Applicants are supported on their journey to social enterprise good practice and excellence.
It provides reassurance to consumers that a company is living up to its social/environmental claims.
It is awarded to organisations that can prove best practice across key business areas, including social impact, financial transparency and business ethics.
SOCIAL ENTERPRISE ACCREDITATION LEVEL
Committed to achieving social enterprise good practice standard
|Social Enterprise Mark
Social enterprise good practice standard
Social enterprise excellence
|£150+VAT/year||from £250+VAT/year||from £2,000+VAT/year|
|Must be primarily dedicated to social objectives (or dedicate profits to an organisation that is)|
|Must be an independent business|
|Must earn at least 50% of income through trading
*In response to the economic effects of the Covid-19 pandemic, we have agreed a temporary relaxation of the trading income criterion
|A principal proportion of profits must be dedicated to social purposes|
|Must commit to distributing residual assets for social aims if organisation is dissolved|
|Must demonstrate that social objectives are being achieved|
|Must provide evidence of effective governance|
|Must provide evidence of effective stakeholder engagement|
|Must provide evidence of ethical and good business practice|