Torrens University Australia, Think Education, and Media Design School

Certified B Corporation
Headquarters

South Australia, Australia

Certified Since

December 2022

Industry

Higher education

Sector

Service with Significant Environmental Footprint

Operates In

Australia,

New Zealand

Torrens University (TUA), Think Education, and Media Design School (MDS) were first certified in 2015 as part of Laureate Education’s global certification, prior to being sold to Strategic Education, Inc. in 2020. TUA, Think and MDS maintained their certification through the sale, and were independently recertified in 2022. TUA, MDS and Think all share a common vision: to connect the world for good; and are all part of Torrens Global Education. - Founded in 2014, TUA is Australia’s fastest growing university, offering a global academic experience that’s fully connected to industry. TUA proudly delivers high-quality undergraduate, graduate and specialised degree programs in a wide-range of academic disciplines at campuses across Australia and online. Think Education offers courses across the VET and Higher Ed sectors. Founded in 2006, Think offers courses in Nursing and Complementary Medicine at campuses across Australia and online. - MDS is New Zealand’s most awarded tertiary provider for digital and creative technology qualifications. It is the number one ranked 3D animation and visual effects school in Asia Pacific, and top 10 globally. Founded in 1998, MDS is located in the heart of industry at its 6 Green Star rated campus in the Wynyard Innovation Precinct in Aucklan

Overall B Impact Score

Based on the B Impact assessment, Torrens University Australia, Think Education, and Media Design School earned an overall score of 90.0. The median score for ordinary businesses who complete the assessment is currently 50.9.
90
90 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

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.



Previous Overall B Impact Scores

2022 Overall B Impact Score90

Additional Documentation

Torrens University Australia - Transparent Assessment 2022

Media Design School - Transparent Assessment 2022

Score Roll Up Methodology Torrens University Australia 2022


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