When governments, public bodies and businesses buy goods and services from other businesses, they create economic value. When they buy from social enterprises, there is an additional social benefit. This is social procurement.
Social procurement has been expanding steadily in recent years – but there is huge potential for more. According to the World Bank, global procurement spending in 2019 was at least $14 trillion USD. Even a small percentage of this directed towards social procurement would have an enormous impact.
How SEWF engages with social procurement
Over the last decade, SEWF has worked with corporate partners, national and regional governments and social enterprise agencies to support the adoption of social procurement systems.
In 2020, we surveyed our stakeholders and found that 45% believe social purchasing and social procurement would have the biggest impact on the social enterprise sector in 2021. We are committed to actualising this impact and will continue to broker relationships, highlight best practice and share resources to develop more sustainable economies.
Social procurement resources
The SEWF Resource Library contains a growing number of resources relating to social procurement, including government strategies. These free resources are available to everyone to help accelerate the adoption of social procurement systems. Further resources are available exclusively to members of our Social Procurement Community of Practice.Resource Library
Building a global Social Procurement Community of Practice
Most social enterprise intermediaries have a local or national remit and struggle to support international requests for assistance or to stay informed of developments around the world.
At SEWF, we have the ability to convene, disseminate and signpost to improve and accelerate the development of social procurement. We are building a global Social Procurement Community of Practice to increase the capacity and capability of this sector in a number of key ways. This will be launched at our Policy Forum on 27-28 April.