For the third year running SustainAbility has been recognised for creating the most positive overall community impact by B the Change Media based on an independent, comprehensive assessment administered by the independent nonprofit B Lab.
Honorees are featured in the upcoming fall issue of B Magazine and on B the Change’s digital platform, bthechange.com. They were also honored at the first-annual Best for the World Celebration & Awards Ceremony at the University of California, Berkeley’s Haas Business School.
SustainAbility is honoured in the Best for Workers list, which includes businesses that earned a Workers score in the top 10 percent of more than 1,800 Certified B Corporations on the B Impact Assessment. The full assessment measures a company’s impact on its workers, community, customers and the environment. The 124 winning companies in the Workers category come from 14 industries and 15 countries.
“These lists represent the cutting edge of a global movement using business as a force for good. We are inspired by them, and feel deeply honoured to join them in this historic and ground-breaking celebration.”
The Workers portion of the B Impact Assessment assesses the company’s relationship with its workforce. It measures how the company treats its workers through compensation, benefits, training and ownership opportunities provided to workers. The category focuses on the overall work environment within the company through management/worker communication, job flexibility, corporate culture and worker health and safety practices. Honorees scoring in the top 10 percent set a gold standard for the high impact that business as a force for good can make on employees around the world.
The 124 Best for Workers companies come from 14 different industries such as manufacturing, financial services and engineering. B the Change Media simultaneously released separate lists recognizing B Corporations as Best for the World (overall impact), Best for the Environment, Best for Customers and Best for Community, which can be found at http://best.bthechange.com.
A total of 515 Certified B Corporations were named 2016 Best For the World Honorees, including The Honest Company, Cooperative Home Care Associates and Traditional Medicinals. Thirty-five countries are represented, including Afghanistan, Kenya, Vietnam, and Turkey. The selection criteria for Best for the World honorees are available at http://bit.ly/29ZYRSp.
The 2016 Best for the World Honorees represent nearly one-third of all B Corps, displaying a wide range of excellence throughout the community. Today there are over 1,800 Certified B Corporations across over 120 industries and 42 countries, unified by one common goal: to redefine success in business. Any company can measure and manage social and environmental performance at http://bimpactassessment.net.
About B The Change Media
B the Change Media was formed as a partnership between B Lab, the community of B Corporations, and Bryan Welch, former CEO of Ogden Publications (B Corp since 2010). B the Change Media is a multiplatform media company whose mission is to build the world’s largest engaged audience of people with a passion for using business as a force for good. B the Change Media has editorial and operating independence and covers compelling stories about business as a force for good, not just stories about B Corporations. B the Change Media has independent investors and is a subsidiary of B Lab, the nonprofit organization that administers the Impact Assessment and aggregates the B Corporation community. B the Change Media is a Pending B Corporation.
For more information, visit http://www.bthechange.com.
About B Lab
B Lab is a nonprofit organization that serves a global movement of people using business as a force for good. Its vision is that one day all companies compete not only to be the best in the world, but the best for the world and society will enjoy prosperity for all for the long term.
B Lab drives this systemic change by: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) passing benefit corporation legislation to give business leaders the freedom to create value for society as well as shareholders; 3) helping businesses measure, compare and improve their social and environmental performance with the free B Impact Assessment; 4) driving capital to impact investments through use of its B Analytics and GIIRS Ratings platform.
For more information, visit www.bcorporation.net.