✓ Certified
What does this mean?
Social Traders has checked the following to ensure that an organisation with the label ✓ Certified is a genuine social enterprise:
- The enterprise has a defined primary social objective and is able to provide evidence of its achievement
- The enterprise derives its income from trading activities :
- 50% or more if trading for more than 5 years, or
- 25% or more if trading for 3-5 years, or
- Has a genuine and demonstrable intention to generate 50% or more if trading for less than three years
- The enterprise must reinvest 50% or more of any annual profits made towards achieving the social purpose
These social enterprise certification criteria are derived from industry research and are consistent with international benchmarks.