How Impactful Are Your Suppliers?
B The Change Weekly: March 26, 2021
Delivered on Fridays, B The Change Weekly delivers the most important and most relevant stories about people using business as a force for good. The newsletter features a weekly note from the B The Change team alongside insight and context on the stories we share here on Medium. Below is our latest roundup. To receive these insights directly in your inbox, sign up for B The Change Weekly today. Now on to the good stuff:
Certified B Corporations aren’t just doing business better — they are encouraging other companies to do the same while building the B Economy. One measurement-driven method is to require suppliers to gauge their environmental and social benefit by taking the B Impact Assessment.
This process — answering questions about policies and procedures that in turn drive improvement and impact — gives companies an idea of where they stand and where they can get better. It also connects them with the B Corp community, where they can find collaborators, inspiration, and lessons for shaping a more inclusive and regenerative economy.
Screening Supply Chains for Positive Impact
By encouraging or requiring their suppliers to factor environmental and social benefits into their business decisions and practices, B Corps amplify their values and build the B Economy. Through supplier screenings, B Corps are strengthening the stakeholder capitalism model and raising the bar for all companies to do business better.
Bridging the Procurement Gap
How can companies address and improve sustainability issues in their supply chains? In this article from the Network for Business Sustainability, researcher Veronica H. Villena says procurement is a key but often overlooked component — and suggests ways that companies can take a new and better approach.
Backing Small Businesses, in Good Times and Bad
As COVID-19 drove consumers online in a big way, online sales grew as well as deliveries: More delivery trucks on the road, more boxes, more packaging. For B Corp Sendle, the environmental effects of this shift have renewed their dedication to the small businesses they serve and their commitment to positive impact.
Stay in the Know
Here’s your chance to catch up on recent articles:
- B Corps Doing Business Better: Screening Supply Chains for Positive Impact: By Screening Suppliers for Environmental and Social Practices, B Corps Benefit People and Planet
- Doing Good Business: B Corp Recertification, Round Two: Why B Corp Sendle Believes Our Impact on the World Matters, Now More Than Ever
- Driving Climate Action Through Certification, Collaboration, and Connections: Join B Corps in Conversation About Climate Change Through the Lens of the Winter Mountain Sport Ecosystem
- The Missing Link in Supply Chain Sustainability: Procurement: Research Reveals 4 Ways to Make Procurement Central to Supply Chain Sustainability
- The Best Practices Embedded in World Centric’s Global Grassroots Giving Program: Director of Impact Shares Why and How the B Corp Gives 25% of Profits to Community Projects Around the World
- B Corp Makes Good Business Sense: How a Founding B Corp Encourages Other Companies to Join the Movement
- Plant-Based Foods Are Our Future, and Entrepreneurs Are Helping Us Make the Shift: Employee-Owned B Corp Creates Planet-Friendly Foods
- Business As a Force for Good: Unpacking Social Sustainability: Why Companies Are Shifting to a Stakeholder Mindset
- Behind the Scenes at a Pioneering Dental Service Organization B Corp: Rodeo Dental Aims to Expand Access to Care for Texas Families
- How to Build an Ethical Marketing Policy: B Corp Shares Example of an Ethical Marketing Policy and a Template You Can Use to Create Your Own
- B Corps Doing Business Better: Enhancing Workplace Wellness by Offering Health Insurance to Part-Time Employees: By Bridging the Coverage Gap for Workers, B Corps Acknowledge the Value of Employees’ Mental and Physical Health
B The Change gathers and shares the voices from within the movement of people using business as a force for good and the community of Certified B Corporations. The opinions expressed do not necessarily reflect those of the nonprofit B Lab.
