Hub Australia

Certified B Corporation
Headquarters

Victoria, Australia

Certified Since

January 2013

Industry

Membership organizations

Sector

Service with Significant Environmental Footprint

Operates In

Australia

Founded in 2011, Hub Australia is Australia’s largest privately-owned flexible workspace operator, helping people love where they work. Hub’s goal is to create a premium flexible work experience, through their exceptional hospitality services, state-of-the-art technology and amenities, and exclusive member events and perks. They’re dedicated to fostering a community of Australia’s best businesses, and regularly host networking and community events to achieve this. Their diverse professional community of entrepreneurs, freelancers, scaling businesses, and corporate enterprises working in their spaces across the country has made Hub home for thought leaders and innovators to connect across business, lifestyle, and social impact in Australia. As well as being one of Australia’s first Certified B Corporations, Hub is also Australia’s first Carbon Neutral Certified coworking provider, and the first coworking location in the country to achieve a WELL Health-Safety Rating.

Overall B Impact Score

Based on the B Impact assessment, Hub Australia earned an overall score of 82.4. The median score for ordinary businesses who complete the assessment is currently 50.9.
82.4
82.4 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 10.0

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 & Engagement2.8
Ethics & Transparency4.6
+ 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 25.3

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 Security3.6
Health, Wellness, & Safety4.2
Career Development3.8
Engagement & Satisfaction6.9

Community 15.4

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, & Inclusion4.1
Economic Impact2.6
Civic Engagement & Giving4.8
Supply Chain Management1.9

Environment 25.3

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 Management2.2
Air & Climate4.5
Water2.0
Land & Life3.0

Customers 6.2

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 Stewardship2.0
+ Support for Underserved/Purpose Driven Enterprises3.4

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.



Previous Overall B Impact Scores

2021 Overall B Impact Score82.4
2017 Overall B Impact Score82.1
2013 Overall B Impact Score82.6
2013 Overall B Impact Score80

Additional Documentation

Hub Australia Disclosure Report 2021


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