Kentucky
has first B Corporation
Gone are the days of for-profits
and not-for-profits; a new year is here. And with it comes
a new business formation: the B Corp.
So what's a B Corp? Officially, B Corporations
are a new type of corporation which uses the power of business
to solve social and environmental problems. Unofficially,
it's a for-profit company that puts people before profits.
And Kentucky now has its first.
Located in Louisville's NuLu District, In Every
Language is the latest business to receive B Corp certification
and the first in the Commonwealth. The company is also the
first translating and interpreting provider to be added to
the B Corp list, joining well-known brands such as Dansko,
Seventh Generation, King Arthur Flour, and Numi Organic Tea.
"At our core, we help people." This
is how the In Every Language mission statement begins. This
mission of putting community first is part of why In Every
Language was the perfect certification candidate. In addition,
the medical interpreting services In Every Language offers
provide limited-English speakers with intrinsic, medical benefits
by helping them to better understand their care. The company
also contracts with low-income refugees and immigrants in
the area, providing many under-employed individuals with opportunities
for economic self-sustainability. And by contracting with
female translators and interpreters originally from more oppressive
cultures, the company also gives many of these women their
first opportunity to work outside the home.
In order to qualify for certification, businesses
must score a total of 80 in the following areas: community
leadership, community involvement, employment policies, consumer
involvement, & environmental policy. In Every Language's
score was 127.4, one of the higher scores that Hardik Savalia
with B Lab, the B Corporation certifying body, says an applicant
company has ever had.
For more information on B Corps, please visit
bcorporation.net/about.
For more information about In Every Language,
please visit ineverylanguage.com.
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