Our door is always open
Transparency
As a Social Impact start-up, TheSocialMedwork strives to be completely transparent about our goals, how we will achieve them, the impact we make, and our overall business operations. Please feel free to review the information on this page and if you have any questions, please contact us at [email protected] or through this contact form.
300% more doctors and patients requesting unapproved medicines to save lives
Licenses
We comply with the practice and guidelines set by the good distribution practice. View certificate.
We are registered with the Dutch Ministry of Health in The Hague as an independent intermediary, registration number 6730 BEM.
Our wholesale distributor license is registered with the Dutch Ministry of Health. View certificate.
We are a member of Code Social Enterprises.
We are registered as a social enterprise with Social Enterprise NL.
Some of our Shareholders
The Virus | Rubio | Members of Change Club | Members of Pymwymic | Esther Dyson | Jamie Heywood
TheSocialMedwork is a for profit social venture with the mission to create impact on freedom to health and opportunity globally. To this end we believe alliances are needed with impact funds, such as Rubio, the Change Club or Pymwymic. For that reason, TheSocialMedwork has not included any restrictions with regard to possible future distributions to such investors in its articles of association. Impact acknowledgement and assurance is provided for these types of funding on the basis of performance indicators on both finance and social impact.
Milestones and reportings are also based on both financial and social impact performances. In this way TheSocialMedwork, which currently supports and helps patients and doctors in 90 countries, will be able to maximise its impact on health access for everyone worldwide. For the foreseeable future all impact investors committed that all profits, if any, will be re-invested in the access platform to increase our impact. In the long run, it might be possible to do some payout to shareholders.
Investment policy
All profits will be re-invested in further growing the access platform.
Salary policy
The goal of TheSocialMedwork is to achieve our results as a team. Therefore we keep the difference in salaries limited. Ultimately there always remains a difference due to the size of our organization as well as the diversity in our functions and responsibilities. Our current salary differences ratio is 1 : 3.6.
In addition to salaries and packages of holidays, leaves and benefits (see: Employee Handbook), we have an employee stock benefits plan in place.
Audits and Commitments
Milestones and reportings are also based on both financial and social impact performances. In this way TheSocialMedwork, which currently supports and helps patients and doctors in 90 countries, will be able to maximise its impact on health access for everyone worldwide. For the foreseeable future all impact investors committed that all profits, if any, will be re-invested in the access platform to increase our impact. In the long run, it might be possible to do some payout to shareholders.