About the social economy

Photo credit: Marks & Spencer

The fast growing social economy is proving that companies can do business in a way which benefits the world around them. Like most companies, social businesses and enterprises generate revenue, but they do so in a way which aims to deliver lasting social impact as well.

By forming partnerships with these social businesses, major firms around the world are radically improving their corporate social responsibility strategies.

ClearlySo's Business Development Manager Sheena Pentin, says that: "Corporations have decided they want to deliver greater social and environmental impacts, but are not certain how. Helping them in this regard is now a major aspect of our activity at ClearlySo".

Government statistics suggest there are 62,000 UK social enterprises. However, the true figure may be larger and is growing rapidly. This sector is growing faster than the UK economy as indicated by a recent report from Social Enterprise UK. While traditional business struggles through the recession, it suggests social enterprise is growing.

"Corporations have decided they want to deliver greater social and environmental impacts, but are not certain how."

Sheena Pentin, ClearlySo Business Development Manager

According to recent research, social entrepreneurs are more optimistic about the future and have more ambitious plans for growth. By engaging with these exciting organisations, your company will not only fulfil its social objectives, but can also gain a crucial edge on your competitors.

Corporations can also learn new business models or alternative approaches to market segments by engaging with social businesses and enterprises. Contact us and we can help you explore how best to achieve this.

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