B Corps, the BIA, & Higher Ed: From Students to Supply Chains

Transcription

1 B Corps, the BIA, & Higher Ed: From Students to Supply Chains

2 Agenda 1 Overview of B Lab, Certified B Corporations, and the B Impact Assessment 2 B Corps, the BIA, & Higher Ed: Curriculum and Student Engagement 3 B Corps, the BIA, & Higher Ed: Procurement & Operations 4 Q & A

3 B Lab is a nonprofit organization, leading and facilitating a global movement of people using business as a force for good. B Lab s vision is that one day all companies will compete to be best for the world, and as a result society will enjoy a more shared and durable prosperity.

4 B Lab s integrated approach to systems change makes an alternative viable and scalable. Step 1 Build a community of thousands of credible leaders -- B Corps Start Develop market infrastructure Step 2 Create tools to make it easy for millions of other businesses to follow Step 3 Inspire billions of consumers, workers, investors and others to support businesses who are a force for good End Shared & Durable Prosperity

5 People are Demanding Better Last 20 Years 21st Century Good Products Good Companies 90% of Americans say that companies must not only say a product or service is beneficial, but they need to prove it. Cone Communications 73% of consumers care about the company, not just the product when making a purchasing decision. BBMG

6 B Corporation certification is to business what Fair Trade is to coffee or USDA Organic is to milk.

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8 B Corp is one of 20 Moments That Mattered Over the Last 20 Years Be Like a B Corp is one of 5 Business Trends to Master in 2016 In my work, I often wonder to what extent business can help society in its goals to alleviate poverty, preserve ecosystems, and build strong communities and institutions B Lab has proven that there is a way the B Corp movement shows us that business, the driving force of our economy, can be an agent of change and live up to society s standards. - U.S. Secretary of State Madeleine Albright

9 Certified B Corporation A certification conferred by the nonprofit B Lab A company that meets a high level of social and environmental performance AND makes a legal commitment to consider all stakeholders Any for-profit company in any country can pursue certification (LLC s included) vs. Benefit Corporation A corporate form (taxed like a C-corp or an S-corp) that has a higher level of transparency, accountability and purpose A legal entity that has protection and permission to consider its impact on all stakeholders, not just shareholders Available in 31 states in the U.S.,

10 Measure What Matters: The B Impact Assessment Customers Environment Governance Community Workers

11 Free confidential online tool to measure and manage a company s social and environmental impact Walks through a series of questions to help learn what it takes to build a better business - better for workers, community, and the environment Compares answers to thousands of businesses to see how a company stacks up Creates a customized improvement plan linking to free best practice guides to help organization implement

12 What does B Impact Assessment cover? Governance Workers Community Environment Customers Mission & Engagement Compensation Job Creation Land, Office, Plant Health Governance Benefits Diversity Input Basic Services Ethics Training & Education Civic Engagement Outputs Education Transparency Job Flexibility Local Trans, Dist, & Suppliers Arts, Media, & Culture Mission Locked Worker Owned Suppliers, Distributors & Product Renewable Energy Economic Empowerment Workforce Development Land Conservation Serving those in need Fair Trade Supply Chain Toxin Reduction Microenterprise Environmental Ed

13 The Quick Impact Assessment B Impact Assessment Warm up lap to the BIA Quick Impact Assessment Provides feedback on relative performance

14 B Impact Report Overall and Impact Area - Specific Scores Compares Impact to Other Assessment Users, Certified B Corporations Built-in Improvement Planning/Tracking Tools, Best Practice Guides, Resources

15 Beyond Certification: Institutions using the B Impact Assessment

16 B Corps, the BIA, & Higher Ed: Curriculum and Student Engagement

17 Teaching Business as a Force for Good Resources for Educators from B Lab Example Syllabi B Impact Teams Setup Information Leading Examples & Archives of related books, case studies, etc. Trainings for Students Resources for Educators - Community Organized LinkedIn Group Quarterly Community Calls to exchange best practices Annual In-person Gathering

18 Curriculum & B Impact Teams Boise State hosts workshops for area businesses CU Boulder offers the B Impact Assessment service as part of their team s overall sustainability consulting efforts Portland State assists business with the B Impact Assessment Saint Joseph s integrates B Impact teams into a capstone course North Carolina State, University of North Carolina & Duke collaborate to host B Corp Clinic workshops for area businesses

19 Leadership, Ethics, & Organizational Sustainability

20 Leadership, Ethics, & Organizational Sustainability (LEO) Students learn thoughtful, real -world leadership for the four bottom lines of People, Planet, Profit, & Purpose Currently 50 majors and 35 minors Commonly combined with Food Marketing, Marketing, Managing Human Capital, Sociology, & Psychology

21 Leadership, Ethics, & Organizational Sustainability (LEO) Applied Sustainable Leadership senior capstone class - students work with local companies to help them be a force for good Earned honorable mention for the 2015 Page Prize in Sustainability

22 B Impact Team Project History (n=24)

23 Spotlight: Saint Joseph s University B Impact Team Project Overview: Facilitate QIA/BIA Produce report and recommendations Live client presentation and dialogue Support path to B Corp Certification

