Orbit has been a proud B Corp since 2013. Not sure what a Certified B Corp is? Keep reading, I’ll explain.
What’s a Certified B Corp?
Certified B Corporations make up a community that makes it a priority to get involved and provide value in their community, both socially and environmentally.
In the business world, being a Certified B Corp is the equivalent of the Fair Trade certification for coffee and other products. We do business with our community, employees, suppliers, and partners in mind.
How did Orbit become a Certified B Corp?
In order to become a Certified B Corp, we had to go through the assessment process and prove that we operate based on high standards of social and environmental performance, accountability, and transparency. With the help of our amazing rep over at B Lab, it took us a couple of months to complete this process, but we did it!
There are five major categories that are involved in becoming certified. Here are examples of how we fit into each category.
- Four times a year, Orbit has what we call SOTO (State of the Orbit), which is an all-company meeting. During SOTO, Todd, our CEO, shares the financial health of the company with all of the employees.
- Orbit implements company policies that support the ideals of a Certified B Corp.
- Orbit has a flexible working environment and is committed to a work-life balance.
- Orbit makes business decisions based on the confluence of all stakeholders, employees, vendors, community, and the environment.
- Our top suppliers are all local companies within the Chicago area.
- Every year we have an “Orbit Electronic Recycling Project” where everyone brings in their used electronics to be recycled. We used ARCOA recycling to come and pick up an entire truckload of recyclable goodies.
- Orbit is virtually a paperless company, and we have recycling at the office.
- Every year Orbit heads up the Chicago Cause. Chicago Cause is a philanthropic partnership with other Chicago companies. Together we’ve donated over $660,000 in marketing services, including web design, digital marketing, SEO and content strategy to local Chicago nonprofits.
- We’ve held food drives for the Chicago Food Depository.
- We organized a 5K run to raise money for the American Red Cross + Chicago Food Depository. Almost every Orbit employee was part of the run.
Why did Orbit become a Certified B Corp?
Without Chicago, there would be no Orbit. We love this city and are proud to be able to give back.
We’re honored to be part of the B Corp community along with MightyBytes, c|change, Flowers for Dreams, Lime Red, Story Studio, and many more. We hope to inspire others to become part of this extraordinary movement.
What’s the difference between a Certified B Corp and a Benefit Corporation?
As I started our certification process, I kept hearing the terms “B Corp”, “Benefit Corporation”, “B Lab”, and “Certified B Corp.” What the what? They all sound alike to me, but they’re not. I’m going to do my best to break it down for you:
- B Corp: A shorter name for a Benefit Corporation as well as a Certified B Corp. They are used interchangeably whether they were meant to or not.
- Benefit Corporation: There is a piece of legislation that states that a company can file as a benefit corporation instead of say an LLC or an S-Corp. You operate your company in the same manner that you have in the past, except with “higher standards of corporate purpose, accountability, and transparency.” Benefit Corporations do not have to be a Certified B Corp and vice versa. It’s basically a simpler version of a Certified B Corp. Side note: Illinois just passed this piece of legislation on January 2, 2013.
- Certified B Corp: A Certified B Corp has to go through an assessment process that includes 5 areas: Governance, Employees, Suppliers, Environment, and Communities. The certification acknowledges that your company has met a high standard of overall social and environmental performance. A Certified B Corp does not have to file as a Benefit Corporation.
- B Lab: B Lab is the nonprofit organization that works with your company to complete the assessment process. I must say, they are the kindest, most helpful people with whom to work. It was a lengthy and sometimes tedious process, but they stick with you every step of the way. Kudos to you, B Labbers!
If you have any questions about becoming a Certified B Corp, leave us a comment below!