Since Savenia Labs became the first Certified B Corp in Bethesda, MD, back in 2011 – the community we’ve helped grow has exploded. Now there are over 800 B Corps representing 60 industries in 27 countries. Twenty US states legally recognize B Corps– for-profit companies that exist for public benefit – putting them on an equal footing with other for-profit legal structures like LLC or C Corp. Our home state of Maryland was first to adopt this new legal structure, and recently Delaware – where 50% of all US companies are listed – has come on board.
Certified B Corporations are legally obligated to provide a public benefit, and balance the interests of stockholders with those affected by the company’s practices. As part of the rigorous recertification process, Savenia Labs underwent an extensive 3rd party audit of our environmental activities. This also covered our policies with regard to employees, community, supply chain, and the ways we reduce our environmental impacts and encourage others to do the same. Our independently audited report card, certifications and policies are always published on our website for full transparency. Click here.
As a Certified B Corp, Savenia Labs is part of a dynamic, creative, fast-growing cohort of companies that do good by doing well. We think it makes good business sense. By educating buyers and helping them save money on their energy and water bills, Savenia fosters a win-win-win: for shoppers, forward thinking businesses and the environment. We’re proud of what we’ve accomplished and want to thank everyone for the tremendous support.