24 Spotlight: Saint Joseph s University B Impact Team Project What we are learning: What it means to be B Corp Certified versus a legal Benefit Corporation Analyze and gain knowledge of established B Corps and Benefit Corporations as well as their current initiatives and impact How B Corps support the concept of Triple Bottom Line (TBL)

25 Spotlight: Saint Joseph s University B Impact Team Project What we are learning: How to start the dialogue with business leaders on impact management and consideration of a TBL Insights into career development and personal/professional contributions to business as a force for good Gaining an awareness of an image for the future through initiatives such as the United Nation s Sustainable Development Goals and Pope Francis Laudato Si

26 Benefit Corporation Research Issue #1 Issues #2 & #3

27 B Corps, the BIA, & Higher Ed: Procurement & Operations

28 A Free Tool for Operations Professionals: The BIA as internal management Quantitative metrics across all impact areas allows for benchmarking, goal setting, and accountability Built-in improvement tools and best practices Free Confidential Holistic Adaptive Higher Education Addendum creates industry specificity, including metrics on: Student Experience Educational Models & Engagement Recruiting, Marketing, & Transparency Student Outcomes

29 Easy Wins: Buy from B Corps Ready-Made High-Impact Potential Supplier List Certified B Corporations in industries from office supplies to waste management to food/beverage Searchable on Provides easy wins for improving impact of supply chain

30 From One to Many: B Analytics 50,000+ businesses 100+ institutions

31 B Analytics: Supply Chain Aggregate data access allows for internal & external benchmarking Standardized baseline plus available customization - suppliers can fill out QIA/BIA, particular sections, custom questions Data visualization tools for streamlined reporting Flexible interface - design requests into particular campaigns, RFP s, contracts, etc

32 Question Level Benchmarking

33 Flexible Reporting Click on Impact Area to drill down into the questions you want to visualize. B Analytics will recommend a chart type for you, and you can adjust the chart type as you see fit.

34 Standards Navigator Use the Standards Navigator to explore the questions asked in the B Impact Assessment. In the top righthand corner, you can see the number of times companies have answered this question.

35 Impact Cloud You can switch between improvement potential and impact attained

36 My Dashboard

37 How campuses can engage with suppliers: Recommend the B Impact Assessment bimpactassessment.net Learn more: Track Usage: Custom Landing Page Get a personalized link to the Assessment Get tips, materials on how to invite businesses Access B Analytics, Get trained by B Lab Start a comprehensive program to engage suppliers on impact Access data for reporting, benchmarking, and goalsetting Join a cohort of peers to learn best practices

38 Beyond Certification: Institutions using the B Impact Assessment

39 Start Today! Check out B Corps at SSC Booths 27/28

40 Location: Hopland, CA Product/Service: Wine B Corp Since: 2015 First winery in California to operate on 100% renewable energy in First Zero Waste certified wine company in the world. First Carbon Neutral certified wine company in the U.S. One of the largest organic and biodynamic winegrape growers in the U.S. First winery to publicly report greenhouse gas emissions with the Climate Registry in 2005.

41 Location: Petaluma, California Product/Service: Compostable Food Packaging B Corp Since: 2008 All products made from plants, not petroleum (replacing plastic and foam) Donates 25% of profits to grassroots social and environmental causes Pays 100% of employees health insurance and parental leave benefits Audits all suppliers and factories for Fair Labor practices Offsets 100% of carbon emissions from raw material to final delivery

42 Natural Systems Utilities (NSU) manages one of the largest bases of onsite water treatment and reuse systems in the US. Location: Hillsborough, New Jersey Product/Service: Onsite Water Treatment & Reuse Solutions B Corp Since: 2010 Headquarters are certified LEED Silver using 51% less energy, 20% less water; 87% of construction waste was diverted from landfills. Living wage paid to all employees NSU covers >80% of employee health insurance costs, as well as providing continuing education & tuition reimbursement benefits. NSU systems reduce onsite water footprint by over 50%. Example: The New School University in-building onsite water reuse system is designed to reduce water use by 74% and reduce discharge into the combined sewer by 89%.

43 Location: Hood River, OR Product/Service: Plant Based-Vegan Food Products B Corp Since: 2015 Based in a LEED Platinum building, with 100% renewable electricity and water, waste, and energy efficiency measures Supports local, regional, and national nonprofits with charitable giving and advocacy support Covers 100% employee health insurance coverage, and offers coverage to part-time employees Regular quality assurance audits for supply chain partners 95%+ products are organic or non-gmo

44 Location: Waltham, MA Product/Service: Household and food service products B Corp Since: 2011 Manufacture products made from recycled #5 plastic that are recyclable after use Gimme 5 program collects #5 plastics, a typically under-recycled plastic All manufacturing and recycling done in the USA Products are BPA-free and melamine-free Employees provided paid time off for community service

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46 Few will have the greatness to bend history itself... It is from numberless diverse acts of courage and belief that human history is shaped Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope and crossing each other from a million different centers of energy and daring those ripples build a current... Robert Kennedy

47 Agenda 1 Overview of B Lab, Certified B Corporations, and the B Impact Assessment 2 B Corps, the BIA, & Higher Ed: Curriculum and Student Engagement 3 B Corps, the BIA, & Higher Ed: Procurement & Operations 4 Q & A

48 Thank you! Heather Van Dusen Resources