The following USA based Infographic from GOOD and Deeplocal looks at for-profit organizations that strive to contribute good things to society. It gives an overview of the benefits of being a social enterprise.
Social enterprise’s are defined in this chart as companies that generate profits through goods and services, target long term change, operate in an open business market and lastly those that invest in a social or environmental goal. Estimates indicate that within the next decade the impact of investing in a social venture will grow to approximately $500 billion. The study also found that 63% of social businesses are profitable; and the majority of those who are currently involved are women.
This Infographic proves that when businesses go above and beyond to not only fulfill their purpose, but in aiding their society at the same time, it pays off on the long run. Whether it be with environmentally friendly products or production plants, or feeding the less fortunate, it’s a win-win situation.
Not on front page