Thursday, 24 November 2016. Perth-based technology company ADAPT by Design today announced that it has officially become a Certified B Corporation.
B Corps are certified by the non-profit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. They represent an emerging group of companies that are using the power of business to create a positive impact on the world and generate a shared and sustainable prosperity for all.
Unlike traditional corporations, Certified B Corporations are legally required to consider the impact of their decisions on their employees, suppliers, community, consumers, and environment.
‘We became a B Corp because it is so closely aligned with ADAPT’s purpose and guiding philosophy, to help leaders build sustainable companies while always considering the impact on our stakeholders’ said Renae Flegg, Stakeholder Leader at ADAPT by Design. ‘We are excited to be part of this community of purpose and values-driven organisations and look forward to helping grow the movement in Western Australia’.
As of November 2016, there are more than 1,900 Certified B Corporations from 130 industries, across 50 countries.
Alicia Darvall, Executive Director of B Lab Australia & New Zealand, says “We’d love to welcome ADAPT by Design to the B Corp movement. It is fantastic to see Western Australia represented by technology companies keen to redefine success in business. We look forward to working together to further build awareness of using business as a force for good across Western Australia.”
About ADAPT by Design
ADAPT by Design helps founders and organisation leaders to build a business they want to work in, one that is aligned to their values and purpose. They help with the process of handing over roles, knowledge, wisdom and eventually ownership so that the organisation lives on beyond them.
ADAPT Practitioners mentor and support organisations to build the capability within the business to solve challenges faced along the way. ADAPT’s method to do this is enabled by their cloud-based platform embedADAPT.
About B Corporations
Certified B Corporations meet rigorous standards of 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.
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