Climate Enterprise One of UK’s First Certified B Corps
Wednesday, 26th August 2015 at 10:39 am
A social enterprise that tackles climate change, poverty and sustainable development, ClimateCare, has received certification as one of the UK’s Founding B Corporations.
Referred to as “the highest standard for socially responsible business” Certified B Corporations go through a rigorous assessment of their business practices and are judged to achieve higher standards of social and environmental performance, transparency and accountability.
“I’m delighted to be joining this international community of forward thinking socially and environmentally conscious businesses,” ClimateCare CEO Edward Hanrahan said.
“Since it was founded, ClimateCare has balanced delivery of three things: Social Impact, Environmental Impact and Profit. Achieving B Corporation status is a great endorsement of the positive impacts we create and, perhaps more importantly, it stands as an independent benchmark and certification of the ethical way we run our business, something that the whole ClimateCare team, our clients and our partners are immensely proud of.”
“With an 18 year track record ClimateCare is living proof that commercial businesses can deliver positive impacts at scale. In the last seven years alone the business has effectively deployed $100 million to deliver measurable social and environmental outcomes for corporate and government clients.
“To date we’ve improved life for over six million people whilst cutting 16.5 million tonnes of carbon emissions and we’ve set an ambitious vision for 2020.”
ClimateCare was awarded a score of 141.4 points (compared to an average of 97 points) by B Corp organisers B Lab, but CEO Edward Hanrahan sees this as the starting point.
“A key benefit of the B Corporation system is that it identifies areas of strength and areas for improvement. We’re already using the results to identify where we can push the boundaries further. I particularly look forward to tapping into the knowledge and expertise of fellow B Corp members who I hope will challenge us and help us continue to improve.”
“We are delighted to welcome ClimateCare to our founding UK B Corp Community,” Co-ordinator, UK Launch, B Lab UK, James Perry said.
“The B Corp movement is a global community of businesses who are using the power of business to solve social and environmental problems. It includes more than 1,300 businesses in 40 countries and over 120 industries.
“The UK is well placed to help lead this global movement, and companies such as ClimateCare are a great example of a business taking leadership in their field.”
There are more than 1,300 Certified B Corporations from over 120 industries and nearly 40 countries with one unifying goal – to redefine success in business. B Corporations are leaders of the global movement of People Using Business as a Force for Good.
Pro Bono Australia was certified as one of Australia’s first B Corps in 2014.