Talent Nation is proud to announce its certification as a B Corporation, making it the first recruitment company in Australia to achieve B Corp status. Unlike traditional organisations, 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., the community, the environment, staff, suppliers and customers). Â As a Certified B Corporation, Talent Nation voluntarily meets a higher standard of transparency, accountability, and performance, harnessing the power of business to solve social and environmental problems.
âThis certification is aligned with our values and our commitment to supporting the âfor purposeâ sector be it not for profit, social enterprise or profit for purposeâ said Talent Nation Managing Director, Richard Evans. By obtaining this certification, we are walking the talk as we support those that operate out of more than just self-interest. It is fantastic to have this endorsement as it helps distinguish between good practices from good marketing.â
In order to be recognized as a Certified B Corporation, Talent Nation had to meet rigorous standards and was assessed on performance across environmental, social and governance metrics. The assessment included disclosure of information relating to Talent Nationâs management and operations, including its governance, workplace culture and employee benefits, environmental practices, and community engagement.
About B Corp
Certified B Corporations meet rigorous standards of social and environmental performance, legally expand their corporate responsibilities to include consideration of stakeholder interests, and build collective voice through the power of the unifying B Corporation brand. As of January 2014, there are more than 950 Certified B Corporations from over 60 industries and 28 countries, representing a diverse multi-billion dollar marketplace.
About B Lab
B Lab is a nonprofit organization that serves a global movement to redefine success in business so that all companies compete not only to be the best in the world, but the best for the world. B Lab drives this systemic change through a number of interrelated initiative: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between âgood companiesâ and good marketing; 2) passing legislation to accelerate growth of social entrepreneurship and impact investing (20 states have already passed benefit corporation legislation); 3) driving capital to high impact investments through the use of GIIRS Ratings and Analytics (more than 60 investors with over $3B in impact assets under management use GIIRS); and 4) providing free, powerful tools for businesses to measure, compare and improve their social and environmental performance (more than 7,000 businesses use B Labâs free B Impact Assessment).
