Posit

Certified B Corporation
Headquarters

Massachusetts, United States

Certified Since

December 2019

Industry

Software publishing and SaaS platforms

Sector

Service with Minor Environmental Footprint

Operates In

United States

Website

Posits’s primary purpose is to create free and open-source software for data science, scientific research, and technical communication. This allows anyone with access to a computer to participate freely in a global economy that rewards data literacy; enhances the production and consumption of knowledge; and facilitates collaboration and reproducible research in science, education and industry. To reliably contribute to the deeper understanding and improvement of the world, data science tools must be sustainable over the long haul, which requires a stable, long-term source of financial investment. Today, millions of people download and use Posit open-source products in their daily lives while thousands of organizations and individuals, who have the need and ability to pay for their commercial products on premises or online, help them to sustain this work. Together, these products form a virtuous cycle. The adoption of open-source data science software in organizations creates demand for our commercial products, which enable teams to adopt open-source data science software at scale. The revenue from our commercial products, in turn, enables ongoing investment in the open-source software that benefits all users.

Overall B Impact Score

Based on the B Impact assessment, Posit earned an overall score of 86.1. The median score for ordinary businesses who complete the assessment is currently 50.9.
86.1
86.1 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 16.1

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 & Engagement1.7
Ethics & Transparency4.3
+ 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 30.5

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 Security13.5
Health, Wellness, & Safety7.8
Career Development3.1
Engagement & Satisfaction4.9

Community 11.9

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, & Inclusion5.2
Economic Impact4.0
Civic Engagement & Giving0.7
Supply Chain Management0.0

Environment 3.4

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 & Climate0.0
Water0.0
Land & Life0.0

Customers 24.1

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 Stewardship1.7
+ Education20.6
+ Serving in Need Populations1.7

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.



Previous Overall B Impact Scores

2019 Overall B Impact Score86.1

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