For the second year in a row, CommunallyÂ has been recognized for creating extraordinary positive impact as a business based on the companyâ€™s B Impact Assessment, an independent, comprehensive assessment administered by the nonprofit B Lab. The assessment measures a company's positive impact on its workers, community, customers and the environment. Honorees were announced by B Lab on June 12 and are featuredÂ on B the Change, the digital Medium publication produced by B Lab, atÂ bethechange.com/bestfortheworld.
CommunallyÂ is recognized in the Best for the World Overall list, which includes businesses whose overall B Impact Assessment scores were in the top 10 percent of more than 2,400 Certified B Corporations. In addition, Communally is named for scoring in the top 10 percent for both the Governance and Customer portions of the assessment.
Including Communally, there areÂ 226 Best for the World Overall honorees from 92 different industries and 30 countries. B Lab simultaneously released the separate lists recognizing top-performing B Corporations in the Governance and Customer categories, as well as Best for Environment, Best for Community, and Best for Workers. The complete Best for the World lists can be found atÂ bethechange.com/bestfortheworld. In the fall, B LabÂ will release the Best for the World: Changemakers and the Best for the World Funds lists.
Chris Jacobs, CommunallyÂ CEO stated â€śwe are proud of the Best for the World honors. We believe that the criteria used by B Lab to certify B Corporations are practices that should be ingrained in the operation of all businesses. These practices should be as important as any other in identifying successful businesses.â€ť Jacobs further stated, â€śwe share this recognition with all of our partners. It demonstrates that with staff who are committed and have a passion for impacting communities, you can genuinely be a triple bottom line company that cares about not only profit but also people and communities.
To certify as B Corporations, companies must complete an assessment and have their answers verified by B Lab. This assessment evaluates a companyâ€™s employee relationships, diversity, involvement in the local community, the impact a companyâ€™s product or service has on those it serves, environmental performance, and more. Honorees scoring in the top 10 percent of Certified B Corporations set a gold standard for companies using business as a force for good. Communally made the list thanks to exceptional practices like developing technology services that move individuals and families from the daily Crisis of poverty to having real Choices in their lives; supporting Â employees with generous benefits; and having an open, transparent conscious corporate culture.
Additional 2018 Best For The World Overall honorees include: A to Z Wineworks; Give Something Back Workplace Solutions; Mascoma Bank and Northwest Permanente.
â€śWith the rise of anger at a system that feels rigged, people are hungry for companies like Communally, who are changing the system by building businesses that seek to create the greatest positive impact,â€ť says Jay Coen Gilbert, co-founder of B Lab. â€śBest For The World is the only list of businesses that uses comprehensive, comparable, third-party-validated data about a companyâ€™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 be the best in the world but the best for the world. Not just to be niceâ€”but to be the most successful.â€ť
The Â more than 2,400 Certified B Corporations are across more than 150 industries and 50 countries. The companies are unified by one common goal: to redefine success in business. Any company can measure and manage social and environmental performance atÂ http://bimpactassessment.net.