Emzingo Receives B Corporation Certification
Today Emzingo is incredibly proud to announce that it has become a Certified B Corporation™. Certified B Corporations are committed to using the power of business to solve social and environmental problems and must meet a set of standards regarding transparency and governance, social and environmental ethics, and accountability. A personal development design firm, Emzingo facilitates transformative experiences through an educational approach that focuses on action learning and social impact via workshops, forums, and immersive experiences in Brazil, Peru, South Africa, Spain, and the United States.
There are more than 1,200 Certified B Corporations from over 120 industries and nearly 50 countries with one unifying goal: to redefine success in business. Emzingo is in good company: Etsy, Patagonia, Ben and Jerry’s, Seventh Generation, and Natura are among the best known B Corporations.
The belief at Emzingo is that business has a higher social purpose, one that goes beyond profit, and the B Corp assessment measures Emzingo’s success against rigorous values and responsible practices as the company continues to grow. Co-founder Drew Bonfiglio summarized this in a recent Net Impact blog post: “Emzingo and the B Corp movement have a clear alignment in terms of values. In addition to the philosophical alignment on how businesses should operate, there were three main drivers for us to join the B Corp community: Accountability to our team and stakeholders; Being part of the movement equals credibility; and to encourage collaboration for mutual success.”
The heart of B Lab, the company behind B Corporations, is its rigorous certification process on social and environmental performance, to which any business can apply. Accepted companies are part of a socially-minded business community, and often collaborate to raise money, share sustainability strategies, and publicize job opportunities. In U.S. states where legislation has passed, B Corporations are legally required to consider the impact of their decisions on their employees, suppliers, community, consumers, and the environment in addition to shareholder value.
“At Emzingo, we believe that business leaders should take into consideration people and planet — beyond profit. Thus, joining the B Corp movement was a no-brainer, because the certification holds companies to a rigorous set of standards that measure a company’s impact on employees, suppliers, community, and the environment,” says Emzingo Partner Pablo Esteves.
For the past five years, the Emzingo team has designed and facilitated personal development programs that provide business leaders with the skillset, capabilities, and mindset needed to succeed in today’s business environment while making a positive social impact. Every year, hundreds of participants from companies and academic institutions join Emzingo’s innovative and award-winning programs and have, in the process, helped 70+ social organizations in United States, South Africa, Brazil, Peru, and Spain. The Emzingo goal is clear: to develop the next generation of responsible leaders that will solve some of the world’s most pressing problems.
Emzingo is a personal development design firm that prepares individuals to address global challenges and connect business to society. Developed in 2010 inside the venture lab at IE Business School in Madrid, Spain, Emzingo creates transformative leadership programs that increase employee engagement, create a positive workplace environment, embrace radical transparency, and align company incentives with people and planet. Emzingo also works with academic institutions around the world including IE Business School, McGill University, and the University of Southern California to promote responsible leadership in their students. Its programs use social impact projects and leadership development curriculum to enhance participants’ business and entrepreneurial skills through a deeper understanding of the social sector and a more reflective and self-aware business acumen.
About B Corporations
Certified B Corporations meet the highest standards of overall social and environmental performance, legally expand their corporate responsibilities to include consideration of stakeholder interests, and build collective voice through the power of the unifying B Corporation brand. There are more than 1,200 Certified B Corporations from over 120 industries and nearly 50 countries with one unifying goal – to redefine success in business. B Corporations are leaders of the global movement of People Using Business as a Force for Good.
About B Lab
B Lab is a nonprofit organization that serves a global movement of People Using Business as a Force for Good. Its vision is that one day all companies will compete to be Best for the World and as a result society enjoys a shared and durable prosperity. B Lab drives this systemic change through a number of interrelated initiatives: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) promoting usage of Mission Aligned corporate structures to increase efficacy of social entrepreneurship and impact investing (more than 2,000 benefit corporations have been registered in the 27 states and District of Columbia that have passed benefit corporation laws); 3) promoting Measure What Matters campaigns to increase use of free, powerful tools for businesses to measure, compare and improve their social and environmental performance (more than 20,000 businesses use B Lab’s free B Impact Assessment); 4) developing B Analytics, a customizable platform to help investors and institutions measure, benchmark, and report on the impact of the businesses with whom they work and in whom they invest. For more information, visit www.bcorporation.net, www.bimpactassessment.net, www.b-analytics.net, and www.benefitcorp.net.