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  • Section 106 Agreements

    These are planning obligations on persons or organisations with a land interest. The aim is to facilitate the implementation of planning policies as authorised by Section 106 of the Town and Country Planning Act 1990.

  • Social accounting and social auditing

    Social (or ethical) accounting and auditing are all methods of measuring and reporting an organisational social and ethical performance. An organisation conducts a social audit makes itself accountable to its stakeholders and commits itself to following the audit's recommendations.

  • Social business

    This is a term that is sometimes used by social enterprises where there is a small core of members who act in a similar way to trustees. These social businesses often focus on providing an income or employment opportunity for disadvantaged groups, or providing a service to the community.

  • Social capital

    A term used to describe the non-financial resources – such as trust, partnership, shared values – which enable a community to thrive and function more effectively.

  • Social capital

    A term used to describe the non-financial resources – such as trust, partnership, shared values – which enable a community to thrive and function more effectively.

  • Social economy

    Sometimes also called the ‘third sector’, this part of the economy exists between the private and public sectors and includes social enterprises, voluntary organisations, foundations, trade unions, religious bodies and housing associations.

  • Social enterprise

    Social enterprise means doing business with social aims. ‘Doing business’
    means trading goods or services, in a responsible way, and making money from
    it. The social and environmental aims of a social enterprise can range from
    creating employment and regenerating communities to preventing tonnes of
    waste going to landfill unnecessarily. There are social enterprises working in many different sectors – from health and social care to recyling, and from Fair Trade to leisure services. You can find out much more on this website or from the Social Enterprise Coalition: www.socialenterprise.org.uk.

  • Social Enterprise London (SEL)

    A regional agency and membership organisation that exists to promote social enterprise in London and increase the scale of the social economy. SEL's core budget is funded by grants from London boroughs. SEL has an elected management board. SEL has four categories of membership; social enterprises, co-operative support agencies, partner agencies and co-optees.

  • Social entrepreneur

    Somebody who identifies and brings to life new business opportunities but who is motivated by public and social good rather than the need for personal profit.

  • Social exclusion

    Where people or groups find themselves excluded from society and from opportunity for reasons such as poverty, ethnic origin, age, lack of skills, bad health, low income, criminal record or gender.

  • Social firm

    A business created to provide integrated employment and training to people with a disability or other disadvantage in the labour market.

  • Social inclusion

    The ability to access and benefit from the opportunities available to members of society.

  • Surplus

    The profit in many social enterprises is referred to as a surplus, to reflect their "not for profit" status.

  • Sustainability

    This term can refer both to the financial stability of an organisation and to the adoption of environmental policies and practices which minimise the impact of the enterprise on the environment.

  • Sustainable development

    This term is often used to describe development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

  • Sustainable development

    This term is often used to describe development that meets the needs of the present without compromising the ability of future generations to meet their own needs.