Torrens University Australia, Think Education, and Media Design School
New South Wales, Australia
December 2022
Higher education
Service with Significant Environmental Footprint
Australia,
New Zealand
Torrens University, Think Education and Media Design School (MDS), initially certified in 2015 under Laureate Education, transitioned to Strategic Education, Inc. in 2020, preserving their B Corp certification throughout. In 2022, they achieved independent recertification. As members of Torrens Global Education, they champion the transformative role of education in enhancing individual lives, society and the world, aiming to broaden access to higher education. Established in 2014, Torrens University is recognised as Australia’s fastest-growing university, providing industry-aligned undergraduate, postgraduate and specialised programs across various disciplines, available both on campus and online. Think Education, founded in 2006, serves as a dual-sector provider, offering Higher Education and Vocational Education and Training (VET) courses in Nursing and Complementary Medicine. Founded in 1998, MDS stands as New Zealand’s leading animation school and ranks 12th globally. It is the top private tertiary provider in the Asia-Pacific for digital and creative technology qualifications.
Overall B Impact Score
Governance 13.9
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.
Workers 21.0
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.
Community 15.6
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.
Environment 7.8
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.
Customers 31.5
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.