B Lab is a nonprofit organization dedicated to using the power of business to solve social and environmental problems.
©Copyright 2012 B Lab. All rights reservedAbout Inspire Commerce
Inspire Commerce represents the next generation of merchant services companies. Their services combine technologically sophisticated merchant solutions with a commitment to social change, by offering credit card processing, gift and loyalty card programs, and check services. By working with companies whose goals include positive social change as well as profitability, Inspire Commerce enables the transactional side of business to contribute to social change in a unique way.
Inspire Commerce is a different type of merchant service provider. They are a triple bottom line company, aiming to not only benefit their stockholders and clients, but also the greater community in which they live.
We became a Certified B Corporation to align with like-minded businesses focusing on responsibility. We want to support the B Corporation movement and the change it represents in the marketplace. Along with those benefits, we are using the B Ratings System to gain objective feedback on improving business practices and measure our performance in several important areas.
The Change We Seek™
Our goal is to increase the bottom lines of socially-minded businesses while simultaneously raising money for the social causes to which they are committed.
All of our operating agreements take into consideration how our business interacts with the world around us. We were the first merchant services company in the world to offer the, "For Benefit Merchant Program," which not only guarantees reduced fees for our partner companies, but also donates a minimum of 10% of our revenue stream to the non-profit of choice of our merchants. We believe that it is the responsibility of businesses to lead the push for healthy global change.
Inspire Commerce does not want to be in the position of determining what is or is not a social enterprise or triple bottom line business, and so it has identified B Corporation as a partner who can provide the same screening/certification 'services' for for-profit social enterprise and triple bottom line business that the IRS provides in 'certifying' 501c3 nonprofit organizations. In our Inspire Commerce/B Corporation Program, not only will we donate 10% of our gross revenue to your non-profit of choice, we will contractually agree to pay all of your B Corporation certification fees on any sales that you process using our credit card transaction services.
Inspire Commerce
- Industry: Other
- Product/Services: Merchant Services
- Location: Boulder, CO
- Ownership: Private
- http://www.inspirecommerce.com/
Summary:
Certified: September 2008| Points Earned | % Points Available | |
|---|---|---|
| Accountability » | 9 | 90% |
| Employees » | 32.4 | 72% |
| Consumers » | 0 | 0% |
| Community » | 55.5 | 65% |
| Environment » | 13.5 | 68% |
| Composite B Score | 110.4 |
- >80 out of 200 is eligible for certification
- >60% points available = Area of excellence
Highlights:
From B Impact AssessmentEnvironment: >25% of office supplies come from recycled materials; 100% of carbon inventory offset; renewable energy increased annually; Policy to reduce corporate travel; Written environmental policy
Employees: covers >80% healthcare costs for employees and families
Community: 10% profits donated to charity; 75% of expenditures directed toward local suppliers; >50% of ownership located in same community as 2/3 workforce
News
• Inspire Commerce Company News Room Go»



