Kilmarnock Enterprises Becomes World’s First Charity B Corp
TUESDAY JUNE 18, 2019 – Kilmarnock
Enterprises has become the world's first charity to certify
as a B Corporation.
The ‘Impact Enterprise’ has been in the business of changing attitudes for over sixty years, and now they are changing global regulations.
B Lab’s recognition is a huge deal, not just for the Christchurch based organisation, but for all charities. Until now, non-profits were unable to register for certification.
“It is incredibly humbling to be
the first charity in the world to certify,” says Michelle
Sharp, CEO of Kilmarnock Enterprises.
“Not only
is it a great outcome for us, but we are also paving the way
for other impact enterprises to become part of the B Corp
family. It separates the ‘them and us’ culture of
not-for-profits and businesses. Ultimately, it shouldn’t
matter if you are a ‘for profit’ or
‘not-for-profit’; it’s doing good that
matters.”
Certified B Corps are a new form of business that seeks to balance purpose and profit. Rather than solely focusing on profit maximisation, they consider the impact of their operations on their workers, customers, suppliers, community, and the environment.
B Corp certification is
issued via B Lab, a non-profit organisation with regional
hubs based across the globe.
This third party standard
requires companies to meet higher verified levels of social
and environmental performance standards, as well as higher
levels of transparency and accountability to all
stakeholders.
“Kilmarnock and Michelle have created this
hybrid-type organisation, that thinks and feels like a
charity but behaves likes a business,” says Tim Jones,
B Corp Ambassador and Founder of Grow
Good.
“They are proof that making money does not
have to negatively impact your ability to do good.”
As
well as empowering adults with a range of abilities to
unlock their full potential, Kilmarnock now offers a range
of services including refurbishing, processing, electronic
waste recycling, and much more.
They are passionate about
making a positive impact, and use enterprise as a tool to
balance their mission, whilst achieving incredible results
in a highly competitive commercial market.
Beyond their
social impact, sustainability is integrated across the whole
organisation, as they align their long term strategic goals
against the United Nations Sustainable Development Goals.
Kilmarnock undertakes numerous work projects in the waste
management sector, including an award winning project with
the Gough Group that diverts more than one million
containers every year from landfill.