Nonprofit organization B Lab announced its 2018 Best for the World list of companies, and two Greater Cincinanti-based, B Corp-certified businesses have made the cut.
RiskSOURCE Clark-Theders received honors in the "insurance" category, with Thrive Impact Sourcing LLC achieving the same in the "IT software and services/web design" category.
Two other Ohio-based companies made the list: advisory and investment banking services company, EPOCH PI, of Cleveland and Commonhouse Ales of Columbus.
What is a B Corp? A B Corp.-certified company is one that "meet the highest standards of verified social and environmental performance, public transparency, and legal accountability and aspire to use the power of markets to solve social and environmental problems," the B Lab website states.
B Corp-certified companies are apart of a global community of entrepreneurs and their enterprises who are using "business as a force for good." Ultimately, B Lab hopes that via "the power of their collective voice," other corporations will strive against each other to be "best for the world," making a more "durable prosperity for all."
There are only 2,249 companies with this certification throughout the world, and interested companies participate in a rigorous application process.
What is the "Best for the World" List? The List examines certified companies and awards them honors in six categories: overall, community, environment, workers, governance and customers. These winners will have scored in their impact areas' top tenth percentile the B Impact Assessment, an examination that "evaluates a company’s overall mission, ethics, accountability and transparency," the website states. "It measures whether the company has adopted a social or environmental mission, and how it engages its employees, board members and the community to achieve that mission."
Meet the Honorees
Location: Cincinnati Certified Since: 2017 Company Mission: "Thrive Impact Sourcing is an IT talent incubator delivering locally sourced IT solutions in the areas of software quality assurance, test automation and data quality consulting services, in addition to business analyst and software developer apprenticeship opportunities," its website states. "Through smarter sourcing and a proven talent incubation model for new IT professionals, Thrive identifies, trains, mentors and launches a promising talent pipeline while delivering IT solutions today."
Location: West Chester Certified Since: 2013 Company Mission: "For more than 60 years, RiskSOURCE Clark-Theders has gone beyond what you might expect from a traditional insurance agency. They continually exceed the expectations of their clients ..."