Evaluated by Comprehensive B Impact Assessment
Today, Earth Equity Advisors was recognized for making the most positive improvement on its overall impact 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 http://www.bthechange.com.
Earth Equity Advisors is honored in the Best for the World: Changemakers list as well as Best For The World: Customers list, which honors positive impact and behavior change among Certified B Corporations across all categories on the B Impact Assessment.
Additional 2017 Best for the World: Changemakers honorees include: Traditional Medicinals and Beneficial State Bank.
We are thrilled to also be awarded in the Best for Customers category, which includes businesses that earned a Customer score in the top 10 percent of more than 2,100 Certified B Corporations on the B Impact Assessment.
The Customer portion of the B Impact Assessment measures the impact a company has on its customers by focusing on whether a company sells products or services that promote public benefit and if those products/services are targeted toward serving underserved populations. The section also measures whether a company’s product or service is designed to solve a social or environmental issue (improving health, preserving environment, creating economic opportunity for individuals or communities, promoting the arts/sciences, or increasing the flow of capital to purpose-driven enterprises). 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 consumers around the world.
Additional 2017 Best for Customers honorees include: AltSchool; Revolution Foods; and Warby Parker.
How B Corp Certification Works
To certify as B Corporations, companies like Earth Equity must complete the full assessment and have their answers verified by B Lab and re-certify every two years. The Best for the World: Changemakers list honors the improvement made by B Corporations from one certification to the next.
The full B Impact Assessment evaluates a company’s environmental performance, employee relationships, diversity, involvement in the local community, the impact a company’s product or service has on those it serves, and more. Honorees making significant improvements in their B Impact score set a gold standard for the high impact that business as a force for good can make in the world.
B Lab simultaneously released separate lists recognizing B Corporations as Best for the Environment, Best for Customers, Best for the Long Term, Best for Community, Best for Workers and Best for the World Overall, which can be at http://www.bthechange.com.
“Companies like Earth Equity Advisors exemplify what it means for a business to be a good citizen,” says Jay Coen Gilbert, co-founder of B Lab. “We’re proud to recognize their achievement. Best for the World is the only list of businesses making the greatest positive impact that uses comprehensive, comparable, third-party-validated data about a company’s social and environmental performance.”
A total of 846 Certified B Corporations were named 2017 Best for the World Honorees, including: Patagonia; Seventh Generation; National Co+op Grocers; and Business Development Bank of Canada. Forty-eight countries are represented, including Afghanistan, Kenya, Nicaragua and Turkey. The selection criteria for Best for the World honorees are available at http://bit.ly/29ZYRSp.
Today there are more than 2,100 Certified B Corporations across more than 130 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.