Momentum Partnerships

social marketing & corporate responsibility (CSR) & business and human rights

  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter
  • home
    • site map
  • blog
  • we live like this©
  • products
    • business & human rights
    • money & meaning
  • services
    • consultancy
    • roundtables
    • seminars
    • workshops
    • working together
      • initiatives
      • collaborations
      • events
  • resources
    • concepts
      • business & human rights
      • corporate responsibility
      • corporate social investment
      • sustainable development
    • glossary of terms for sustainable development industry
    • reading
    • weblinks
  • about
    • clients
    • people
      • ulrike schuermann
      • bill barker
    • suppliers
    • causes
    • terms & conditions
    • privacy
  • contact
    • meet with us
    • enquiry form
medium sized enterprises united through First 5000

27 October 2010 By Ulrike Leave a Comment

medium sized enterprises united through First 5000

First 5000 launch 20 Oct at NSW Parliament House

According to the Global Reporting Initiative (GRI) SMEs account for about 90 per cent of business worldwide, employing 50 to 60 per cent of the world’s workforce. In Australia, Australian Bureau of Statistics data indicate small businesses in Australia comprise up to 89 per cent of all employing enterprises, with medium businesses making up another 10 per cent.

The SME sector is not only huge but also extremely diverse – with  60% of all of these businesses not having any employees – this diversity creates challenges on many levels and  areas including responsible business practices,  corporate sustainability and philanthropy.

Corporate sustainability and social responsibility activities have largely focussed on multi-national companies. With issues like supply chain management firmly planted on corporate Australia’s agenda the question of how to drive this type of change through the supply chain is receiving more and more attention and opportunity to engage with the ME section of this very important sector are most welcome.

First 5000, a business alliance that aims to give a voice to the top performing medium sized businesses in Australia (ME’s) –  businesses that employ 20 -199 people and report an annual turnover of $10 million or more is a breath of fresh air and promises to bring about change by segmenting an important part of the SME sector and giving it a voice.  Future members of First 5000 are responsible for a combined annual revenue of $2845 billion and employ more than half a million people.

authors Jeanne Vida-Douglas and Peter Fritz AM at the launch

This is a significant sector in anybody’s terms, economically, socially and environmentally and shouldn’t be overlooked in the creation of innovative solutions to corporate sustainability challenges.

It is by its very nature a very fast moving sector and the establishment of First 5000 – a brainchild of Peter Fritz AM, founder of the public policy network Global Access Partnerships (GAP) – is a welcome development, not only giving this sector a voice but also providing all important access to this independent business development alliance. For more information please contact editor@first5000.com.au.

Filed Under: Sustainable Development, Uncategorized Tagged With: business, business developments, sustainability, sustainable development

sign up for updates

for regular updates

About

Ulrike Schuermann

Ulrike Schuermann - international consultant & social profit coach

tags

animal welfare business business developments celebrations climate change Commemorative Days Conscious consumption conscious living consumerism consumption CSR consulting Dreamer drugs education ethical investments evaluation Food Fundraising Gardening gender equality governments green hearing impairment Idealist Innovation integrated sustainability reporting International Women's Day MDG's Millennium Development Goals mining native flora optimist Practical Advocacy quotes Social Entrepreneurs social investment Social Marketing Social Profit social profit coaching Social return on investment (SROI) sustainability sustainability education sustainable development Valentine's Day women

categories

sign up here to download free

search

Follow us on Pinterest

  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter

© 2023 · Momentum Partnerships | contact | terms & conditions | privacy | site map

[footer_backtotop]