Spring & Impact

Spring is a Certified B Corp™

Our mission of making impact entrepreneurship mainstream is in line with the B-Corporation mandate of redefining successful businesses and inspiring organisations to not only be the best in but for the world. Thus in September 2017, we became a Certified B Corporation®. There are over 2,650 Certified B Corporations from more than 150 industries in 60+ countries.

Spring was certified by the non-profit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. We’ve evaluated how our practices impact our employees, our community, the environment, and our customers. To learn more about our certification, check out our B Corp profile.

Our Impact Report

In September 2018, we released our inaugural impact report, outlining our approach on impact measurement for us an organisation and how we articulate the impact of the ventures we support.

For our internal impact as an organisation, we highlight our certification as a B Corporation® and B Impact Score of 94, which we achieved in 2017. Being a Certified B Corp™ is essentially the business equivalent of Fairtrade and Organic products, showing how we adopt successful and sustainable business practices.

UN Sustainable Development Goals

We also aligned with the UN Sustainable Development Goals (SDG’s) that are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. We primarily contribute towards SDG4: Quality Education, and then towards SDG10: Reduced Inequality, SDG8: Decent Work and Economic Growth.

For the companies we support, we further built on the UN SDG framework and developed our Impact Theme Framework, by canvassing out 75 Impact Themes. This helped us capture the spectrum of impact areas undertaken by our community. The chart below shows the SDG scope of our current portfolio of roundtable companies. In general, each of the companies in our roundtables are supporting at least 2 or more of the SDGs.