Pivotal Production Recognized in First 'Best FOR the World' List of Businesses Creating Most Overall Positive Social and Environmental Impact
Pivotal Production has been recognized as 'Best for the World' in a list of businesses with less than 10 employees creating the most overall positive social and environmental impact. Pivotal is the only B Corporation in Illinois to have earned this honor.
- Chicago, IL (1888PressRelease) October 11, 2012 - Earlier this year, the Illinois Senate passed legislation that would make Illinois the eighth state to enact legislation making Benefit Corporation (B Corp) a legally recognized entity. The bill, passed in May, is great news for Illinois companies that value the importance of maintaining a commitment to being socially responsible while building their business.
Pivotal Production has been recognized as 'Best for the World' in a list of businesses with less than 10 employees creating the most overall positive social and environmental impact. Pivotal Production and the other 'Best for the World' businesses earned a score in the top 10% of all Certified B Corporations with 10 employees or less, and, on average, 50% higher than the average score of nearly 2,000 other sustainable businesses that have completed the B Impact Assessment.
The B Impact Assessment, governed by the nonprofit B Lab, is the most rigorous, comprehensive, and comparable independent assessment of overall corporate impact and shows the relative value businesses create for society by comparing nearly 200 individual metrics on corporate impact on workers, consumers, suppliers, community and the environment.
"Pivotal Production is a leader in the global movement to redefine success in business," said Jay Coen Gilbert, co founder of B Lab, the organization that certifies B Corporations. "Pivotal Production is among the best in the world at being the best for the world."
"Pivotal is committed to responsible and transparent business practices and is a triple bottom line business. We have been a certified B Corporation since July 2008 as a testament to this commitment." said Shannon Downey, Pivotal Founder.
The 'Best for the World' list appears in the 2012 B Corp Annual Report published earlier this year by B Lab. Pivotal Production is the only B Corporation from Illinois to earn this honor.
Learn more about how Pivotal Production creates positive social and environmental impact at http://www.bcorporation.net/community/directory/pivotalproduction.
Learn more about Pivotal Production at www.pivotalchicago.com
B Lab is a nonprofit organization dedicated to building a new sector of the economy that uses the power of business to solve social and environmental problems. B Lab drives systemic change through three 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 just good marketing; 2) driving capital to impact investments through use of GIIRS Ratings and Analytics; and 3) advancing supportive public policies to accelerate growth of social entrepreneurship and impact investing.
To earn certification, B Corps must achieve a verified minimum score (80 out of 200) on the B Impact Assessment and amend their bylaws to legally require their directors to consider the interests of stakeholders, not just shareholders, when making decisions. For more information, check www.bcorporation.net or contact Jay Coen Gilbert at jay ( @ ) bcorporation dot net.
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