IN THE NEWS!
Greenstream Flooring CIC featured in a BBC News Wales piece last week (Thursday 7 October) demonstrating how social enterprises can play a key role in helping Wales to reach net zero carbon by 2050.
In the piece Matthew Richards, BBC correspondent, discusses how two social enterprises (Greenstream Flooring CIC and Creating Enterprise) are asking Welsh Government to prioritise them when awarding big public sector contracts.
Ellen Petts, managing director, explained how Greenstream Flooring CIC work with commercial companies by taking carpet tiles off them, so they don’t have to send them to landfill or burn them. She also went on to say “We also provide a social solution to people that can’t otherwise afford to buy carpets. There are millions of this material that goes on the floor and gets taken up and very few of it gets a second life opportunity.”
Latest research from Social Enterprise UK highlights:
♻️ 65% of social enterprises expect increased focus on sustainable and environmentally friendly processes within the next 3 years, whereas this is 49% in traditional businesses
♻️ Only a fifth of social enterprises consider cost more important than environmental impact when procuring product compared to 76% of SMEs.
Derek Walker from Wales Co-operative Centre was also interviewed and highlighted that “Social enterprises have this at the heart of their business model. They put just as much emphasis on environmental impact as they do on financial success. So, we want to see far more of these social enterprises in the supply chain of Welsh Government and public bodies across Wales. This is not about just about businesses doing things differently. This is about different types of businesses.”
To view the interview, head over to our YouTube page: