That's right. 3P Partners, operators of PIPs Rewards, is proud to be a Certified B Corp and this year to be pn B Corp's Best For the World: Governance list and its Best for the World: Community list. The Community section measures the company’s practices and policies around community service and charitable giving, including whether a company’s product or service is designed to solve a social issue, such as access to basic services, health, education, economic opportunity and the arts. The Governance section evaluates a company’s overall mission, ethics, accountability and transparency. It measures whether the company has adopted a social or environmental mission, and how it engages its employees, board members and the community to achieve that mission.
"We were excited to undertake the B Corp Assessment and to be Certified as a B Corp," says Wendy Gordon, co-founder and CEO. "Though we are incorporated as a benefit corporation in the State of New York," she continued, "we zealously pursued B Corp Certification because we believe strongly in third-party certifications as the best way to communicate meaningful social attributes to our partners and customers."
B Corporations are a new kind of company that uses the power of business to solve social and environmental problems. "Think of it this way," an NPR report explains: "USDA certifies organic foods, and Good Housekeeping puts its seal of approval on quality products, like washing machines and skillets. Since 2006, a nonprofit organization called B Lab has been certifying corporations it deems to be concerned about their communities and the environment."
There are over 1,000 Certified B Corporations from more than 60 industries in 34 countries with 1 unifying goal: to redefine success in business. B Corps are important because they inspire all businesses to compete not only to be the best in the world, but to be the best for the world.
Certified B Corporations must meet higher standards of social and environmental performance, transparency, and accountability than traditional corporations. Fundamentally, PIPs is a tracking app, with verifiable actions, measurable impacts, and open data underpinning everything we do. That's the triple bottom line with PIPs Rewards - mindful choices, purposeful points, a better world. It's a proud day for us all: We are a Certified B Corp.
3P Partners most recent B Corp Assessment can be found here, https://pipsrewards.com/bcorpassessment