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Home ESG FINANCE Business

Top-performing B Corps to Be Awarded Best for the World Award 2021

byAriana Hashtrudi
August 3, 2021
in Business, Corporations, Impact, Society
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The Best for the World 2021 will be taking place today, awarding B corporations that provide the greatest impact through their businesses.

Winners of the annual award, which is led by the non-profit organisation, B Lab, are named the “Best for the World™” and their scores are measured within the impact areas of community, customers, environment, governance, and workers that forms the B Impact Assessment (BIA). Corporations with the winning scores are within “the global top 5% in their corresponding size group.”

The impact areas are defined as follows:

Community: These corporations strive to form prosperity that is both collective and sustainable, through “investing in communities”. They welcome solid communities, philanthropic activity, and “social engagement.”

Customers: Forming a high standard of serving customers, these corporations offer critical all-important services, such as healthcare, education and management of finances. They enrich the lives of customers, whilst promoting the common good.

Environment: Paving the way towards a world of greater regeneration and sustainability, remaining mindful of the environment in day-to-day business is the top priority of these corporations.

Governance: These corporations succeed in using business as a means of generating positive impact. They ascertain that their mission will continue to prioritize transparency and accountability, by making their ethos and principles the central theme of their company.

Workers: These corporations are focused on their workforce, expressed through efforts that strengthen their employees skills, support dignity and equity, such as inclusivity in hiring practices.


Related Articles: How B Corps in the UK Are Addressing the Climate Emergency | A Call to Action for Businesses to Build a Better World

The Best for the World is an opportunity for the global B Corporations to discuss best corporate practices and gain a further insight into prospects of collaboration which collectively enhances ‘positive impact’. It is through this event, that B lab aims to drive its philosophy of “transform[ing] the global economy to benefit all people, communities, and the planet.”

Speakers attending the online event are:

Steve Beauchesne: Co-founder and CEO of Beau’s All Natural Brewing Co.

Carla Heim: Senior Advisor of Purpose Entrepreneurship of BDC (Business Development Bank of Canada)

Tyrone Miller: CEO of Lancaster Works

Ashley Orgain: Global Director Advocacy and Sustainability of Seventh Generation

David Bolotsky: Founder, CEO of Uncommon Goods

The event is open to the public and admission is free. If you wish to attend the event, please visit https://www.eventbrite.com/e/best-for-the-world-2021-uplifting-b-corp-best-practices-in-the-us-canada-tickets-161013518769


Editor’s Note: The opinions expressed here by Impakter.com columnists are their own, not those of Impakter.com.— In the Featured Photo: Business colleagues working. Featured Photo Credit: Headway.

 

Tags: B CorporationsB Labbusiness impactsGreen Business Areasustainable business
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Ariana Hashtrudi

Ariana Hashtrudi

Ariana is an Editorial intern at Impakter, currently studying BA Journalism at Goldsmiths, University of London. Born and raised in Greater London, she has written for two local news websites and hopes to study International Journalism for her Master’s.

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