#209 - Breaking Down Sustainable Business Practices

The Social Entrepreneurship & Innovation Podcast

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2y ago 13:40

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What makes a sustainable business actually sustainable? There are many ways that a business can make an impact with seemingly standard business operations, and today we're breaking down the practices involved in this by leaning on an excellent impact analysis tool: the B Impact Assessment (BIA).

While the BIA process is extensive and rigorous, the results show major differentiators between those who are truly sustainable businesses and those who are not. Today we jump straight in with a quick explanation of how a company can use this to measure its impact on its workers, community, environment, and customer, with the aim of ultimately joining the Certified B Corporation community.

Hear about the two levels of sustainable business practices before we dive into the four impact areas of governance, community, environment, and customers.

From transparency, civic engagement, and community partnership to energy and water usage, carbon footprints, and financials (and a whole lot more), this episode covers all the basics of how this assessment aids the progress of a business along the path to truly being a force for good.

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