Savenia Labs Becomes First Bethesda-Based Certified B Corporation
Savenia Labs has become the first Bethesda-based Certified B (Benefit) Corporation, joining the community of companies that meet higher standards of social and environmental performance, transparency, and accountability. B Lab (www.bcorporation.net), a non-profit national certifying organization recognized by the State of MD has certified Savenia Labs’ public benefit status after conducting a rigorous audit of our business processes and practices.
By helping individuals and businesses learn more about the energy usage of household products before they buy, we’re helping them save money. We’re also helping them save energy and reduce harmful pollution. As consumers change their buying behavior, manufacturers will design more efficient products that save even more.
We’re proud to be a Certified B Corporation. In just over three years, there are already over 425 Certified B Corporations from over 50 industries, representing $2 billion in collective revenues and $6.5 billion in capital under management. The performance standards set by B Lab are comprehensive and transparent, measuring a company’s impact on its employees, suppliers, community, and the environment. Unlike traditional corporations, Certified B Corporations are legally required to consider the impact of their decisions on their employees, suppliers, community, consumers, and environment.