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Social Enterprise or Corporate Social Responsibility

Three important differences

Michael Freer
3 min readAug 31, 2020
Photo by Joel Muniz on Unsplash

There has been a noticeable shift in the amount of good that companies are saying these days. There are numerous foundations, sponsorships, grants and donations going on from big corporations, that some might start to think they’re a social enterprise.

Well, quite frankly, 99% of them are not, they are just exercising their CSR departments to show you that they care, and unfortunately in some cases that they want you to think that they care.

This is completely different to being an actual social enterprise, so we’ve broken it down into three parts for you to be able to assess whether a company might actually be one, or is just doing a bit of good and shouting about it.

Stakeholders vs Shareholders

As a social enterprise, you are constantly thinking about all your stakeholders. You reach far and wide, not just at your staff, but your customers, your suppliers, your local community and the environment.

Yes, the environment.

Potentially one of the biggest stakeholders for anyone out there, and I’m not too sure as a percentage, how many companies support that stakeholder. As a social enterprise, you are looking to have a positive impact on all…

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Michael Freer
Michael Freer

Written by Michael Freer

Social enterprise enthusiast, avid traveller and fiction writer. www.ensoco.co.uk

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