Global standards
The global standards, endorsed by all Australian social enterprise peak bodies, provide a simple and transparent framework recognised worldwide for identifying what a social enterprise is.
They outline that social enterprises do five things:
- Exist to solve a social or environmental problem
- Prioritise purpose, people, and planet over profit in operational decisions
- Have a self-sustaining revenue model
- Reinvest the majority of any surplus towards their purpose
- Choose legal structures and financing that protect and lock-in purpose long term
To become a Social Enterprise Member, organisations must meet the minimum requirement across the standards, including at least 1 point on each standard and 2 points on the revenue standard.
If you have completed, or are interested in completing, PPF verification, your membership fee covers the cost of this process.