There isn’t much around to govern social enterprises, so we don’t have much of a framework.
We report impact regularly internally (it’s in dashboards the whole team has access to) and through the B-Corp certification we get assessed in detail every few years. Our staff hold us to account, more than our customers or the law.
For us we found a mechanism where benefit and profit are aligned, and I think most good social enterprises have done the same. That’s to say that the more impact we have, the healthier we are on classic business metrics.
We report impact regularly internally (it’s in dashboards the whole team has access to) and through the B-Corp certification we get assessed in detail every few years. Our staff hold us to account, more than our customers or the law.
For us we found a mechanism where benefit and profit are aligned, and I think most good social enterprises have done the same. That’s to say that the more impact we have, the healthier we are on classic business metrics.