Social Purpose Company

Pronunciation: /ˈsoʊʃəl ˈpɜrpəs ˈkʌmpəni/

Definitions of social purpose company

noun purpose

Example Sentences

A1 A social purpose company focuses on making a positive impact on society.

A2 I read an article about a social purpose company that helps disadvantaged communities.

B1 The social purpose company's mission statement emphasizes sustainability and community development.

B2 Investors are increasingly interested in supporting social purpose companies that prioritize social and environmental goals.

C1 The social purpose company's innovative business model has led to significant social change in the industry.

C2 The social purpose company's board of directors includes prominent figures in the field of social entrepreneurship.

Examples of social purpose company in a Sentence

formal The social purpose company was founded with the intention of addressing environmental issues.

informal I heard that new company is a social purpose company, they donate a portion of their profits to charity.

slang That social purpose company is really making a difference in the community.

figurative The social purpose company is like a beacon of hope in a sea of corporate greed.

Grammatical Forms of social purpose company

• plural: social purpose companies
• comparative: more social purpose
• superlative: most social purpose
• present tense: is a social purpose company
• future tense: will be a social purpose company
• perfect tense: has been a social purpose company
• continuous tense: is being a social purpose company
• singular: social purpose company
• positive degree: social purpose company
• infinitive: to be a social purpose company
• gerund: being a social purpose company
• participle: social purpose company

Origin and Evolution of social purpose company

First Known Use: 2006 year

Language of Origin: English

Story behind the word: The term 'social purpose company' originated as a response to the traditional focus on profit maximization in business, with a growing emphasis on social and environmental impact.

Evolution of the word: Initially used to describe companies that prioritize social or environmental goals alongside financial ones, the term has evolved to encompass a wide range of business structures and models focused on creating positive social impact.