Innpact Honored as Best for Customers and Best for Workers, Creating Most Overall Positive Customer and Employee Impact14.09.2016
Innpact is honored in the Best for Customers list and the Best for Workers list, which include businesses that earned a score in each of these categories in the top 10% of more than 1,800 Certified B Corporations on the B Impact Assessment. The full assessment measures a company's impact on its workers, community, customers and environment. The 134 winning companies in the Customer category and the 124 winning companies in the Workers category come from 14 industries and 22 countries.
The Customer portion of the B Impact Assessment measures the impact a company has on its customers by focusing on whether a company sells products or services that promote public benefit and if those products/services are targeted toward serving underserved populations. It measures whether a company’s product or service is designed to solve a social or environmental issue. The Workers portion of the B Impact Assessment assesses the company’s relationship with its workforce, measuring how the company treats its workers through compensation, benefits, training and ownership opportunities provided to workers. The category focuses on the overall work environment within the company through management/worker communication, job flexibility, corporate culture and worker health and safety practices.
Honorees like Innpact set a gold standard for the high impact that business as a force for good can make around the world.
B the Change Media simultaneously released separate lists recognizing B Corporations as Best for the World (overall impact), Best for the Environment, Best for Workers and Best for Community, which can be found at http://bftw.bthechange.com.
Innpact offers specialised consulting services in the establishment and management support of impact finance initiatives with a strong expertise in vehicles supporting sustainable development sectors such as microfinance, climate finance, fair trade, education, housing, biodiversity, responsible agribusiness or social entrepreneurship. With over 20 impact funding structures designed, several management support mandates and many other advisory services rendered to impact finance structures, accounting for over $4.5bn of outstanding assets, Innpact has developed a unique expertise in the impact finance industry. Our partners include development finance institutions, international financial institutions, private investment managers, donor agencies, foundations, NGOs and private institutional investors.
For more information, visit http://www.innpact.com.
B the Change Media was formed as a partnership between B Lab, the community of B Corporations, and Bryan Welch, former CEO of Ogden Publications (B Corp since 2010). B the Change Media is a multiplatform media company whose mission is to build the world's largest engaged audience of people with a passion for using business as a force for good. B the Change Media has editorial and operating independence and covers compelling stories about business as a force for good, not just stories about B Corporations. B the Change Media has independent investors and is a subsidiary of B Lab, the nonprofit organization that administers the Impact Assessment and aggregates the B Corporation community. B the Change Media is a Pending B Corporation.
For more information, visit http://www.bthechange.com.
B Lab is a nonprofit organization that serves a global movement of people using business as a force for good. Its vision is that one day all companies compete not only to be the best in the world, but the best for the world and society will enjoy prosperity for all for the long term.
B Lab drives this systemic change by: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) passing benefit corporation legislation to give business leaders the freedom to create value for society as well as shareholders; 3) helping businesses measure, compare and improve their social and environmental performance with the free B Impact Assessment; 4) driving capital to impact investments through use of its B Analytics and GIIRS Ratings platform.
For more information, visit www.bcorporation.net.