Can business be a force for good?
We think so. The Social Deck team is proud to announce we’ve been awarded B-Corp certification.
Individually, B Corps 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.
B-Corps originated in the U.S. to promote businesses with purpose. B-Corporation status is awarded by B-Lab, a non-profit organization dedicated to using the power of business to solve social and environmental problems.
B Corp certification is to sustainable business what Fair Trade certification is to coffee.
Today more than 1,640 companies are recognised as B-Corps worldwide, from large businesses like Patagonia and Ben and Jerry’s down to small enterprises selling handmade goods and small agencies like us.
On March 30, The Social Deck became the 110th B-Corp in Australia.
Managing Director, Steven Speldewinde, said:
B-Corp status helps to recognise The Social Deck as a ‘social business’, where our core mission is to achieve positive social change through our work. As part of this, most of our profits are put back in to projects that make a positive difference to society and the environment, including our ‘for purpose’ bank which helps local non-profit and community organisations.
It’s definitely more than just a label – as part of being awarded B-Corp status, we commit to the highest standards of social and environmental performance, accountability, and transparency.
To receive B-Corp certification we had to score a minimum amount of points based on the impact of our business, including our impact on supporting vulnerable people, our environmental impact and our sustainability as a social business.
The Social Deck also received additional points because of our commitment to helping to promote other start-ups, social enterprises and not-for-profits across Australia, through Ideas Hoist and Product Hoist.