Australia and New Zealand have some of the best B Corps in the world
4 August 2021 at 8:02 am
Each year B Lab Global announces its Best for the World™ list. This year it included 46 B Corps from Australia and New Zealand.
Out of the 4,065 B Corps spread across 77 countries, this year’s Best for the World™ list recognised 767 of them for being at the top of their B Corp game.
Of those, 46 are from Australia and New Zealand — the reusable coffee cup company Keep Cup, digital marketing agency Harvey and project consultancy Lonsdale Solutions to name just a few.
B Corps are businesses that balance purpose and profit and are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment.
Becoming B Corp certified means having to go through the B Impact Assessment (BIA) which has been designed to help measure and manage a company’s positive impact on five areas — workers, customers, suppliers, community, and the environment.
The B Corps on the Best for the World™ list represent the top 5 per cent of B Corps globally. They have been recognised for their work within any of the five impact areas. community, customers, environment, governance, and workers.
Melbourne-based digital marketing agency Harvey received Best for the World™ in the impact area of community.
Harvey’s chief operating officer, Simon Smallchua, said that getting on the list was fantastic and that being a B Corp was hugely important to Harvey as a business.
“Best for the world is an honour, although we acknowledge that we are very small and we respect all the bigger B Corps who do well, because it’s significantly harder for them,” Smallchua said.
“Being a B Corp keeps us accountable to our mission of leaving behind a better world. It helps us find new ways to improve and consider parts of the business we wouldn’t normally.”
You can see the full list here.
B Lab Australia and New Zealand will be spotlighting the 46 B Corps over the coming weeks, you can read those here.