Taken directly from B Lab’s website,
“Certified B Corporations are a new kind of business that balances purpose and profit.
They are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment. This is a community
of leaders, driving a global movement of people using business as a force for good.”
David Sudolsky established Boldr in 2017 with a singular belief and vision: to turn outsourcing into a force for good by helping people grow and connect through globally distributed teams. Part of this vision was for Boldr to be recognized among the world's most socially impactful companies, the roster of B Corporations. We explored becoming a B Corp and were welcomed into the community on December 27, 2017.
We committed to updating our Impact Assessment profile and began what would become an almost year-long review of our internal processes, practices, and operations to determine whether we truly qualified for a B Corp certification
As we navigated through the challenges of COVID-19, we dedicated the first part of the year to ensure the safety and health of our team members while continuing to support our communities and clients. We picked up our B Corp application in June with a renewed sense of purpose and pride in our COVID-19 response and our principle-based operations - all of which kept us resilient through the pandemic. On June 29th, members of the leadership team hopped onto a Zoom call to review our B Corp Application one last time before officially lodging our B Corp application.
From April through October, we underwent a thorough audit and verification process with the B Corp team. Armed with our stories, impact anecdotes, and examples of how Boldr has stayed true to its 2017 mission, we completed our verification after two audit calls.
On November 5th, we received the email officially welcoming us into the roster of B Corp certified companies committed to the movement to use business as a force for good globally.
Based on the B Corp assessment, we earned an overall score of 85. The median score for ordinary businesses is currently 50.9. We’re working towards improving our overall B Corp score to 120 while achieving at least 45-50 in the Workers and Community categories.
Grow, through career opportunities instead of jobs, building teams instead of handing off tasks, and by investing in communities instead of exploiting them for purely commercial gains.
Connect, by bridging a world of opportunities to a skilled, capable, willing pool of talent that had historically been left out or left behind. Businesses have an important role to play in creating a better world. Using business as a force for good.
The B Corporation Certification signifies that a company has met rigorous requirements of verifiable performance, accountability, and transparency in areas ranging from employee perks and charitable contributions to supply chain policies and input materials.
The current economic system, which includes the business as a key player, is falling short of its potential and promises to have a good impact. In fact, it has serious consequences for people, communities, and the environment. This is why we decided to be part of the solution, not the problem.
This theory of change aims to create a world where business is a force for good, impacting and transforming the global economy into a more inclusive, sustainable, and regenerative system.
B Corp Certification is open to any for-profit business that has been in operation for at least a year. There is no such thing as a minimum or maximum size.You can find more information on the B Corp Certification here.
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