The Buy Social Corporate Challenge is a simple initiative with a bold ambition:

A group of high-profile businesses are aiming to collectively spend £1 billion with social enterprises as part of the Challenge.

The Launch

Led by Social Enterprise UK in partnership with the Department for Digital, Culture, Media & Sport and Business in the Community, the Buy Social Corporate Challenge was launched in Downing Street in April 2016.

Speaking at the launch of the campaign then Minister for Civil Society, Rob Wilson, said:

This isn’t about asking businesses to spend more, but to spend in a way which helps us to build a bigger stronger society. It’s a win-win for businesses and social enterprises and I hope to see more big businesses sign up to the Challenge.

Click on the image above to see pictures from the launch 

The Partners

The Buy Social Corporate Challenge began with 7 Founding Partners and currently has 11 partners. Together, these businesses employ over 700,000 people around the world and have a combined turnover in excess of £157 billion.

The Opportunity

The Buy Social Corporate Challenge does two things:

  • It helps large businesses to engage with a range of innovative suppliers and embed corporate responsibility and diversity into their core operations
  • It helps high-performing social enterprise suppliers to grow their revenues and impact by tapping into corporate purchasing power

The premise is simple – if businesses need to spend money on products and services, why not spend that money in a way that maximises the positive impact on society?

Social Enterprise UK supports Challenge Partners to source from social enterprises through a package of strategic engagement, supply chain review, training, internal and external communications, brokerage and events. To find out more and join the challenge contact our business development team

Click here, to take a look at a number of case studies on the relationships formed through the Corporate Challenge and the impact these partnerships have had.

The Impact

The Year 2 report shows that £45.3 million has been spent by corporate partners and the Challenge has directly or indirectly created 329 jobs at social enterprises.

The report also looks at company's opinions of working with social enterprises, finding that 100% of Corporate Partners believe that they deliver goods and services at the same or better quality as existing suppliers

New Partnerships and More Information

We are inviting forward-thinking businesses to get in touch with us to discuss how the Buy Social Corporate Challenge could help their businesses to unlock their spending power for good. To find out more please email Neha Chandgothia or Andy Daly.

Find out more about our work with the private sector here.

Challenge Supporters