On September 8, 2016, Clean Yield Asset Management was recognized for creating the most positive overall community impact by B the Change Media based on an independent, comprehensive assessment administered by the independent nonprofit B Lab*. Honorees are featured in the upcoming fall issue of B Magazine and on B the Change’s digital platform, bthechange.com. They were also honored at the first-annual Best for the World Celebration & Awards Ceremony at the University of California, Berkeley’s Haas Business School.
Clean Yield Asset Management is honored to be in the Best for the World list, which includes businesses that earned scores in the top 10 percent of more than 1,800 Certified B Corporations across all categories on the B Impact Assessment. The full assessment measures a company’s impact on its workers, community, customers and the environment. The 138 winning companies in the Overall category come from 15 industries and 17 countries.
“In 2014 and 2015, Clean Yield was honored as one of B Corp’s “Best for Workers” companies. This year, we’re delighted to have the full spectrum of our policies and practices recognized, and be in such great company among firms dedicated to making a positive impact on society,” said Dorigen Hofmann, Clean Yield portfolio manager and partner.
For more detail on our environmental and social footprint, visit Our Sustainability Footprint.
The full B Impact Assessment evaluates a company’s environmental performance through its facilities, materials, emissions, resource and energy use, and more. It assesses employee relationships in forms such as compensation, benefits, training and ownership opportunities. Community scores are given by looking at supplier relations, diversity, involvement in the local community, and other product or service-related impact points. Customer performance is assessed based on the impact a company’s product or service has on those it serves. Honorees scoring in the top 10 percent of all categories set a gold standard for the high impact that business as a force for good can make in many disciplines around the world.
The 138 Best for the World companies come from 15 different industries such as manufacturing, financial services and engineering. B the Change Media simultaneously released separate lists recognizing B Corporations as Best for Environment, Best for Workers, Best for Customers and Best for Community, which can be found at http://best.bthechange.com.
A total of 515 Certified B Corporations were named 2016 Best For the World Honorees, including The Honest Company, Cooperative Home Care Associates, and Traditional Medicinals, Dr. Bronner’s, New Resource Bank, and Greyston Bakery. Thirty-five countries are represented, including Afghanistan, Kenya, Vietnam and Turkey. The selection criteria for Best for the World honorees are available at http://bit.ly/29ZYRSp.
“The companies we are honoring as the best for the world represent the cutting edge of a global movement using business as a force for good. We are inspired by them, and feel deeply honored to join them in this historic and ground-breaking celebration,” said Bryan Welch, CEO of B the Change Media, the multiplatform media company that publishes the quarterly B Magazine and host of the Best for the World event at the University of California, Berkeley on September 8, 2016.
The 2016 Best for the World Honorees represent nearly one-third of all B Corps, displaying a wide range of excellence throughout the community. Today there are more than 1,800 Certified B Corporations across over 120 industries and 42 countries, unified by one common goal: to redefine success in business. Any company can measure and manage social and environmental performance at http://bimpactassessment.net.
*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.
Tags: B Corp, B Corp Best for the World