First Rate, has been recognized in the first ‘Best for the World’ list as a business creating the most positive worker impact. First Rate and the other ‘Best for the World’ businesses earned a score in the top 10% of all Certified B Corporations and, on average, 2x 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.
“First Rate is a leader in the global movement to redefine success in business,” said Jay Coen Gilbert, co-founder of B Lab, the nonprofit organization that governs the B Impact Assessment and certifies B Corporations. First Rate is among the best in the world at being the best for the world.”
The ‘Best for the World’ lists appear in the 2012 B Corp Annual Report published today by B Lab.
‘B Corp Best of the Best for Workers’ leaders include: Change.org, Exponent Partners, First Affirmative Financial Network, First Rate, Inc., Heller Consulting, King Arthur Flour Company, Namaste Solar, Partnership Capital Growth, PeaceWorks Technology Solutions, Rally Software, Re:Vision Architecture, Relevance, South Mountain Company, Inc., Sungevity, The Caprock Group and thedatabank, inc.
First Rate became a B Corp to join, support and identify with the movement of other business that want to serve more than just its stakeholders, employees and customers. First Rate is striving to transform the business community to engage its human resources and financial resources in non-business spheres of society: education, government, media, entertainment, family and religion.
“First Rate endeavors to challenge the traditional measurements of success for businesses,” said Craig Wietz, president of First Rate. “While the traditional benchmarks of growth and profit are necessary for sustainability, we believe that by concentrating on employee satisfaction, employee personal growth, customer satisfaction and contribution to improving society, we are not only serving a higher purpose but that the traditional benchmarks will also be addressed. It is counter-intuitive to popular belief, but something that has carried us for the past twenty years.”