NEWS & MEDIA
Imajine That to Celebrate Being 35th Company in Massachusetts to
Receive B Corporation Certification
January 20, 2016
LAWRENCE, MA - Imajine That has just been named one of a handful of Massachusetts companies to earn the prestigious B Corp Certification. This designation is awarded to companies which use the power of business to solve social and environmental problems, and meet the higher standards of social and environmental performance, transparency and accountability.
On Monday, Feb. 15, Imajine That will be hosting a celebration in honor of being the 35th company in Massachusetts to receive B Corp Certification. With this certification, Imajine That joins the ranks of B Corp Certified corporations in Massachusetts including Boston Organics, Teak Media and Leap Organics, to name a few.
The event will be held from 9 a.m. to noon at Imajine That located at 354 Merrimack St., at the Riverwalk in Lawrence, MA. As part of the celebration Imajine That will be donating 20 coats to children in need as part of a collaboration with Project Warm. Project Warm is in partnership with Imajine That’s collaboration with First Book, a non-profit organization whose mission is to provide disadvantaged children with new books.
The prestigious designation is awarded to companies which use the power of business to solve social and environmental problems, and meet the higher standards of social and environmental performance, transparency and accountability.
For the past 10 years, Imajine That has been committed to high standards of social and environmental performance. The truly impressive score of 163.4 is well above the average certification score of 95.
“Being part of the B Corp Certified family is such an honor and privilege as we continue to raise social and environmental consciousness AND actions across the globe!” said Susan Leger-Ferraro CEO and Founder of Imajine That.
B Corps are for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency.
Today, there is a growing community of more than 1,400 Certified B Corps from 42 countries and more than 120 industries working together toward one unifying goal: to redefine success in business.
B Corp status, granted by B Lab, a Wayne, Pa., nonprofit, has become a badge of honor for socially and environmentally conscious businesses since 2007. Some of the bigger names to nab the certification include Ben & Jerry's, Patagonia, Etsy, Warby Parker and New Belgium Brewing. This isn't just lip service. "The companies that are becoming B Corporations are purpose-driven already," says Dermot Hikisch, B Lab's director of business development. (Entrepreneur magazine August 6, 2013)
About B Corp
Certified B Corporations must (1) meet rigorous standards of social and environmental performance; (2) legally expand their corporate responsibilities to include consideration of stakeholder interests; and (3) build collective voice through the power of the unifying B Corporation brand. As of April 2014, there are over 900 Certified B Corporations from over 60 industries, representing a diverse multi-billion marketplace.
About B Lab
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 three 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) accelerating the growth of the impact investing asset class through use of B Lab’s GIIRS impact rating system by institutional investors; and (3) promoting supportive public policies, including creation of a new corporate form and tax, procurement, and investment incentives for sustainable business.
About Imajine That
Imajine That is passionate about growing children, families and educators -- as well as the best possible ecosystems for this growth. Imajine That operates an innovative, interactive children's Museum and early childhood programs, via Imajine That University, in Lawrence. In addition, Imajine That provides extended learning after school programming to 12 classrooms in the Boston Public Schools. In December, Imajine That was named Workforce Magazine’s Optimas Gold Winner for its partnership with WGBH. In October, the Initiative for a Competitive Inner City (ICIC) and FORTUNE named Imajine That to the 2015 Inner City 100, a list of the fastest-growing inner city businesses in the United States, ranking the company 36th.