Social enterprises

Home/Tag: Social enterprises

What Today’s C-Suite Executives Can Learn From Social Enterprises

Since the Business Roundtable announced that they were redefining the “purpose of a corporation,” some skepticism has permeated the surrounding public dialog. In August, more than 180 global industry leaders, from the heads of Apple to PepsiCo to Amazon, issued a joint statement asserting that companies should no longer focus exclusively on shareholder profits, but also invest in their

How Buying Social Is Changing The World

At the Houses of Parliament in London earlier this year, SAP Executive Board member Adaire Fox-Martin (pictured above) appealed to an audience of the United Kingdom’s leading social-enterprise CEOs and corporate executives to come even closer together to find “a better way to grow.” Together with Chair Lord Victor Adebowale and CEO Peter Holbrook, Adaire

Research shows people want public services delivered by social enterprises

New research conducted by YouGov shows people trust social enterprises more than private enterprises to deliver outsourced public services and believe they do so with more expertise, efficiency and value for money. The findings demonstrate the public want to see a better model to deliver services, and would prefer local authorities to contract with purpose-driven

Wow!: 10 Social Enterprises That Are Helping Refugees

From virtual banking to flower arranging, businesses seeking to help refugees are multiplying as the number of people forced from their homes around the world grows. There are now 25.9 million refugees globally, according to the United Nations, and some have found innovative ways to earn a living while helping their adopted communities or others

Social enterprises need a business brain

The idea of running a business that has a strong social mission, is launched from a solid ethical platform, and proudly commits to reinvest profits for the greater good is an attractive proposition. But is it a model for a sustainable business? You can’t actually add social value if you don’t have a sustainable business

The Power Of Purpose: What Every 2020 Candidate Should Know About Nonprofits And Social Enterprises

One of the most experienced leaders in the non-profit and social enterprise world, Robert Egger is an outspoken voice in leading the transformation of these fields. In this interview, he advances some provocative thoughts on how the non-profit and social enterprise worlds should marshal their resources and treat their unique scale and influence like for-profit businesses do–and

Reimagining the Economy: The Social Justice Enterprise

The belief that you can “do good while doing well” has entered the mainstream. Evidence of the trend ranges from the popularity of certifications like B Corp and the institutionalization of social enterprise as an academic field to the popular appetite for critiques of the concept—like that of Anand Giridharadas, in his best-selling book Winners Take

Looking beyond the profits, corporations with a social conscience wonder how to measure success

Social businesses trying to solve a diverse range of problems, from homelessness to gender inequality, the refugee crisis to plastic pollution, often share the same conundrum — how to measure success. In an era of greater transparency, consumers and investors increasingly expect companies to look beyond profits and report their environmental and social impact. For

4 Ways Socially Responsible Companies Can Balance Impact and Revenue

Is social impact important to consumers? The data shows that the answer to this question is a resounding “Yes!” According to a 2018 Human Capital Trends Survey conducted by Deloitte, 86 percent of millennials think that business success should be determined by more than just a company’s financial outlook. Also, according to the 2018 Edelman Trust Barometer,

How Do We Create A More Diverse Community Of Social Entrepreneurs

Social enterprises are businesses which trade for a social purpose that reinvest or donate over half their profits to further this social or environmental mission. They are an increasingly important part of the U.K. economy contributing £60 billion ($77 billion) and employing 2 million people. Estimates are there are 100,000 in the U.K.. SEUK’s State of Social Enterprise

One in 20 UK workers part of ‘hidden revolution’ to reform capitalism

One in 20 British workers - or 2 million people - have jobs with firms that seek to do good while also earning a profit, research showed on Wednesday, dubbing it a “hidden revolution”. Social enterprises also contribute 60 billion pounds ($79 billion) to the world’s fifth largest economy - 150 percent higher than the

How To Overcome The Gender Pioneer Gap

Earlier this year, Oxfam International reported that 1% of the global population generated 82% of the wealth in 2017. In March, Forbes reported that there are more than 2,200 billionaires in 72 countries, with a collective net worth of $9.1 trillion -- up 18% year over year. And in July, Jeff Bezos, founder and CEO of Amazon, became the richest

What Social Enterprises in the Global South Can Teach the North

A woman living in a rural village in Bangladesh is not feeling well. Getting to the nearest hospital to see a doctor would take two hours and be a considerable expense. Luckily, she lives in the same village as a young man who is a franchisee of Amader Daktar, otherwise known as Doctor in a Tab—an

Supporting social enterprises

You could say that supporting social enterprises is an easy way to do good in the world – if you have to buy hand soap or toilet paper anyway, why not buy from a social enterprise to support someone else changing the world? But how much of a difference does it really make? We crunch

The Competitive Advantage of Social Enterprises

Ann Yang and Phil Wong were the darlings of their local startup world in Washington, DC. The precocious founders established their venture, Misfit Juicery, while they were still Georgetown University undergraduates. Their idea was simple: Take fruits and vegetables that would otherwise be thrown away, and turn them into cold-pressed juice. Based on this simple idea,

Next stop, social innovation!

The concept of Drivers for Change, which took place for the first time last week, is simple: 100 entrepreneurial and creative 18-25 year olds spend 11 days travelling on buses together to visit social enterprises situated across eight UK cities including Bradford, Bristol, Edinburgh and Liverpool. The trip was inspired by Jagriti Yatra, a train journey which

Social Enterprises Get Boost From European Parliament

At the beginning of July, the European Parliament voted in favour of creating a label for social enterprises. The 77% majority sends a strong signal that Europe is ready to give further recognition of social and solidarity-based enterprises. The vote came after the European Parliament Committee on Legal Affairs and the Committee on Employment and

Low-Carbon Sustainability Transitions For Social Enterprises

The third sector of the economy, where social enterprises sit, has increasingly become a key driver of social progress where legislative and market failures occur. Social enterprises are a proven model for social change given the autonomous nature of the social-economic model they apply to reduce state social welfare dependence. The contribution of social enterprises

A New Approach to Solving the US Housing Crisis

That rents are sky high in many major US cities should come as no surprise. In San Francisco, the average cost of a two-bedroom apartment is a staggering $5,043 per month, and even with one of the nation’s highest average median incomes of $96,677, the astronomical rents make the city unaffordable for a lot of people. In Boston,