Technological Critical Software received B Corp certification, joining a group of companies that are transforming the way they do business looking for a purpose and not just profit.
B Corp, which is part of the non-profit organization B Lab, are for-profit companies that use their capabilities to build a “more inclusive and sustainable world,” explains the software and technology company in a statement.
The Portuguese company obtained this certification for meeting “demanding standards” of sustainability in five key areas (management, employees, community, environment and customers), as can be seen in the published note. Critical Software joins more than 4,000 companies worldwide with this certification, including brands such as Ben & Jerry’s, Danone and WeTransfer. They are in 74 countries and 150 different industries that reflect what is already referred to as a “global movement” that uses business as a force for good.
“We have long believed that business should be more than profit. At Critical, we want to help make the world a better and safer place. For this, we are aware of the impact we can have on communities and the environment around us. Achieving B Corporation certification is recognition of our intentions”, adds the company.
Critical Software has prioritized themes such as diversity, equality, poverty, community inclusion, quality education, employment opportunities and environmental management. Being a B Corp implies a current and future commitment to these principles.
B Corporation certification requires companies to put into practice what they stand for. In this sense, Critical Software’s working conditions, environmental performance, the way in which business was conducted and how local communities are supported, for example, were evaluated.
Companies must achieve a score of 80 points or more to obtain B Corporation certification. The company achieved a score of 93.2. The assessment is available here.