Practice

February 2024

5.02.2024 | Launch of the 5th Cuap, University Course for Professional Development in Social Impact Assessment

12-13.02.2024 | TSI speaks at the European Social Economy Conference in Liège – Belgian Presidency of the Council of the EU

03

Mission and principles

The mission of Torino Social Impact is to strengthen the local system and qualify it as one of the best places in the world to do business and finance by pursuing economic goals along with social impact objectives, in the framework of the Sustainable Development Goals 2030.

Torino Social Impact believes that impact must be based on three principles:

  • Intentionality – To act with the aim of generating social value
  • Additionality – Operate in sub-capitalized sectors which are excluded by market mechanisms
  • Measurability – Apply ex ante evaluation methods and ex post measurement tools
04

Torino Impact City 2022-2024 – Master Plan

Turin reaps the benefits of the investments made in recent years to strengthen the social impact ecosystem, confirming its prominent role nationally and internationally.

After developing an initial strategic plan in 2020, in 2021 Torino Social Impact approved a path to draft and implement a master plan to establish the social impact ecosystem.

The strategy is based on the idea that the city’s historical vocation for social entrepreneurship, the density of technological capabilities, and the presence of major social impact-oriented financial investors provide the foundation for social and industrial development for the metropolitan area and the whole country.

To learn about the progress of the Master Plan projects, see the reports.

05

Activities

Ecosystem building: let companies find the best conditions to do business with a social impact through services, skills, impact finance tools, innovative projects.

Identity promotion : enhance visibility and attract investments through a collective c brand aimed at positioning the territory on the global map of social impact.

What We Do

06

Governance

The signatories of the MoU are part of the co-planning Assembly of Torino Social Impact, whose operating structure is financed by the Turin Chamber of Commerce within the activities of the Committee for social enterpreunership and by the Compagnia di San Paolo. Specific thematic projects receive contributions from the other partners.

Torino Social Impact is not a legal entity and is led by a Spokesperson.

Spokesperson:
Mario Calderini

Advisors:
Raffaella Scalisi – International Activities, Communication, Strategic Projects

Operational team:
Simona De Giorgio – Coordination and Center of Expertise for Impact Measurement and Evaluation
Irene Maddio-Rocco – Project Manager
Lorena Di Maria – Organizational secretariat

Grace De Girolamo – Communication and External Relations
Corinne Infurna e Denise Junod, Sixeleven – Digital Media Specialists
Giulia Datta – Web Editor

Laura Cosa – Project Manager Social Impact Exchange

Tommaso Tropeano – Research Area

Vittorio Favetti – Administrator

Timeline

November 2017

Memorandum of Understanding

2018

TSI’s Strategic Plan and governance definition

November 2019

Launch of the competence center for the impact assessment of the provision of services and of the professional training course about the social impact evaluation.

March 2020

Initiating Covid-19 emergency support and analysis activities

September 2020

Presentation of the Feasibility Study for a Social Impact Grant

October 2020

Participation of Torino Social Impact spokesman in the hearing with EU Commissioners Schmit (Labour and Social Rights) and Breton (Internal Market) on Skills for the Social Economy & Proximity Ecosystem

November 2020

Launch of four working groups coordinated by the partners

  • Innovation mapping
  • Impact finance
  • Tech4good
  • Internationalization

March 2021

The City of Turin is designated as a Social Innovation Competence Centre by the European Commission

April 2021

04.26.2021 | Establishment of the Promoter Committee for the first Social Impact Stock Exchange

04.29.2021 | Organisation of the session “Partnerships for maximising social impact” within the Digital Road To Manneheim

October 2021

TSI main partner del GSG For Impact Investing Global Summit e Impact Narrative Award

Closing BUY TSI

November 2021

TSI Art Awards 2020 e 2021 presented at Artissima

December 2021

Ashoka Changemaker Summit in Torino
Presentation of the Masterplan for Torino Social Impact

February 2022

Start of experimentation of the Social Stock Exchange

March 2022

03.07.2022 | Launch of the TSI Buy Social Protocol

03.25.2022 | First networking among TSI Benefit Corporations

03.26.2022 | Torino Social Impact meets the Vice-Minister of Economy and Finance (MEF) in charge of social economy

May 2022

05.23-25.2022 | GSG Leadership Meeting in Turin

05.23.2022 | A New Impact Era, public event c/o Ogr Turin

June 2022

06.02.2022 | TSI at the International Festival of Economics

  • THE FINANCE THAT’S GOOD FOR THE SOCIAL ECONOMY, Charles Albert Square
  • THE NEW SOCIAL ECONOMY AND INNOVATION POLICIES, Egyptian Museum

06.27.2022 | Start of Artists Residency third edition TSI Art Award

September 2022

09.13-14.2022 | First mission to Barcelona of RESPONDET (Regional Social Economy Policies for sustainable community-Driven Enviromental Transition) project, European COSME call for proposals

October 2022

10.24-25.2022 | Social Value Matters International Event

November 2022

11.4-6.2022 | Exhibition of works third edition of TSI Art Award at Artissima

11.7-8.2022 | Global Social Business Summit with Nobel laureate Prof. Yunus in Turin, Italy

January 2023

01.27.2023 | First Fit4Benefit meeting of TSI Partner Benefit Societies

February 2023

02.6.2023 | Launching 4th edition CUAP – University Course of Professional Development in Social Impact Assessment

 

May 2023

11.05.2023 | Social Impact Exchange Report Presentation

June 2023

7-9.06.2023 | Social Economy Conference 2023, Göteborg

15.06.2023 | Launch of the Working Group on Real Estate Valuation of the City of Turin

28.06.2023 | Launch of the Competence Centre for Social Impact Assessment

29.06.2023 | Workshop programma Erasmus + Eu project hub

July 2023

12.07.2023 | Workshop programma progetto LIFE Eu hub

September 2023

13.09.2023 | Horizon Eu project hub programme workshop

24.09.2023 | First Clean Up Torino event of the Community of Practice on Circular Economy

25.09.2023 | First meeting of the Community of Practice on Neet

October 2023

02-03.10.2023 | GSG Summit in Malaga

26.10.2023 | First training event for enterprises and social cooperatives of the European Buy Social project

November 2023

13-14.11.2023 | EU Social Economy Conference in San Sebastian

22-24.11.2023 | Evpa’s Impact Week, annual event on Impact Investing

24.11.2023 | “Circular Economy: The City at Play” event of the Circular Economy Community of Practice

27.11.2023 | Event “The Benefit Society model for generating social impact” of the SB Community of Practice

February 2024

5.02.2024 | Launch of the 5th Cuap, University Course for Professional Development in Social Impact Assessment

12-13.02.2024 | TSI speaks at the European Social Economy Conference in Liège – Belgian Presidency of the Council of the EU