CSBC ASIA is a Social Enterprise which believes in giving back to the society.
CSBC Asia is a market leader in strategic business consultancy that assists clients globally to enter, evolve and expand in emerging and developed markets through fact-based market analysis.
We provide dedicated professional services for your sourcing endeavor in Asia. We develop integrated solutions in products sourcing, logistics, supply chain management, and import compliance.
Our service scope include locating qualified manufacturers, building business relationship, facilitating communication in engineering, negotiation, contracting, production and shipping.
CSBC Asia help you build strong sourcing operation processes in pricing, purchase order management, supply chain management, quality control, logistics management and performance accessment. We expect these processes to become your competitive advantage in the dynamic market you serve, and add true value to your business assets.
Please contact us at +65 8237 6613 or email [email protected] if you have any questions.
CSBC ASIA logo can be seen as 2 people, describing the bonding of our relationship with our customers. The 2 people figure can also be viewed as a door then is the gateway for your business to your market.
What are Social Enterprises?
Social enterprises (SE) are not charity organisations. They operate like commercial companies but go beyond generating profits as they utilise their business principles to create revenue while fulfilling social causes. In short, social enterprises exist with double or even triple bottom lines, namely social, financial and environmental.
Social enterprises can be incorporated in different forms, such as private companies, companies limited by guarantee, limited liability partnerships or cooperatives.
Social enterprises are, first and foremost, businesses. The term refers to any non-profit, for-profit or hybrid corporate form that utilises market-based strategies to advance a social cause. Like any other business, it aims to create surpluses, but seeks to reinvest those surpluses to achieve its social objectives. Social enterprises are not businesses driven by a need to maximise profit for their shareholders or owners.
The social needs addressed by social enterprises and the business models used can be extremely diverse (such as environmental, social issues and healthcare etc). Social enterprises can be said to pursue double or even triple bottom lines, implying that beyond financial outcomes, they also seek to accomplish their intended social and/or environmental cause(s).
Types of social enterprises
There are generally 4 types of social enterprises in Singapore, although most social enterprises typically adopt a combination of these models:
Work integration model
The Work Integration Social Enterprises (WISEs) provide skills training and/or employment opportunities to the needy disadvantaged (i.e. those who have higher than usual barriers to employment, such as ex-offenders) as a way to reintegrate them into the society and encourage them to be self-reliant.
The objective of social enterprises is to generate profits to fund the social programmes of their affiliated or parent charities. This helps Voluntary Welfare Organisations (VWOs) or charities to reduce their reliance on donations and enhance their financial sustainability.
Subsidised services model
Social enterprises which adopt this model usually provide subsidised services to the needy and/or disadvantaged clients, and charge commercial rates to mainstream customers. This ensures that the people who could not usually afford certain services have access to such services to improve the quality of their lives.
Social needs model
These social enterprises are designed to serve social needs or address certain social issues which can include community bonding, family bonding and racial harmony.