Denver Business Journal reports on the successful launch of our Best for Rhode Island peers in Colorado. Read the article here, or below!
Best for Colorado initiative highlights companies that do more than just make a profit
Denver Business Journal
June 2, 2017
The premise is simple : The best companies are ones that benefit people and communities in addition to shareholders.
On June 8, an effort will formally kick off in Colorado to find the companies that best embody the principles of so-called “B” corporations — for-profit companies that put community involvement alongside financial prosperity to achieve overall benefits for society.
About 125 companies in Colorado are already participating in what’s being called the “Best for Colorado Challenge” an effort to identify, measure and highlight the ways businesses engage with their communities.
“Businesses in Colorado have an incredible power and opportunity to be an agent of change against the economic and social challenges that our workers and communities face. I am encouraged that so many businesses have already stepped up, and I urge others to join them now,” said Gov. John Hickenlooper, who will host a gathering at the governor’s mansion June 8 to kick off the effort.
The goal is to get 500 companies involved in the challenge and using a free online tool that helps businesses creating higher quality jobs, stronger communities and preserving the environment. Colorado is one of four states or cities with similar programs this year along with New York City, Philadelphia and Rhode Island.
The effort has more than 30 program sponsors including civic, university, non-profit and business networking organizations that are helping businesses define and develop efforts in these areas.
“Colorado is home to some of the most innovative, inspiring, and impactful companies in the world. And yet, we have room to grow. If even one percent of businesses in our state stepped up to do just one thing to help create good jobs and stronger communities, it would affect the future of thousands of Coloradans,” says B Lab Colorado Director Kim Coupounas.
Partners in Best for Colorado include include B Lab, the Colorado community of Certified B Corporations; Colorado Companies to Watch; Denver Metro SBDC; Metro Denver Chamber of Commerce; B: Civic; the Colorado Office of Economic Development (OEDIT); the City and County of Denver; the City of Lakewood; the City of Fort Collins; Action; Colorado Enterprise Fund; The Commons on Champa; WorkLife Partnership; and The Piton Foundation.