Laureate Named as B Lab’s 2018 Best for the World Honoree
Every year, B Lab, the nonprofit organization that steers the B Corp movement across the world, celebrates businesses that earn top scores on the B Impact Assessment in its “Best for the World” lists. This year, Laureate has been named as B Lab’s Best for the World in the Governance category, which evaluates a company’s overall mission, ethics, accountability, and transparency.
Honoree companies are placed in one or more of the six possible Best for the World lists, which includes only Certified B Corporations – businesses that use comprehensive, comparable, third-party-validated data about a company’s social and environmental performance.
In order to become and maintain status as a Certified B Corporation, each Laureate institution, as well as the corporate function, undergoes the B Impact Assessment that evaluates companies across five distinct categories: environment, customers, governance, community, and workers.
“With the rise of anger at a system that feels rigged, and distrust in business at an all-time high, people are hungry for companies who are changing the system by building businesses that seek to create the greatest positive impact,” said Jay Coen Gilbert, B Lab founder and managing partner. “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 best in the world but the best for the world. Not just to be nice, but to be the most successful.”
Congratulations to everyone across the network for your incredible work and commitment to being Here for Good!