Evaluated by Comprehensive B Impact Assessment
June 12, 2018: Denver, CO
Today, CauseLabs was recognized for creating the most positive impact for their workers based on an independent, comprehensive assessment administered by the nonprofit B Lab. Honorees are featured on B the Change, the digital Medium publication produced by B Lab, at bthechange.com/bestfortheworld.
CauseLabs is honored in the Best For Workers list, which includes businesses that earned a Workers score in the top 10 percent of more than 2,400 Certified B Corporations on the B Impact Assessment. The assessment measures a company’s impact on its workers, community, customers and the environment. To certify as B Corporations, companies like CauseLabs must complete the full assessment and have their answers verified by B Lab.
The Workers section 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 also focuses on the overall work environment within the company by assessing 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. CauseLabs made the list thanks to exceptional practices like company transparency, extending maternity and paternity leave as well as adoption friendly policies, flexible hours for community volunteering, and offering excellent salaries and benefits.
The 185 Best For Workers companies come from 58 different industries and 20 countries. B Lab simultaneously released separate lists recognizing B Corporations as Best For The World Overall impact, Best For Environment, Best For Customers, Best For Governance and Best For Community, which can be found at bthechange.com/bestfortheworld. In the fall, B Lab will release the Best For The World: Changemakers and the Best For The World Funds lists.
“Creating a healthy company culture supports everything that we do. When we take care of our team and their families, we build trust and loyalty and foster happiness. They in turn give the best of their talents and offer excellent service and strategic thinking to our clients. We produce better results, we engage more openly with one another, we resolve problems more quickly, and it makes recruiting easier. There are no negatives to taking care of our team. All of our success stems from their efforts.” says Sheryle Gillihan, CEO of CauseLabs.
Additional 2018 Best For Workers honorees include: Gardener’s Supply Company; Namasté Solar; Chandos Construction; and Network for Good.
“With the rise of anger at a system that feels rigged, people are hungry for companies like CauseLabs, who are changing the system by building businesses that seek to create the greatest positive impact,” says Jay Coen Gilbert, co-founder of B Lab. “Best For The World is the only list of businesses that uses comprehensive, comparable, third-party-validated data about a company’s social and environmental performance. As consumers, talent and investors increasingly demand transparent, values-aligned businesses to buy from, work at and invest in, companies will need to not just the best in the world but the best for the world, and not just to be nice but to be the most successful.”
A total of 932 Certified B Corporations were named 2018 Best For The World Honorees, including: Patagonia; King Arthur Flour Company; Green Mountain Power; and the United Kingdom’s Charity Bank. Fifty-two countries are represented, including Denmark, India, South Africa and Taiwan. The selection criteria for Best For The World honorees are available at https://bit.ly/2IgAzF5.
Today there are more than 2,400 Certified B Corporations across more than 150 industries and 50 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.
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CauseLabs is a Denver-based software development agency focused on using technology for great causes. Since 2003, the expert team at CauseLabs has helped great causes solve problems and embrace opportunities quickly and affordably through workshops to kickstart solutions, consulting to fund solutions, and breakthrough engagements to launch and measure results for a better world. Learn more at CauseLabs.com
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 http://www.bcorporation.net.
B the Change is a Medium publication, produced by B Lab in collaboration with the community of Certified B Corps and the movement of people using business as a force for good.
B the Change exists to inform and inspire people who have a passion for using business as a force for good in the world. Because we believe that storytelling is an essential element in the transformation of business and society, we commit ourselves to telling the most compelling stories possible to the largest audiences possible to propel the movement of business toward its destiny as a powerful force for good. We want to dramatically broaden and deepen engagement with entrepreneurs, managers, employees, investors and citizens in one of the most important discussions of our time.
Read all B the Change stories at http://www.bthechange.com.
