That’s the premise behind the Buy Social Corporate Challenge – a ground-breaking initiative that brings together corporate partners from a broad range of industries with a collective ambition to spend £1 billion with social enterprise suppliers.
This month marks four years since Social Enterprise UK (SEUK) launched the Challenge, and since then, Foodbuy and other Challenge members have collectively:
The four-year anniversary has been celebrated with the release of a Buy Social Corporate Challenge Year Four Impact Report.
The report presents key findings on UK social procurement, how participating companies are benefitting, future opportunities and a clear roadmap for other procurement professionals to get involved.
Peter Holbrook, Chief Executive, Social Enterprise UK said: “The Buy Social Corporate Challenge has continued to go from strength to strength and we are delighted that Foodbuy is using its spending power in a way to benefit communities and the planet. The idea behind the Challenge is a simple one – that everyday business spend can be used to change lives. With a job crisis looming, now is the time for businesses to look at their social and environmental impact and recognise the power and influence they can have in building a fairer, more sustainable economy.”
Ian Murphy, Managing Director, Foodbuy said: “As the first company in the food and drinks sector to join the Buy Social Corporate Challenge, it has given us a real point of difference, helping to further strengthen our partnerships with key clients. It has also been a real game-changer in terms of inspiring our teams and adding value to clients beyond the bottom line.”