You may have seen this logo floating around our website and socials recently: 'Certified B Corporation'...
But what is it, and what does it mean for you?
What is a B Corp? B Corp, short for ‘Benefit Corporation’, refers to a type of for-profit company that places a strong emphasis on its social and environmental impact, in addition to generating profits. B Corps aim to balance financial success with positive contributions to society and the planet. This concept emerged as a response to traditional business models that prioritised profit above all else, often at the expense of people and the environment. Unfortunately, there are many examples of these organisations, where a single-minded focus on profits have done harm to their employees, other stakeholders and our planet.
So... what does it mean for PMLogic to be a B Corp?
As a B Corp, PMLogic has committed to meeting high standards of social and environmental performance, transparency, and accountability
This means we walk the walk everyday in proving that we are a benefits-driven, outward-looking organisation: we are legally structured to consider the interests of not only shareholders but also other stakeholders, including employees, communities, and the environment
PMLogic has undergone a rigorous assessment by an independent organization called B Lab to verify our commitment to social and environmental goals, the results of which are available on the B Corp site for all to see. Check us out here!
Why is sustainability important?
Sustainability refers to the responsible use of resources and practices that aim to meet present needs without compromising the ability of future generations to meet their own needs.
Focusing on sustainability is crucial because it addresses pressing global issues such as climate change, resource depletion, and social inequalities.
Sustainable business practices can lead to cost savings, brand loyalty, and a competitive advantage in the market, making them increasingly important for long-term business success.
As a Certified B Corp, how can PMLogic better support our customer needs?
PMLogic prioritises quality, ethical sourcing, and transparency in our products and services. This benefits customers who value these aspects.
We offer services that are environmentally friendly, socially responsible, or produced using fair labour practices. We find this is appealing to customers with sustainability and ethical concerns.
We have written books and supported the development of frameworks and methods such as the most practiced project management method PRINCE2® 7 by embedding sustainability as core elements.
We help all our customers learn and use methods, frameworks and books to improve their sustainability practices.
PMLogic’s team frequently engage with local communities, we volunteer to support professional associations such as the Australian Institute of Project Management (AIPM) and not-for-profit organisations such as The Smith Family.
We support charitable initiatives such as planting trees to ensure we are carbon neutral and education services at School for Life, fostering positive brand perception and customer trust.
The rigorous B Corp certification process ensures that PMLogic as a B Corp maintains a consistent commitment to these values, assuring our customers of our genuine dedication to sustainability and social responsibility.
In conclusion, PMLogic is a business that integrates social and environmental goals into our core operations. Our focus on sustainability is crucial in addressing global challenges and can better support customer needs compared to non-B Corp companies by providing products and services with a strong emphasis on ethics, quality, and sustainability. Customers who value these principles can feel confident that the PMLogic team are genuinely committed to making a positive impact on society and the environment.