These resources have been created for social enterprises to use in their own press releases and communications to show they are part of a wider movement of business for good. Whenever you go out to press we encourage you to shout out loud that you are a social enterprise!
Updated on 16.02.21
Use this at the bottom of your press release for some added social enterprise context
About Social Enterprises
Social enterprises are businesses which trade for a social purpose that reinvest or donate over half their profits to further this social or environmental mission. They are an increasingly important part of the UK economy contributing £60 billion and employing 2 million people. Estimates are there are 100,000 in the UK. Research carried out by Social Enterprise UK, the membership body for the sector, shows they are outperforming traditional businesses when it comes to start-up rates, turnover growth and innovation. They are also ahead of the pack when it comes to workforce diversity and pay. For more information and statistics see Social Enterprise UK’s State of Social enterprise Report 2019 and the ‘Hidden Revolution’ report which showed the true scale and impact of the sector.
Social Enterprise Statistics
Use these statistics from SEUK’s State of Social Enterprise Report to show the wider impact and strength of the UK’s social enterprise movement which is leading the way when it comes to start-up rates, innovation, diversity, pay and creating opportunities where they are needed most. Please be sure to reference the report when using these.
GROWING IN NUMBER: 42% of social enterprises are under 5 years old, which is three times the proportion of SMEs more widely (14%). Three in ten social enterprises are three years old or less, even higher than previously, showing that the start-up wave identified in previous research continues to surge.
GROWING IN SIZE: 52% of social enterprises grew their turnover in the last 12 months. This is higher than in 2017 and much higher than the 34% of SMEs who have seen an increase.
INDEPENDENT BUSINESSES: Social enterprises are businesses that earn their income through trading, competing in the marketplace – 77% of social enterprises earn more than 75% of their income from trading, upon our previous survey.
MORE INNOVATIVE: The proportion of social enterprises introducing a new product or service was 56% in 2019, higher again than previous years and far outstripping SMEs, at 36%.
COMMERCIALLY SUCCESSFUL: 48% of social enterprises made a profit in the past year, with 27% breaking even and a lower percentage losing money than in previous research. The longer a social enterprise has been around, the more likely it is to make a profit.
MORE DIVERSE: 40% of social enterprises are led by women, over twice as high as SMEs more widely (17%). Two in five (42%) have a majority female workforce; for 13%, women are the entire workforce. 34% of women-led social enterprises are under three years old, compared with 28% led by men.
MORE REPRESENTATIVE: 13% of social enterprises are BAME led and 35% have BAME directors making social enterprises much more representative of the population as a whole. 42% of BAME-led social enterprises are under three years old, showing the vibrancy of this part of the sector.
JOBS WHERE THEY’RE NEEDED: 73% of respondents reported that their organisation works with individuals facing disadvantage, also up on previous years, while 42% reported that their organisation seeks to employ them.
JOBS THAT ARE VALUED: Three-quarters (76%) of respondents said that they were a Living Wage employer
RESPECTING THE ENVIRONMENT: Nearly nine out of ten social enterprises (88%) report that their organisation actively aims to minimise its environmental impact, up from our previous survey.
DRIVING SUSTAINABILITY: 65% of social enterprises expect the focus on sustainable and environmentally friendly processes within their organisation to increase in the next two to three years. This is significantly higher than SMEs more widely (49%).
BALANCING PROFIT AND PLANET: 75% of social enterprises stated that they see environmental considerations as being of equal or more importance than cost when it comes to procurement decisions. This compares to 24% of SME owners
More information can be found in our State of Social Enterprise Report: Capitalism in Crisis?
If you are a member of Social Enterprise UK we may be able to provide you with a quote for your press releases. Get in touch with our communications team – firstname.lastname@example.org