Wednesday, 20 May 2015

We've been working with the Social Enterprise Mark team to develop rules that are a solid basis for businesses seeking to use this badge of best practice. SEM is all about social purpose and community benefit, which provides an obvious fit with co-operatives; but not all co-op rules are helpful in showing how member benefit and social benefit fit together. We added new options to the Co-operative Rules and, added to the Community Benefit Society and Community Interest Company versions, we now have three great ways to structure a social co-operative.
Visit SEM at www.socialenterprisemark.com to find out more about how businesses benefit from using this brand, and click on 'registrations' or read this briefing to see how Somerset Rules social accounting, stakeholder engagement and ethical business practices put co-operation at the heart of social enterprise.