Oxford, 19 August 2015: ClimateCare, a leader in the delivery of corporate and government programmes to protect the environment and improve people’s lives, today announced that it has received certification as one of the UK’s Founding B Corporations.
Referred to as “the highest standard for socially responsible business” Certified B Corporations go through a rigorous assessment of their business practices and are judged to achieve higher standards of social and environmental performance, transparency and accountability.
“I’m delighted to be joining this international community of forward thinking socially and environmentally conscious businesses”, says CEO Edward Hanrahan.
“Since it was founded, ClimateCare has balanced delivery of three things: Social Impact, Environmental Impact and Profit. Achieving B Corporation status is a great endorsement of the positive impacts we create and, perhaps more importantly, it stands as an independent benchmark and certification of the ethical way we run our business, something that the whole ClimateCare team, our clients and our partners are immensely proud of.”
With an 18 year track record ClimateCare is living proof that commercial businesses can deliver positive impacts at scale. In the last 7 years alone the business has effectively deployed $100million to deliver measurable social and environmental outcomes for corporate and government clients.
B Corporation have awarded ClimateCare a score of 141.4 points (compared to an average of 97 points), but CEO Edward Hanrahan sees this as the starting point, saying: “A key benefit of the B Corporation system is that it identifies areas of strength and areas for improvement. We’re already using the results to identify where we can push the boundaries further. I particularly look forward to tapping into the knowledge and expertise of fellow B Corp members who I hope will challenge us and help us continue to improve.”
An influential organisation with hundreds of corporate clients, ClimateCare also plans to promote the B Corporation movement to its broader network. By encouraging its partners to adopt some of the core principles, it hopes to harness the power of its business community to deliver further positive change.
“We are delighted to welcome ClimateCare to our founding UK B Corp Community” said James Perry, Co-ordinator, UK Launch, B Lab UK.
“The B Corp movement is a global community of businesses who are using the power of business to solve social and environmental problems. It includes more than 1,300 businesses in 40 countries and over 120 industries. The UK is well placed to help lead this global movement, and companies such as ClimateCare are a great example of a business taking leadership in their field.”
Image Caption: ClimateCare becomes a Certified B Corporation, joining a global movement dedicated to using business as a force for good.
We believe that climate change, poverty and sustainable development are so interlinked that they cannot be tackled in isolation. And, given the size of the challenges, we cannot rely solely on government aid to solve them. Businesses, governments and civil society must work collectively to deliver the speed and scale of change required to secure a sustainable future.
From our offices in the UK and Africa, we work with hundreds of organisations to deliver integrated Climate+Care programmes which protect the environment and improve lives. To date we’ve improved life for over 6 million people whilst cutting 16.5 million tonnes of carbon emissions and we’ve set an ambitious vision for 2020.
Find out more at www.climatecare.org
About B Corporations
Certified B Corporations meet the highest standards of overall social and environmental performance, legally expand their corporate responsibilities to include consideration of stakeholder interests, and build collective voice through the power of the unifying B Corporation brand. There are more than 1,300 Certified B Corporations from over 120 industries and nearly 40 countries with 1 unifying goal – to redefine success in business. B Corporations are leaders of the global movement of People Using Business as a Force for Good.
About B Lab
B Lab is a nonprofit organization that serves a global movement of People Using Business as a Force for Good. Its vision is that one day all companies will compete to be Best for the World and as a result society enjoys a shared and durable prosperity. B Lab drives this systemic change through a number of interrelated initiatives: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) promoting usage of Mission Aligned corporate structures to increase efficacy of social entrepreneurship and impact investing; 3) promoting Measure What Matters campaigns to increase use of free, powerful tools for businesses to measure, compare and improve their social and environmental performance (more than 20,000 businesses use B Lab’s free B Impact Assessment). 4) developing B Analytics, a customizable platform to help investors and institutions measure, benchmark, and report on the impact of the businesses with whom they work and in whom they invest. For more information, visit www.bcorporation.net, www.bimpactassessment.net, www.b-analytics.net and www.benefitcorp.net.
Press enquiries and image requests
Please contact: Rhiannon Szmigielski, ClimateCare
Tel: +44 (0)1865 591008