Today, Farmland LP was recognized for creating the most positive overall community impact by B the Change Media based on an independent, comprehensive assessment administered by the independent nonprofit B Lab. Honorees are featured in the upcoming fall issue of B Magazine and on B the Change’s digital platform, bthechange.com. We will also be honored at the first-annual Best for the World Celebration & Awards Ceremony tonight at the University of California, Berkeley’s Haas Business School.
Farmland LP is honored in the Best for the World list, which includes businesses that earned scores in the top 10 percent of more than 1,800 Certified B Corporations across all categories on the B Impact Assessment. The full assessment measures a company’s impact on its workers, community, customers and the environment. The 140 winning companies in the Overall category come from 15 industries and 17 countries.
The full B Impact Assessment evaluates a company’s environmental performance through its facilities, materials, emissions, resource and energy use, and more. It assesses employee relationships in forms such as compensation, benefits, training and ownership opportunities. Community scores are given by looking at supplier relations, diversity, involvement in the local community, and other product or service-related impact points. Customer performance is assessed based on the impact a company’s product or service has on those it serves. Honorees scoring in the top 10 percent of all categories set a gold standard for the high impact that business as a force for good can make in many disciplines around the world.