Co-operatives UK is working with Rise — the Mark’s founders — to ensure co-ops can take advantage of the upcoming certification system by working out a key set of indicators.
Those indicators are likely to state that “profit is predominantly used and/or distributed for social/environmental purposes” and co-ops must “be able to provide evidence that social/environmental objectives are being achieved”.
Lucy Findlay, Chief Executive of Rise, commented: “Demand for the Social Enterprise Mark is growing at a huge rate, contrary to a recent report. This joint working is a really important step forward, and a positive move for co-operatives and the Mark.”
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