Why We Are A B Corp
Social Data Systems became a Certified B Corporation in 2018. 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.
SDS 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.
Today, there are over 2,200 Certified B Corps around the globe, including Hootsuite,
Reformation, and Ben & Jerry’s. We are proud to join them in redefining success in business, so that one day everyone uses business as a force for good. To learn more about our certification, check out our B Corp profile.
Using the benefit corporation structure enables our company to meet the legal requirement for BCorp certification. By meeting this requirement, B Corps are better able to maintain mission as we scale, enjoy more flexibility when evaluating future sale options, and are better prepared to lead a mission-driven life post-IPO. Adopting a mission-aligned governance structure like the benefit corporation can also be a driver of long term value creation.
There are more than 3,000 benefit corporations that have met the highest standards of legal accountability, and less than 1,000 Certified B Corporations in the U.S. who have further distinguished themselves as leaders by meeting the highest standards of overall verified performance. We’ve done both.