Friday, April 30, 2010

Hydrovolts is a B Corporation

Certified B Corporation Seal
Hydrovolts has achieved certification from B Labs as a B Corporation--one of only 285 companies in the United States, and one of only 10 in Washington State.

Certification as a B Corporation attests to the values of a business, including those summarized in the B Corporation Declaration of Interdependence:
We envision a new sector of the economy which harnesses the power of private enterprise to create public benefit.

This sector is comprised of a new type of corporation, the B Corporation, which is purpose-driven and creates benefit for all stakeholders, not just shareholders.
The Declaration continues:
As members of this emerging sector and as entrepreneurs and investors in B Corporations, we hold these truths to be self-evident:
  • That we must be the change we seek in the world.
  • That all business ought to be conducted as if people and place mattered.
  • That, through their products, practices, and profits, businesses should aspire to do no harm and benefit all.
  • To do so requires that we act with the understanding that we are each dependent upon another and thus responsible for each other and future generations.
B Corporation objectives go beyond generating profits, embracing the importance of social and environmental values as well--triple bottom line values. B Corporations want to make the world a better place, and enshrine those values into their governing documents.

Hydrovolts achieved B Corporation certification following completion of a survey and assessment. We're proud that we achieved three areas of excellence--Accountability, Employees, and Consumers. Yet we can improve our practices (and hence our scores) in those areas as well as in Community and Environment, and commit ourselves to doing so.

Our commitment to sustainability is a natural fit for a B Corporation. We are proud to be part of a new wave of sustainably-focused business, and being the change we seek.
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2 comments:

Terena Bell - In Every Language said...

Welcome! My company, In Every Language, is a B Corp. If we can ever connect or help out, let me know! We offer a discount to fellow B Corps on translation and other services.

CBL said...

Terena, thanks for your comment. Great to see more B Corporations all the time; this is a movement that will only grow. My French is barely adequate to the job (je parle la langue d'hotel seulement) so professional assistance will be necessary as we expand globally.

If you haven't already, check out our sustainability plan which won the National Sustainability Award at the Cleantech Open in 2009.