This is an optional Innovation & Leadership credit. These credits recognize exemplary practices and performance above and beyond what is recognized in standard credits and may not be relevant to every institution. Scoring in the Innovation and Leadership section is capped at 4 bonus points total.
IN 33: Social Enterprise – version 2.2
Frequently Asked Questions
What is a social enterprise?
Consistent with Social Enterprise Europe, social enterprises are defined as “businesses whose prime purpose is social, who operate ethically and are democratically owned and governed.” Social enterprises may include, but are not limited to, organizations that are nominally part of the social and solidarity economy, e.g. fair and ethical trade organizations, self-help organizations, and cooperatives.
Resources, Templates & Tools
Common Issues Identified During Review
- To count, the institution must currently be a Certified B Corporation, OR be formally recognized as a social enterprise (as evidenced by membership in a social enterprise network or inclusion in a social enterprise directory). Affirmative responses must be supported.