NEWS & MEDIA
IMAJINE THAT HONORED AS B CORPORATION BEST FOR THE WORLD AT BERKELEY
PRESS RELEASE - September 8, 2016
Imajine That is proud to be honored at the annual B Corporation Best for the World Celebration & Awards Ceremony on September 8 2016, in partnership with the University of California, Berkeley’s Haas Business School.
Imajine That scored in the top 10 percent of all B Corporations in Community, Customer, and Overall Impact and is recognized as an exceptional performer in a global community of incredible businesses.
Susan Leger-Ferraro, Imajine That’s Founder and CEO, was present to receive the award and celebrate with fellow B Corporations across the world. “The virtues, ideals and practical model that supports an organization in practicing social and environmental stewardship by being a B Corp is amazing. It's a road map to transform humanity!" said Susan Leger-Ferraro.
For the past 10 years, Imajine That has been committed to high standards of social and environmental performance and was certified at a B Corporation in November 2015. The certification received a truly impressive score of 163.4 , well above the average certification score of 95.
B Corps are for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. Today, there is a growing community of more than 1,400 Certified B Corps from 42 countries and more than 120 industries working together toward one unifying goal: to redefine success in business.
B Corp status – granted by B Lab, a Wayne, Pa., nonprofit – has become a badge of honor for socially and environmentally conscious businesses since 2007. Some of the bigger names to nab the certification include Ben & Jerry's, Patagonia, Etsy, Warby Parker and New Belgium Brewing. This isn't just lip service. "The companies that are becoming B Corporations are purpose-driven already," says Dermot Hikisch, B Lab's director of business development. (Entrepreneur magazine August 6, 2013)
About B Corp
Certified B Corporations must (1) meet rigorous standards of social and environmental performance; (2) legally expand their corporate responsibilities to include consideration of stakeholder interests; and (3) build collective voice through the power of the unifying B Corporation brand. As of April 2014, there are over 900 Certified B Corporations from over 60 industries, representing a diverse multi-billion marketplace.
About B Lab
B Lab is a nonprofit organization dedicated to using 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) accelerating the growth of the impact investing asset class through use of B Lab’s GIIRS impact rating system by institutional investors; and (3) promoting supportive public policies, including creation of a new corporate form and tax, procurement, and investment incentives for sustainable business.
About B the Change Media
B the Change Media was formed as a partnership between B Lab, the community of B Corporations, and Bryan Welch, former CEO of Ogden Publications (B Corp since 2010). B the Change Media is a multiplatform media company whose mission is to build the world's largest engaged audience of people with a passion for using business as a force for good. B the Change Media has editorial and operating independence and covers compelling stories about business as a force for good, not just stories about B Corporations. B the Change Media has independent investors and is a subsidiary of B Lab. B the Change Media is a Pending B Corporation.
About Imajine That
Imajine That is passionate about growing children, families and educators – as well as the best possible ecosystems for this growth. Imajine That operates an innovative, interactive children's Museum and early childhood programs, via Imajine That University, in Lawrence. In addition, Imajine That provides extended learning after school programming to 14 classrooms in the Boston Public Schools and is also recognized as a leader in the development and training of Massachusetts Early Education Professionals.