NEWS14 March 2022
All MRS websites use cookies to help us improve our services. Any data collected is anonymised. If you continue using this site without accepting cookies you may experience some performance issues. Read about our cookies here.
All MRS websites use cookies to help us improve our services. Any data collected is anonymised. If you continue using this site without accepting cookies you may experience some performance issues. Read about our cookies here.
UK – Advertising agency Brothers & Sisters will become a social enterprise with all future profits invested in charitable causes.
Social enterprises are organisations that trade commercially but reinvest profits into charitable causes, with Brothers & Sisters already working with Grenfell Athletic FC, a football club set up by Grenfell Tower community members following the catastrophic fire in 2017.
The agency said it was changing its articles of association to stipulate that all profits would be invested in social causes, and its corporate charter has been altered to ensure that shares of the company can only be sold if its not-for-profit status is maintained.
Brothers & Sisters said it was looking for further charitable partners in which to reinvest profits.
The company has also released a film advertising its social enterprise status, which was directed by Rafael Damy and created in partnership with UK production company Birth on a pro bono basis.
Andy Fowler, founder and chief creative officer of Brothers & Sisters, said: “Being independent and relatively small means, we are well placed to experiment more radically with the business, and our clients are really supportive of this move.
“The world faces many challenges, and we believe creativity and kindness are always the answer. So, in our own little corner of ad land, we are hacking the model of capitalism to become a force for good.
“The more successful we are as an agency, the more successful our clients are, the more good we can filter back into these soul projects.”
Newsletter
Sign up for the latest news and opinion.
You will be asked to create an account which also gives you free access to premium Impact content.
Media evaluation firm Comscore has increased its revenue in the second quarter but has made a net loss of $44.9m, a… https://t.co/rAHZYxiapz
RT @ImpactMRS: Marginalised groups are asserting themselves in Latin America, with diverse creative energy and an embrace of indigenous cul…
There is no evidence that Facebook’s worldwide popularity is linked to widespread psychological harm, according to… https://t.co/wS1Um3JRS5
The world's leading job site for research and insight
Resources Group
Business Development Director – Tech/Data Collection Platform
£^0–75,000 plus strong bonus
Resources Group
Associate Director – Economy and Environment
Excellent + Benefits
Spalding Goobey Associates
Research Executive, Global Social Research
£27–30,000
Featured company
Town/Country: London, Amsterdam, New York
Email: helloUK@opinium.com
Opinium is an award winning strategic insight agency built on the belief that in a world of uncertainty and complexity, success depends on the ability to stay on the pulse . . .
Brought to you by:
©2024 The Market Research Society,
15 Northburgh Street, London EC1V 0JR
Tel: +44 (0)20 7490 4911
info@mrs.org.uk
The post-demographic consumerism trend means segments such age are often outdated, from @trendwatching #TrendSemLON
0 Comments