Social Entrepreneurship Profile

The thankyou. Group

1) The business name: thankyou.

2) Description of business
An Australian social enterprise which creates world-class products including
sustainable, recyclable, and compostable packaging. They partner with charities to
escalate their products to a global scale in order to amplify their role for the world.
Their funds serve vulnerable communities which fight inequity, scarcity, and
poverty.
3) How does this entrepreneurship make money?
The Thank You group has the annual revenue of almost $31 million, which
approximately half is distributed to charity funds. Their large profits are made from
their sustainable products, including hand wash and sanitizers.

4) How does this help people and the environment?

A substantial number of their profits are shared with charities which serve
communities that are vulnerable to poverty. Moreover, the group produces their
items using sustainable materials such as their packaging, therefore, their growing
scale of manufacturing is not deleterious for the environment.

5) Is this a good example of social entrepreneurship?

Yes. The Thank You group considered the criteria points which factorise a
successful social enterprise, this includes the determination of positively impacting
the world with their solutions. Additionally, they are not entirely based on charity as
their sales financially benefit them, and they simultaneously provide service for the
world.