Take Survey
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Good Business

CSB Named Among World’s Best B Corps


Wednesday, 5th September 2018 at 8:27 am
Luke Michael, Journalist
Community Sector Banking has been named one of the world’s best B Corps, which the not-for-profit banking specialist says validates its “commitment and belief in business being a force for good”.


Wednesday, 5th September 2018
at 8:27 am
Luke Michael, Journalist


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
CSB Named Among World’s Best B Corps
Wednesday, 5th September 2018 at 8:27 am

Community Sector Banking has been named one of the world’s best B Corps, which the not-for-profit banking specialist says validates its “commitment and belief in business being a force for good”.

On Wednesday, CSB was selected on B Lab’s Best for the World: Changemakers list, which recognises improvement made by B Corps from one certification to the next.

B Corps are businesses which act as a “force for good”, and must complete a comprehensive assessment from B Lab and recertify every three years, ensuring they meet rigorous standards of social and environmental performance, accountability, and transparency.

CSB CEO, Andrew Cairns, said he was delighted the organisation had scored among the world’s best B Corps.

“Being named a Best for the World: Changemaker is validation of our commitment and belief in business being a force for good,” Cairns said.

“As Australia’s first banking service to be certified as a B Corporation, and the only one dedicated to our not-for-profit sector, helping to make genuine positive change is our priority.

“We don’t see this approach as an expense, but rather an investment in our people, communities and environment, which makes good business sense.”

The 203 companies named on the Changemakers list come from 66 industries across 16 countries.

Coen Gilbert, the co-founder of B Lab, congratulated the businesses listed.

He said Best for the World was the only list of businesses that used “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 be the best in the world, but the best for the world,” Gilbert said.  

This original 2018 Best For The World Honorees list was released in May, with 69 Australian and New Zealand B Corps recognised including CSB.  


Luke Michael  |  Journalist  |  @luke_michael96

Luke Michael is a journalist at Pro Bono News covering the social sector.


Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Voting Opens for 2018 Impact 25 Awards

Wendy Williams

Thursday, 17th January 2019 at 8:30 am

Indigenous Tertiary Scholarships to Help Students Stay in School

Maggie Coggan

Monday, 14th January 2019 at 5:59 pm

Single-Parent Households Suffering Rental Stress

Andrew Cairns

Thursday, 6th December 2018 at 7:45 am

Urgent Need to Simplify Ethical Investing

Andrew Cairns

Thursday, 1st November 2018 at 8:00 am

POPULAR

Australia’s 2018 Human Rights Performance Slammed

Luke Michael

Wednesday, 9th January 2019 at 3:24 pm

Labor Shake-Up to Jobactive Celebrated by Sector

Maggie Coggan

Wednesday, 9th January 2019 at 5:09 pm

Campaign to Free Aboriginal Women Raises Almost $300K

Luke Michael

Monday, 14th January 2019 at 5:19 pm

Review Reveals Significant Failures in Disability Service Provision

Luke Michael

Tuesday, 8th January 2019 at 4:52 pm

Take Survey
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!