The Catalyst Business Commitment is a prestigious recognition of private businesses that partner with mission-locked social enterprises.
Criteria to be issued a badge
Businesses that demonstrate action in at least one of the following three areas are eligible to receive and display the Catalyst Business Commitment badge. Actions are awarded with points that relate to different categories of badge from Bronze to Platinum.
System Change Funding
Providing unrestricted, long-term funding for mission-locked, SEWF Verified social enterprises working on a social or environmental issue. This would include businesses that are part of existing pledge programs like Pledge 1% or 1% for the Planet.
Pro Bono or Discounted Services
Providing free or discounted services to mission-locked, SEWF Verified social enterprises. This would include tech companies and law firms that already offer pro bono and discounted services to non-profits.
Preferentially sourcing products and services from mission-locked, SEWF Verified social enterprises. Businesses that have a single social enterprise partnership would be included, but businesses that update their procurement policies or commit a percent of their spend would be recognised as being at a higher level.
Benefits of having the badge
Social enterprises are designing and testing innovative new models for addressing systemic social and environmental challenges. Collaborating with social enterprises can help businesses transition to inclusive and regenerative practices, achieve ESG goals, reach underserved communities, develop more ethical and resilient value chains, engage new talent, and build public credibility.
Social Enterprise Perspective
If we hope to achieve the UN Sustainable Development Goals by 2030 and transition to an inclusive and regenerative economy, businesses have a critical role to play. Engaging with businesses can help social enterprises leverage new resources and networks to expand their impact, mobilise intrapreneurs working for change within business, and find new partnerships to shift institutional norms and public policies.
Apply for the Catalyst Business Commitment badge
What is the Catalyst Business Commitment (CBC)?
The CBC is an award system, designed and developed by the social enterprise sector to provide recognition to businesses that are working with mission-locked social enterprises to meet ESG targets, achieve the UN Sustainable Development Goals, and benefit people and planet.
Who created the CBC?
What are the 3 categories of action?
How do we score points?
Who decided what the actions should be?
Who decides on the scores given?
Which badge level will we be awarded?
Badges are awarded based on total score in three categories of action. The Bronze badge provides a simple and achievable entry point. Businesses that expand their collaborations with mission-locked social enterprises and begin working across other categories of action earn additional points and higher level badges. The points and badge levels are available here: https://catalyst2030.info/CBCGradingSystem
Can you give me an example of an action?
The actions are available here: https://catalyst2030.info/CBCGradingSystem
How long does it take to apply?
What happens after we are awarded our CBC badge?
Can we improve our score and our badge level?
Yes! The intent of the CBC is to provide a welcoming entry point and then to support and encourage businesses to improve their score each year.
Do we get the badge forever?
Is there a cost associated with applying?
No. The Catalyst Business Commitment is about encouraging the recognition of impactful work from the business sector. It does not have a charge associated with it.