69 Australian and New Zealand businesses recognised as ‘Best For The World’
In 2018 the Edelman Trust Barometer showed that trust in Australian business continued to decline, with Australia now sitting just four percentage points above the world’s least trusting country, Russia.
But there is good news in sight. Today we celebrate the 69 Australian and New Zealand B Corps who have been honoured on the 2018 Best For The World list. Best For The World is the only list of businesses that uses comprehensive, comparable, third-party-validated data about a company’s social and environmental performance.
67 companies from Australia and 2 from New Zealand have made the 2018 Best for the World Honoree List and B Lab Australia & New Zealand congratulates them for leading the way as responsible, ethical and trustworthy businesses.
Honoree companies earn placement on one or more, of six possible Best For The World lists. These high-performing B Corporations earned scores in the top 10 percent of more than 2,500 Certified B Corporations.
The lists are Best For The World: Overall, Best For The World: Environment, Best For The World: Customers, Best For The World: Governance, Best For The World: Community and Best For The World: Workers , all of which can be found at bthechange.com/bestfortheworld.
There are now 240 Certified B Corporations in Australia and New Zealand. Who Gives A Crap, KeepCup, Maths Pathway and 4 Pines Brewing Company are among the Australian B Corps that have been recognised on the list this year.
Andrea De Almeida, Executive Director B Lab Australia & New Zealand, says the businesses scoring in the top 10 percent of all B Corporations set a gold standard for companies using business as a force for good.
“These B Corps embody the way business should be done, creating extraordinary positive impact as businesses and looking after all of their stakeholders. We are so proud to have so many from Australia and New Zealand make the list and congratulate each and every one of them.”
“With the rise of anger at a system that feels rigged, and distrust in business at at all time high, people are hungry for companies who are changing the system by building businesses that seek to create the greatest positive impact,” says Jay Coen Gilbert, managing partner of B Lab USA.
“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.”
Robert Keogh, CEO of Beyond Bank, which was honoured Best For The World in Governance says that “as an Australian customer-owned bank, it is an honour to receive global recognition for the commitment we have made to being sustainable and ethical. A commitment to sustainability starts at the top and our governance structure which is focused on values and doing good lays out the path for our staff to follow.”
Nearly 1,000 Certified B Corporations were named 2018 Best For The World honorees, including:
Patagonia; eWater Systems; i=Change, 4 Pines Brewing Company ; and the United Kingdom’s Charity Bank . Fifty-two countries are represented, including Denmark, India, South Africa and Taiwan.
Today there are more than 2,500 Certified B Corporations across more than 150 industries and 50 countries, unified by one common goal: to redefine success in business.