Businesses doing good are doing well. A certification scheme aims to keep it that way

Australians are increasingly seeking out businesses that prioritise social and environmental good, driving a boom in what is called the “social enterprise” sector.

With some large government, private infrastructure and construction contracts now mandating the use of social enterprises for a percentage of multi-million-dollar spends, the sector is growing by providing employment and fixing social problems through its work.

This shift in consumer and company behaviour is being strengthened by the launch of a broad certification system, to build confidence and ensure the money is being spent well.

The Purpose Precinct is Australia’s first and largest dedicated social enterprise precinct.(Supplied)

Social good

Social enterprises are for-profit businesses that tackle social or environmental problems while conducting their operations. 

Unlike typical businesses, they are specifically designed to create a positive impact on society or the environment.

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