April 3, 2025
Yunus Thailand Staff
In 2024, Yunus Thailand, in partnership with Yunus Social Business, worked to strengthen Thailand’s social procurement framework—efforts proudly featured at the World Economic Forum in Davos.
Featured at the World Economic Forum in Davos, social procurement is reshaping business practices, fostering more inclusive and sustainable supply chains. In Thailand, the Office of Social Enterprise Promotion (OSEP) was established under the Social Entrepreneurship Promotion Act (2019), with 327 registered social enterprises driving impact today.
Yunus Thailand, in partnership with Yunus Social Business, Social Enterprise Thailand, ChangeFusion, and OSEP, conducted a market analysis on social procurement.
Key findings:
- 💡 50 social enterprises surveyed on B2B opportunities
- 💡 46% registered with OSEP
- 💡 78% create both social & environmental impact
- 💡 41% have procurement contracts lasting less than 6 months
Case Study: Moreloop – an award-winning social enterprise revolutionizing Thailand’s fashion industry through the circular economy. By upcycling 89,811 kg of surplus fabric, moreloop has reduced emissions by 1.35M kg of CO2e. With 75% of revenue from B2B sales, clients like Allianz Ayudhya, Accenture, and Deloitte trust moreloop for sustainable uniforms and merchandise.
Read more on Thailand’s focus at website link
Social procurement isn’t just good for business—it’s a step toward a better world. Let’s keep pushing for change! 🌱♻️
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