FairShares Brand

Introduction

The FairShares Model is a brand and concept advanced by The FairShares Association to assist the creation of FairShares Enterprises. At the heart of the brand is a definition of social enterprise established by Social Enterprise Europe Ltd based on:

• Specifying the social purpose(s) and evaluating the social impact(s) of trading activities;
• Conducting ethical reviews of product/service choices and production/consumption practices;
• Promoting socialised and democratic ownership, governance and management by primary stakeholders.

Central to the brand is the FairShares approach to power and wealth sharing through organisation design and intellectual property management.

On Ownership, Governance and Management

A FairShares Association / Company / Co-operative Society / Consultancy or Educator will:

• recognise founder members and enfranchise them through Founder Shares
• recognise providers of Labour and enfranchise them through Labour Shares
• recognise users/customers and enfranchise them through User Shares
• recognise creators and providers of financial capital and enfranchise them through Investor Shares.

You can find out more about when, why and how each type of share is issued using the following two documents:

V2.0 - FairShares Company - Share Types

V2.0 - FairShares Co-operative - Share Types

On Intellectual Property (IP)

A FairShares Enterprise will:

• give individual and group recognition to members who create IP
• agree a Creative Commons licence for the use of members' IP
• prevent the transfer of IP ownership from members to the Company or Co-op Society except where this is the express wish of the IP creator(s).
• manage members IP as an Intellectual Commons

Brand Variants

All FairShares Enterprises issue Founder Shares or offer membership to Founders. All FairShares Enterprises manage members' IP as an Intellectual Commons.

• A FairShares social enterprise also issues Labour Shares, User Shares and Investor Shares (under Company Law)
• A FairShares social co-operative also issues Labour Shares, User Shares and Investor Shares (under Co-operative or Society Law)
• A FairShares association offers membership to Labour Members and User Members (under Co-operative, Society, Association or Company Law).

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• A FairShares employee-owned company also issues Labour Shares and Investor Shares (under Company Law)
• A FairShares worker co-operative also issues Labour Shares and Investor Shares (under Co-operative or Society Law)
• A FairShares labour association offers membership to Labour Members (under Co-operative, Society, Association or Company Law).

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• A FairShares user-owned company issues User Shares and Investor Shares (under Company Law)
• A FairShares user co-operative issues User Shares and Investor Shares (under Co-operative or Society Law)
• A FairShares user association offers membership to User Members (under Co-operative, Society, Association or Company law).

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If neither Labour nor User membership/shares are issued on an open membership basis, the enterprise does not conform to the FairShares Brand.

Brand Principles

The brand can be used by FairShares Association, Companies, Co-operative Societies, Consultancies and Educators to communicate:

• wealth and power sharing with primary stakeholders;
• ethical review of the choice of goods/services offered;
• ethical review of production and retailing processes;
• specification of social purpose(s) and auditing of social impact(s);
• a social democratic model for the ownership, governance and management of capital.

Brand Identity

Logos for printed and electronic use are available in PNG and JPG formats.

Brand Value and Auditing

To use this brand, a FairShares Company / FairShares Co-operative should have convincing answers to the following six questions during a social audit:

1. Who are your enterprise’s primary stakeholders?
2. What is the purpose of your enterprise?
3. How is the social, environmental and economic impact of your enterprise assessed?
4. What values and principles guide the choice of goods/services that you offer?
5. What values and principles guide the way you produce and/or sell those goods and services?
6. How do the ownership, governance and management systems ensure equitable distributions
   of wealth and power to primary stakeholders?

Creative Commons Licencing

The FairShares Model V2.0 is licenced to the FairShares Association by Rory Ridley-Duff and Cliff Southcombe using the following Creative Commons licence:

© FairShares Association Ltd, 2014, Creative Commons 4.0: Attribution, Share Alike

All variants and adaptations of FairShares Model V2.0 should acknowledge the FairShares Association using the above copyright notice, and new adaptations must carry the same Creative Commons licence. Discussion of the FairShares Model itself should acknowledge the work of Rory Ridley-Duff and Cliff Southcombe. For further details see the FairShares Wiki for [V1.1 and V1.2] of the FairShares Model.