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Articles by Jennifer Exon
Buy Social Europe targets €5bn corporate spend with social enterprises
SAP, Johnson & Johnson and Siemens among six big-name backers of campaign delivered by SEUK-backed startup Telos – which aims to highlight the “opportunities rather than risks” of supply chains. A new initiative aims to unlock up to €5bn in corporate contracts for social enterprises across Europe by 2030.
Thirty big businesses spent £250m with UK social enterprises in six years
AstraZeneca and Siemens among corporations that bought a quarter of a billion pounds-worth of goods and services from social enterprises as part of the £1bn Buy Social Corporate Challenge launched in 2016. Thirty large corporations have spent a quarter of a billion pounds on social enterprise goods and services over the past six years in the UK, a new report shows.
Big businesses spend record £73m through UK social enterprises in 2020
Large UK businesses spent almost £73m through social suppliers during 2020 – almost three times more than in each of the four previous years, according to Social Enterprise UK. Pharmaceutical company AstraZeneca, Barclays bank and construction firm Wates are among the businesses signed up to the Buy Social Corporate Challenge, which aims to get high-profile corporates to collectively spend £1bn on buying goods or services from social enterprises by 2026.
How to build an impact city: Unlock markets
Amsterdam Impact, the City of Amsterdam’s impact entrepreneurship initiative, believes that every euro spent on the products and services of social enterprises is a significant contribution to a more inclusive and sustainable economy. From supporting social procurement to launching consumer-oriented campaigns, improving the market access of impact enterprises is one of the six pillars of Amsterdam Impact’s 2019-2022 programme.
CEOs love innovation - but they’re missing the opportunity to use it for more social impact
I recently attended an institutional investor conference. In that room – worth $12tn of assets under management – there were a lot of topics of debate. Yet one subject matter required no further argument: five years ago it was enough for institutional investors to do no harm by divesting. Today, it’s no longer enough to be passive. Pressure from above and below The pressure from the ‘top’ is real.
Short n Sweet: 17 October 2019
‘Exponential’ growth in demand for B Corp status The number of UK businesses registering for an account on the B Lab website – the first step towards certification as a B Corporation – has risen “exponentially”, according to Chris Turner, executive director at B Lab UK. And yesterday, the Guardian Media Group became the first major news organisation to announce it would become a B Corp.
The Social Enterprise Magazine - Pioneers Post
A different perspective: Grants link global collaborators to boost economic equality Fresh approaches to supporting artisans, designers, IT specialists and others to grow their small businesses are under way around the world, focusing particularly on marginalised communities. GSG Honors: Rules & Guidelines for the 2019 Competition What qualities are we looking for in our potential global impact superstars?
Why convincing corporates to buy social is not a huge challenge
Three years ago, we launched the Buy Social Corporate Challenge at Number 11 Downing Street. This campaign asks corporates a simple question – what if you could use your everyday business spending to change lives? The ambition behind the Challenge is vast – to shift how big companies spend their money, using their supply chains and procurement functions to support social. At the core of the campaign is the premise that social impact can be embedded into the way businesses buy goods and services.
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