EdventureCo

Certified B Corporation
Headquarters

New South Wales, Australia

Certified Since

August 2022

Industry

Education & training services

Sector

Service with Minor Environmental Footprint

Operates In

Australia,

New Zealand,

Philippines

EdventureCo is a premium provider of digital, soft and future skills training that prepares the workforce of today for success tomorrow. Students receive skills and qualifications to commence their careers, upskill or reskill, as part of EdventureCo’s commitment to lifelong learning experiences. It comprises six established and market leading businesses delivering skills focused training to over 20,000 students each year via online delivery and across 13 campuses in Australia, New Zealand and the Philippines. EdventureCo operates as the education platform for parent company Arowana. Its brands include ENS, Everthought Education, DDLS, the Australian Institute of ICT, Auldhouse, and Plain English Foundation.

Overall B Impact Score

Based on the B Impact assessment, EdventureCo earned an overall score of 88.5. The median score for ordinary businesses who complete the assessment is currently 50.9.
88.5
88.5 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 17.5

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.

Mission & Engagement1.7
Ethics & Transparency5.7
+ Mission Locked10

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 27.5

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.

Financial Security3.3
Health, Wellness, & Safety5.3
Career Development6.7
Engagement & Satisfaction7.7

Community 16.5

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.

Diversity, Equity, & Inclusion7.9
Economic Impact4.0
Civic Engagement & Giving2.9
Supply Chain Management0.0

Environment 7.9

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.

Environmental Management2.5
Air & Climate2.2
Water0.3
Land & Life2.7

Customers 19.0

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.

Customer Stewardship2.9
+ Business Model and Engagement0
+ Quality and Continuous Improvement9.4
+ Educational Outcomes2.4
+ Privacy and Consumer Protection3.8

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.



Previous Overall B Impact Scores

2022 Overall B Impact Score88.5

Additional Documentation

EdventureCo Transparent Assessment 2022


B Labs Logo - Home Link

Sign up to our Insights newsletter, a monthly digest of the latest news on economic systems change from B Lab Global.

We take the security of your data seriously, read our privacy policy for further information. For newsletter communications relating to your local region, please visit Global Partner sites to subscribe.

Copyright © 2024 B Lab. All rights reserved.