09 Aug EdventureCo achieves B Corp Certification
EdventureCo, the education platform of award-winning impact investment firm and global B Corp, Arowana, is pleased to announce that it has been certified as a B Corporation by the global network, B Lab. The designation is recognition of EdventureCo’s commitment to raising business standards and creating a positive impact on the life and livelihood of its communities through education.
As a Certified B Corp, EdventureCo joins a worldwide movement of over 5,000 for-profit companies, including Patagonia, Ben & Jerry’s, Education Perfect, Aesop, and Honest to Goodness, which uses business as a force for good.
EdventureCo is a premium provider of digital, soft, and future skills training that prepares the workforce of today for success tomorrow. The company operates six businesses – DDLS, Australian Institute of ICT, Auldhouse, ENS, Plain English Foundation and Everthought – whose training solutions enable learners to develop technical and human skills and, more importantly, unlock new opportunities for career growth in the changing world of work.
By upskilling today’s workforce, EdventureCo equips learners with competencies essential to thriving in a rapidly evolving future. The jobs of tomorrow will require talent that can quickly adapt to the complexities and disruptions of modern business. EdventureCo paves the way for organisations and individuals to stand on the forefront of change by empowering them with today’s most in-demand skills.
To become B Corp-certified, EdventureCo underwent B Lab’s B Impact Assessment (BIA), a rigorous assessment for benchmarking and enhancing a company’s impact performance in key areas such as governance, workers, community, environment, and customers. EdventureCo achieved an overall score of 88.5 points, well above the required score of 80 points for organisations seeking certification and above the average rating of 82.9 points for B Corp businesses in Australia.
Nicola Fowkes, EdventureCo’s General Manager of Operations, led the certification process and commented: “This is an important milestone for EdventureCo which confirms our business’s purpose of making a positive impact through education as well as our commitment to all stakeholders, especially our students, to deliver the skills they need for their future.”
“I am truly grateful for the work that has been done by Nicola and the EdventureCo team to reach this milestone. The B Corp certification process is not a pledge that you can simply sign up to – it is a serious, ongoing commitment. Any business that has chosen to go through the B Corp Certification process is required to dedicate significant resources and time. The BIA is a stringent and thorough assessment, and those companies that have attained certification should be proud of their commitment to strive for the triple bottom line,” said Benn Lim, Chief Operating & Impact Officer at Arowana.