Mirvac in partnership with Social Traders are working alongside four social enterprises to help boost their capabilities and capacity to accelerate their growth through the Supplier Development Program.
Mirvac Group General Manager Sarah Clarke, Sustainability commented that it’s important for companies like Mirvac to provide genuine support to social enterprises.
“Social enterprises are businesses that work to improve communities and have a social purpose at the core of what they do. Many deal with major global problems like environmental sustainability, social justice, and economic empowerment,” she said.
“They help to build the knowledge and skills needed to drive meaningful change in our communities.”
“Our aim is to empower these social enterprises to scale up, so we can do more business with them and in turn, they can grow their business.
According to Clarke, buying from suppliers who make a positive social impact allows them to use their purchasing power for Good.
“There’s strong evidence that the shift in considered purchasing is here to stay. In the last five years, Social Traders business and government members have spent $607 million with our certified social enterprises,” said Social Traders CEO Tara Anderson.
Anderson, partnering with Mirvac on this initiative is an exciting opportunity to continue growing the sector.
“That number is growing at an average of 55% year on year. That’s the fastest and largest social enterprise procurement growth anywhere in the world!”
“The support and mentoring they provide will help enable these certified social enterprises to further unlock opportunities and deliver more social and environmental impact.”
Over the next few months, a group of Mirvac mentors will share their skills and expertise with these growing social enterprises, giving insights and learnings into how to become ‘revenue ready’ to supply materials and services to large businesses like Mirvac.
“We’re incredibly proud to be partnering with Mirvac, who are one of the frontrunners in social enterprise procurement,” added Anderson.
The four social enterprises taking part are YMCA ReBuild, ReGround, CommUnity Construction and Green Connect.
Menchie Khairuddin is a writer Deputy Content Manager at Akolade and content producer for Third Sector News. She is passionate about social affairs specifically in mixed, multicultural heritage and not-for-profit organisations.
Third Sector acknowledges the traditional custodians of the lands where we live, learn and work. We pay our respects to Elders past, present and emerging.