17 May Measuring our Success: We have Achieved our Highest B Impact Score!
This year we achieved our highest B Impact Score since 2016 when we became a certified B Corp. This milestone is a big step in continuously building a business commitment to social and environmental responsibility. When we earned our B Corp certification, we joined a movement deeply rooted in our core values: using business for good and positively impacting people, the planet, and future generations. And that is precisely what we have been doing.
In 2019, our audit score was 83.1 points, but this year we achieved 128.3 points, which represents a significant improvement of 54.39%.
But What is a B Impact Score?
It is a holistic way to measure a company’s social and environmental performance, both overall and within crucial impact areas. The B Impact Score goes beyond traditional financial metrics to provide a comprehensive picture of a company’s achievements, evaluating a business’s impact on its workers, community, environment, and customers.
Companies have a total of 140 operational points that they can receive depending on their performance in five key areas: Governance, Workers, Communities, Environment, and Customers.
B Impact Score ensures that companies prioritize the well-being of all stakeholders and challenges them to enhance their policies, practices, and processes, leading to long-term growth and sustainability.
The Future of Transcend
When we started our journey to become a certified B Corp, we wanted to build more than just transactional relationships that produced revenue: we wished to positively impact the lives of the people with whom we worked and elicit the best work from every individual while giving back to the community.
During the seven years since we got our certification, we worked with an incredible group of people to build high-performing organizations with cultures that deliver a work environment that creates joy while continually improving our internal practices.
As always, our B Corp certification is not just a badge; but an ongoing promise to us and our stakeholders to continue to uphold the highest standards of social and environmental responsibility in everything we do.
We thank you all for your continuous support! We hope that this also inspires other businesses and people to build with us a brighter, more sustainable future for all.
Interested in doing business for good? Let’s chat!
Related Articles
Ready to fearlessly provide feedback and get positive results?
Our Fearless Leaders MasterClass® Program will help you develop the emotional intelligence and leadership skills needed to have effective conversations.
Sign up to reduce manager overwhelm and employee turnover.