Squeaky has been named a 2022 Best for the World™ B Corp™ in recognition of its exceptional positive impact on its Governance. Best for the World is a distinction granted by B Lab to Certified B Corporations (B Corps) whose verified B Impact Scores in the five impact areas evaluated in the B Impact Assessment — community, customers, environment, governance, and workers — rank in the top 5% of all B Corps in their corresponding size group.
Squeaky earned this honour because of its clear environmental mission and the way its commitment to social and environmental responsibility is reflected in the governance and structure of the company. Particularly highlighted are Squeaky’s ethics and transparency, excellent internal management and good governance, code of ethics and financial practices which are central to the whole business.
Commenting on the award, Squeaky’s chief legal and compliance officer Susannah Franks said, “We are delighted to receive this recognition as a Best for the World B Corp for Governance. As a purposeful business, we are committed to doing things well and to being accountable, ethical and transparent in our business practices – something which runs through the entire Squeaky group of companies.”
She continued, “B Corp certification is important to us as a public mark of our ethical and sustainable credentials, and we intend to continually improve our B Corp score across the five impact areas. We are working towards impact reporting where we will be able to quantify and publish our social and environmental impact.”
Every year, Best for the World recognises the top-performing B Corps creating the greatest positive impact through their businesses. More than a badge of honour, Best for the World provides an opportunity for recognised companies to share knowledge, learnings, and best practices with the B Corp community and businesses outside of the community to encourage innovation and transformation across the business sector. The full lists are available at bcorporation.net.
The Best for the World recognition is administered by B Lab, the global non-profit network that certifies and mobilises B Corps, which are businesses that meet high standards of positive social and environmental performance, accountability, and transparency. Today, there are more than 5,000 B Corps across 80 countries and 155 industries, unified by one common goal: building an inclusive, equitable, and regenerative economic system.
“Each Best for the World edition is an opportunity to raise the bar for how businesses can and should operate to create real and lasting positive impact for their workers, customers, communities, and the environment,” explains Dan Osusky, head of standards and insights at B Lab Global. “While no company is perfect and even the best companies can and should continue to strive to improve, the B Corps recognised as Best for the World can provide us all — standards setters, B Corps, non-B Corps, and sustainability advocates — with inspiration on what true leadership in business can look like to make progress on addressing our current global challenges.”
B Corp Certification doesn’t just evaluate a product or service, it assesses the overall social and environmental impact of the company that stands behind it. To achieve B Corp Certification, a company must meet a score of at least 80 points on the B Impact Assessment, an evaluation of a company’s positive impact, and pass a risk review, an evaluation of a company’s negative impact; change their corporate governance structure to be accountable to all stakeholders, not just shareholders; and exhibit transparency by allowing information about their B Corp Certification performance to be publicly available on their B Corp profile on B Lab’s website.