We are thrilled to share that Good Cycles has been recognised as a People and Planet First Verified Social Enterprise.
It means that we have met the global standards and ethics set by Social Enterprise World Forum across five requirements:
Purpose: we exist to solve a social and/or environmental problem
Operations: we prioritise purpose, people and planet over profit in operational decisions
Revenue: we have a self-sustaining revenue model
Use of surplus: we reinvest all our profits into our purpose
Structure: we have chosen legal structures and financing that protects and locks in purpose long term.
We are proud of this recognition of our work to break the employment barriers Young People face by creating green jobs of the future.Â
For more information about People & Planet First and the other companies who have gained certification around the world, check out their website here.Â