Research states that Australia and New Zealand might be the best place to invest in B Corps. B corps here have the fastest growing per capita income. The increase in these organizations has been 7 times since 2014 and currently, 270 B Corps are operating in Australia and New Zealand with most operating on a small to medium scale.
27 of Australian and New Zealand B corps are rated in the top 10% of organizations achieving a score of above 109 on the B Impact Score, a scale of productivity. Elkie & Ark achieved 150.6, the highest score of the region.
Globally, currently, 3000 B Corps are operating under 150 companies, across 64 countries. B Corps requires a score of 80 or above to qualified as one. The assessment provides a holistic view of your organization and the businesses that were certified and focused on the focus areas coming under the assessment were market leaders. These certified B corps meet the high standards of social and environmental performance, twice more likely to reduce greenhouse gases and provide more charity. Melbourne and Christchurch are considered to be global B Corp leaders.
The employees at B Corps were also given higher wages and more incentives such as higher health and wellness benefits. These organizations were more focused on giving a positive outcome to the community. These firms have a holistic view of the environment and consider themselves as part of that environment shaping their policies around the benefits of the external environment. This analysis shows that organizations can balance between productivity, profits and the environments and the B Corps are the future of the Industries, as this creates and preserves the environment that these organizations are operating in.
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