Guides

'A Short Guide to Impact Enterprise', Griffith Yunus Centre

This guide introduces 'impact enterprise' as a broad term for businesses creating positive social impact, focusing on core purpose over specific labels.

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Summary

This short guide provides an overview of organisations that use business models to create positive societal impact. It introduces 'impact enterprise' as an umbrella term for purpose-led business activities, avoiding the term 'social enterprise' due to its specific connotations in certain contexts.

The guide explores the diverse identities, business models, legal structures, and industry sectors of impact enterprises. It emphasises that, while identities are important, mission fidelity and result materiality are more reliable measures of impact quality. Various business models and legal structures are discussed, highlighting that impact enterprises can operate in virtually any sector.

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