Social Business
TOC
What is social business?
A social business is a business whose main aim is solving social problems while securing sustainable revenue.
Unlike models that depend on charity or donations, it aims for long-term social impact by standing on its own as a business.
It is drawing attention as a framework that can address a range of issues, from the environment and poverty to employment and food loss.
Features and background of social business
Definition: a business model that reconciles solving social problems with profitability
Background: addressing issues that governments alone cannot solve, and rising awareness of CSR and the SDGs
Features: measuring social impact, reinvesting profits, and partnering with communities and NPOs
Benefits: sustainable problem-solving, higher corporate value, and earning stakeholder trust
Trend: growing attention in the context of ESG and impact investing
How Agriture practices social business
Developing food-loss-reducing products from off-spec vegetables
Creating jobs for people with disabilities and older workers through agriculture-welfare collaboration
Planning "regional-circulation" products that draw on local agriculture and heirloom vegetables
Advancing CSR through sustainable packaging and OEM products
Related keywords
Agriculture-Welfare Collaboration
Related articles
The relationship between non-standard vegetables and food loss | Solutions and case studies
The potential of new businesses using unused resources, and 5 secrets to success
The Sustainable Food Future Agriture Aims For
FOR BUSINESS
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FAQ
Q1. How does social business differ from CSR?
A. CSR is an effort to fulfill social responsibility as part of corporate activity, while in a social business the enterprise itself exists to solve social problems.
Q2. What are successful examples of social business?
A. Microfinance, renewable-energy ventures, and food-loss-reduction businesses are representative examples.
Q3. What kind of social business does Agriture practice?
A. We develop upcycled products from off-spec vegetables and unused resources and advance solutions to social problems through agriculture-welfare collaboration.
