SEWF Social Enterprise Verification

 

SEWF Verification was designed in consultation with partners around the world. It recognises existing regional and national social enterprise verification systems, builds on existing knowledge and expertise, and provides accessible, affordable and culturally responsive social enterprise verification in places where such options do not exist. The goal is to expand market access for all social enterprises globally. 

Join our Pilot

SEWF is committed to accessibility and affordability, and the verification service will be priced at-cost. Social enterprises that apply before September 30, 2022 will be part of the pilot phase, and their initial verification will be free of charge. Pilot phase data will be used to calculate the actual cost of the service. The aim is to keep the initial verification below £75 and the annual renewal below £50.

Take our quick quiz to determine if you're eligible!

What are SEWF's verification standards?

Mission
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The social enterprise has a primary social or environmental mission at the core of their operations.

Ethics
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The social enterprise is transparent about and accountable to their mission and aspires to the highest ethical business standards in all internal and external dealings.

Income
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The social enterprise generates the majority (51% or more) of its operating income from trade, the sales of products and services, including grants for product outputs or services. If a social enterprise is in its start-up phase (2-3 years) or is engaged with a significant capital project, expansion or scaling, traditional operating income will be considered separately from grants and other funding sources used to grow and scale.

Surplus
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The social enterprise reinvests the majority (51% or more) of their surpluses in pursuit of their mission.

Ownership
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The social enterprise is controlled in the interests of the enterprise’s mission, not individually controlled and, depending on available legal structures, are traditionally autonomous of state.

Mission Lock
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The social enterprise will have provisions to maintain mission primacy through periods of transition (e.g. change in management, change in ownership, dissolution) and ensure that resources are used in line with the organisation’s mission instead of being used for private gain.

Where does social enterprise verification already exist?

Australia
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Canada
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Korea
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Ministry of Employment and Labor: https://www.moel.go.kr/english/main.jsp

United Kingdom
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Social Enterprise Northern Ireland: https://www.socialenterpriseni.org/

Social Enterprise Mark: https://www.socialenterprisemark.org.uk/ 

Social Enterprise Scotland: https://socialenterprise.scot/

Social Enterprise UK: https://www.socialenterprise.org.uk/ 

United States
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This list of countries will be updated during our SEWF Verification Pilot.