GENASHTIM SDN. BHD.

Certified B Corporation
Headquarters

Selangor, Malaysia

Certified Since

April 2020

Industry

Education & training services

Sector

Service with Minor Environmental Footprint

Operates In

Malaysia

Genashtim is a for-profit social enterprise, subscribing to the Triple Bottom Line concept of Profits, People and Planet. It was founded in 2004 by Thomas Ng, a Malaysian who currently lives in Australia. Thomas’ mission then was to leverage technology and the internet to connect marginalized communities to the global economy. This continues to be Genashtim’s primary purpose today. Genashtim SDN BHD was the 1st company to be certified as a B Corp in Malaysia and their counterpart Genashtim Innovative Learning based in Singapore is the 2nd company to be certified as B Corp in South East Asia. They have been named “Best for the World” amongst B Corps every year since and Platinum under the Global Impact Investment Rating System (GIIRS).

Overall B Impact Score

Based on the B Impact assessment, GENASHTIM SDN. BHD. earned an overall score of 126.8. The median score for ordinary businesses who complete the assessment is currently 50.9.
126.8
126.8 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 9.4

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 & Engagement2.3
Ethics & Transparency4.5
+ Mission Locked2.5

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.


Workers 67.8

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 Security3.7
Health, Wellness, & Safety11.0
Career Development4.3
Engagement & Satisfaction5.1
+ Workforce Development38.4

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.


Community 24.8

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, & Inclusion7.2
Economic Impact10.0
Civic Engagement & Giving3.7
Supply Chain Management1.1

Environment 9.5

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 Management2.6
Air & Climate1.6
Water0.0
Land & Life1.8

Customers 14.7

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 Stewardship4.0
+ Business Model and Engagement0
+ Quality and Continuous Improvement6.9
+ Educational Outcomes1.9
+ Privacy and Consumer Protection1.5

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

2024 Overall B Impact Score126.8
2020 Overall B Impact Score89.1

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