Monash South Africa became a Certified B Corporation in 2015. B Corps are a new type of company that uses the power of business to solve social and environmental problems. B Corp certification is to business what Fair Trade certification is to coffee or USDA Organic certification is to milk.
Monash South Africa was certified by the non-profit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. We’ve evaluated how our practices impact our employees, our community, the environment, and our customers.
We’re proud to be a Certified B Corporation®.
B Corporations are leaders of the global movement of people using business as a force for good™
There are currently 2162 Certified B Corporations from more than 130 industries in 50+ countries with 1 unifying goal – to redefine success in business.
B Corps are important because they inspire all businesses to compete not only to be the best in the world, but to be the best for the world.
Certified B Corporations meet higher standards of social and environmental performance, transparency, and accountability.
It’s like Fair Trade certification but for the whole business, not just a bag of coffee (or USDA Organic certification, but not just for a carton of milk; or LEED certification, but not just for a building).
The performance standards B Corps meet are comprehensive, transparent and verified. They measure a company’s impact on all its stakeholders (e.g. employers, suppliers, community, customers and the environment).
Unlike traditional corporations, Certified B Corporations are legally required to consider the impact of their decisions not only on their shareholders, but also on their stakeholders (e.g., employers, suppliers, community, consumers, and the environment).