Neighborhood Sun, a Certified B Corporation, has been named a Best For The World honoree in recognition of their significant positive impact in their innovative governance structures to protect the mission of their business. Ranking in the top 10% of all B Corps for their governance impact, Neighborhood Sun earned this honor because of their overall mission, ethics, accountability, and transparency.
Best For The World recognition is administered by B Lab, the global nonprofit that certifies and supports Certified B Corporations, which are for-profit companies dedicated to using business as a force for good. Today there are 3,000 Certified B Corporations across 64 countries and 150 industries, unified by one common goal: to redefine success in business.
B Corps meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corp Certification doesn’t just evaluate a product or service, it assesses the overall positive impact of the company that stands behind it—like Neighborhood Sun. Using the B Impact Assessment, B Lab evaluates how a company’s operations and business model impact its workers, community, environment, and customers. To achieve the B Corp Certification, a company must achieve a score of at least 80 points on the assessment.
“We’re incredibly proud of this year’s Best For The World honorees,” says Anthea Kelsick, Chief Marketing Officer of B Lab. “These inspiring companies represent the kinds of business models and impact-driven business strategies that are building a new economy—one that is inclusive, regenerative, and delivers value to all stakeholders, not just shareholders. To that end, B Corps like Neighborhood Sun are redefining capitalism and showing that it actually can work for everyone.”
Neighborhood Sun was measured on whether they have adopted a social or environmental mission, and how they engage their employees, board members, and the community to achieve this mission. This section of the B Impact Assessment also measures employees’ access to financial information, customers’ opportunities to provide feedback, and the diversity of the company’s governing bodies. Neighborhood Sun made this list thanks to practices including having two independent Board members, a Customer Advocacy Board, and total transparency.
“We have made a concerted effort to put our people-powered business at the forefront of the best business practices, so it’s gratifying to get some recognition for these efforts,” noted Gary Skulnik, company founder and CEO.
1,000 B Corps from 44 countries were named to the 2019 Best For The World lists, including Patagonia, Beautycounter, Dr. Bronner’s, TOMS, Seventh Generation, and Greyston Bakery. The 2019 Best For The World honorees are determined based on the verified B Impact Assessments of Certified B Corporations. The full lists are available on https://bcorporation.net/.