Inclusion Factory successfully obtained the China Social Enterprise Certification, and now we can proudly say that we are a Social Enterprise!
Our company went through a comprehensive assessment consisting of four dimensions: social mission, social stakeholders, value creation, profit distribution, and sustainable development.We reached a high score of 393, which granted us the title of “Excellent Social Enterprise of China”.
What is a Social Enterprise?
A social enterprise is a business that aims at solving social issues, such as poverty alleviation, environmental protection, and creating employment opportunities for marginalized groups. The social mission of Inclusion Factory is using employment to promote the inclusion of people with intellectual disabilities into the society. The profi earned by social enterprises are used to develop their own business in order to maximize their social influence. Their goal is not to maximize the interests of shareholders.
We often use the “Double bottom line” (fiscal performance, positive social impact) to illustrate the unique value of social enterprises. The relationship between the double bottom line is actually a positive feedback loop. Unlike general social services, social enterprises need to have a clear business model to maintain their operations. At the same time, unlike conventional enterprises, the social objectives of social enterprises are the driving force behind their sustainable development. Therefore, “social objective”and “business model” are indispensable elements for a social enterprise.
Background of The Social Enterprise Certification
The Social Enterprise Certification which started its operation in 2015, originated from the China Charity Social Enterprise Certification Centre. It is the first non-governmental and industry-based social enterprise certification organization in China. China Social Enterprise Certification Centre (CSECC) was responsible for the implementation of the specific evaluation. As of January 2020, 283 social enterprises have been identified by them, covering 16 fields, including accessibility services, education, and employment for marginalized groups.
Thriving for “Gold Standard Social Enterprise”
Next step, we will continue to perfect the company’s self-management system, create more and more employment opportunities for people with intellectual disabilities, increase the quality of our service for our customers, and reach for the “Gold Standard Social Enterprise” title!