Moneia Brae E.

Casas January 26, 2018

XII – Carroll ABM 307 – Business Ethics

1. What is a social enterprise?

Although modern economic models bring prosperity to emerging market

countries, they lead to growing inequalities in wealth distribution. With this problem,

social enterprises as businesses are created to further a social purpose in a financially

sustainable way. They provide income generation opportunities, are sustainable as

earned income from sales is reinvested in their mission, and are scalable as their

models can be expanded to other communities for impact.

2. How are social enterprises established?

Social enterprises exist at the intersection of the private and volunteer sectors. It

operates differently than typical company because profit-maximization is not primary

reason existing. They have been founded by activists to support a particular cause, as

well as entrepreneurs who want to use a portion of the organization’s earnings to give

back to the community. The Organization for Economic Cooperation and Development

(OECD) identifies social organizations as being highly participatory in nature, with

stakeholders actively involved and a minimum number of paid employees.

3. What are the socio-economic goals of social enterprises?

A social enterprise has two goals: 1) to achieve social, cultural, community

economic and/or environmental outcomes; and, 2) to earn revenue.

4. Cite at least 5 examples of Social Enterprises existing in the Philippines. Briefly

describe each.

1. Bambike – This hip sociological enterprise hires people in need to build

bikes made from locally-sourced bamboo.

2. Messy Bessy – Messy Bessy promises “all-natural, worry-free” cleaning

products for your home, office, linens, body, and even your baby.

Supporting the company does not only keep harmful chemicals out, it also

provides employment for young adults who have survived abuse,

trafficking, and poverty.

3. Plush and Play – This up-and-coming toy manufacturer aims to set new

standards in the local toy industry by focusing on safety, social, and

environmental impact. They provide jobs and help underprivileged women

develop skills, and are passionate advocates for children’s rights.

4. Theo & Philo – The company uses cacao from Davao and sugar from

Bacolod. They source their ingredients from local farmers, thus positively

impacting rural Filipino communities. Instead of opening a huge factory full

of machines, the social enterprise consciously chooses to hire people to

handcraft chocolate bars in a “micro” factory setting.

5. Bayani Brew – This all-Filipino, all-natural tea brewery employs the

nanays of a Bulacan community in order to promote sustainable living. It

also promotes native ingredients such as as lemongrass and pandan in

order to celebrate being “crazy in love with our country.”

References:

What is a Social Enterprise? (n.d.). Retrieved January 26, 2018, from

https://www.nesst.org/social-enterprise/

Lacanilao, P. (2017, August 08). 10 Filipino Social Enterprises That Will Amaze

You. Retrieved January 23, 2018, from https://www.spot.ph/newsfeatures/the-latest-

news-features/63502/10-filipino-social-enterprises

Radcliffe, B. (2017, June 07). Social Enterprise. Retrieved January 23, 2018,

from https://www.investopedia.com/terms/s/social-enterprise.asp

What is Social Enterprise? (n.d.). Retrieved January 25, 2018, from

https://centreforsocialenterprise.com/what-is-social-enterprise/