New Avenue Honored as ‘Best for the World’ for Creating Most Overall Positive Social and Environmental Impact
Recognized with 66 Other Companies Across 20 Countries and 25 Industries As Leader in Redefining Success in Business
New Avenue was recognized as a 2013 “Best for the World” honoree for our strong social and environmental impact. 67 companies worldwide were recognized by the nonprofit B Lab, with the release of the second annual ‘Best for the World’ list. The B Corp Best for the World List honors businesses that earned an overall score in the top 10% of all Certified B Corporations on the B Impact Assessment, a comprehensive assessment a company's impact on its workers, community, and the environment.
New Avenue is the leading marketplace for next generation homes. We strive to provide a streamlined solution to addressing housing shortages, underutilized or undervalued properties, social and familial isolation, and urban sprawl. The projects we have worked on include: backyard cottages, accessory dwelling units, attachments, renovations, and ADA-accessible units. Our clients have used them as their primary homes, guest houses, offices, rentals for supplementary income, and even classrooms for teaching music classes. Our integrated project delivery process makes it easy for you to clear the technical, legal, and financial hurdles you’ll face.
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Other highlighted companies include Roshan, Afghanistan's leading telecommunications provider, One Pacific Coast Bank, a pioneer triple-bottom line, community development bank, and Cooperative Home Care Associates, the nation’s largest worker-owned cooperative, providing high-quality home care services to elders and individuals living with disabilities. The ‘Best for the World’ companies come from over 25 different industries and 20 countries. 30% of honorees are based outside the US, with 13 companies operating in emerging markets.
“A company’s revenue only tells half the story. Today’s most successful businesses must also create a positive social and environmental impact,” said Jay Coen Gilbert, co-founder of B Lab, the nonprofit organization that certifies B Corporations and governs the independent third party standard used to generate the comparable assessment of corporate impact. “These companies are competing to be not only the best in the world, but the best for the world.”
Each honored company is a Certified B Corporation, a new type of company using the power of business to solve social and environmental problems. They have met rigorous standards of social and environmental performance, accountability, and transparency. Today there are over 700 certified B Corporations, across 60 industries and 25 countries, unified by the common goal to redefine success in business.
B Lab will release separate lists recognizing the companies ‘Best for the Environment’ (environmental impact), ‘Best for the Community’ (community impact), and ‘Best for Workers’ (employee impact) throughout the coming year.
B Lab is a nonprofit organization dedicated to using the power of business to solve social and environmental problems. B Lab drives systemic change through several interrelated initiatives: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and just good marketing; 2) promoting benefit corporation legislation to create a new corporate form that meets higher standards of purpose, accountability and transparency; 3) driving capital to high impact investments through use of B Lab’s GIIRS Ratings & Analytics platform; and 4) helping all companies measure what matters through use of the B Impact Assessment, B Lab's free confidential management tool for measuring a company's impact on it's workers, community, and the environment.
Check out the full list of the 2013 ‘Best for the World’ honorees here.
