Community Sector Banking
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
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


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

Drought assistance not a sufficient prescription for rural mental health

Andrew Cairns

Thursday, 14th November 2019 at 7:45 am

The state of Australian and New Zealand B Corps revealed

Maggie Coggan

Tuesday, 12th November 2019 at 8:36 am

How is the community sector faring in 2019? Have your say

Wendy Williams

Wednesday, 30th October 2019 at 3:07 pm

We rise and fall together

Andrew Cairns

Thursday, 17th October 2019 at 7:30 am

POPULAR

Our royal commission is not yet a safe place for people with disability

Emma Bennison

Wednesday, 6th November 2019 at 4:59 pm

A sad and sorry history of Newstart

Luke Michael

Tuesday, 19th November 2019 at 8:00 am

Report finds NFP boards lack leadership in fundraising

Luke Michael

Wednesday, 13th November 2019 at 2:30 pm

Why Australia needs more noisy charities!

David Crosbie

Thursday, 7th November 2019 at 8:58 am

Community Sector Banking
pba inverse logo
Subscribe Twitter Facebook

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

You have Successfully Subscribed!