Business Fights Poverty
1.6
City of London, United Kingdom
September 2015
Social networks & info sharing
Service with Minor Environmental Footprint
United Kingdom
Business Fights Poverty is a global community of people, companies and organisations committed to building a more equitable and resilient future. It is founded on the belief that business can play a vital role in improving the lives, livelihoods and learning opportunities of the most vulnerable people and communities. Working with international businesses, Business Fights Poverty helps organisations engage internal and external stakeholders through carefully curated hybrid Global Summits, bespoke convenings, and exclusive peer-to-peer sessions via its Peer Club. It enables companies to learn from and share leading practice through action-focused thought leadership, co-created solutions developed with the Business Fights Poverty Institute and its world-class Senior Fellows, and AI tools designed to surface collective intelligence. It also helps businesses deliver impact by connecting them to trusted advisors through its Global Expert Network of more than 200 senior experts across 30 countries, and by measuring and strengthening social impact through its Compass tool, based on a methodology used more than 1,000,000 times by over 1,000 partners. An award-winning UK Founding B Corporation, Business Fights Poverty reflects the principles at the heart of the B Corp movement: using bu
Overall B Impact Score
Governance 18.0
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Workers 31.9
Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.
Community 23.3
Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.
Environment 15.7
Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.
Customers 23.4
Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.