Genashtim Pte Ltd

Certified B Corporation
Headquarters

North West Community Development Council, Singapore

Certified Since

December 2015

Industry

Education & training services

Sector

Service with Minor Environmental Footprint

Operates In

Australia,

China,

Ghana,

Malaysia,

Philippines,

Singapore

Genashtim was set up to bring world-leading eLearning programs to Asia. They have since developed our own online learning solutions and embarked on other online support services. Genashtim Sdn Bhd (GSB) is part of the Genashtim Group. GSB is an HRDF certified training provider that brings internationally acclaimed Ivy League online education, and English coaching programmes to improve the employability of Malaysian graduates. GSB’s vision is to uplift Malaysia’s competitiveness in the global economy by upgrading the skills of the Malaysian youth.

Overall B Impact Score

Based on the B Impact assessment, Genashtim Pte Ltd earned an overall score of 119.8. The median score for ordinary businesses who complete the assessment is currently 50.9.
119.8
119.8 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 18.9

The Governance Impact Area evaluates a company's overall mission, engagement around its social and 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 & Engagement3.2
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 29.2

The Workers Impact Area evaluates a company's contributions to its employees' financial security, health and safety, wellness, career development, as well as overall engagement and 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 Security3.8
Health, Wellness, & Safety9.0
Career Development5.2
Engagement & Satisfaction6.0

Community 38.1

The Community Impact Area evaluates a company's engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity, and 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, & Inclusion8.1
Economic Impact7.8
Civic Engagement & Giving2.8
Supply Chain Management2.5
+ Designed to Give14.7

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.


Environment 12.7

The Environment Impact Area 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 Management1.7
Air & Climate3.2
Water0.5
Land & Life1.7

Customers 20.4

The Customers Impact Area 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 and media products, serving underserved customers or clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship3.0
+ Business Model and Engagement0
+ Quality and Continuous Improvement8
+ Educational Outcomes4.6
+ Privacy and Consumer Protection3.5

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

2021 Overall B Impact Score119.8
2018 Overall B Impact Score109.1
2015 Overall B Impact Score119.3

Best for the World

Every year, B Lab recognizes the B Corps that have achieved the highest verified scores in the five impact areas evaluated on the B Impact Assessment.

Best For The World: Community2019
Best For The World: Community2018
Best For The World: Community2017
Best For The World: Overall2017
Best For The World: Community2016

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