SAN FRANCISCO, October 9, 2013 — 3Degrees, one of the nation's leading providers of utility green pricing programs and renewable energy and carbon offset products and services, today announced that the company is being recognized by B Lab as one of The Best for the World for Worker Impact.
3Degrees shares the Best for the World honor with other market leaders around the globe that have earned in the top 10 percent among all Certified B Corporations™—a designation conferred by B Lab for companies that take into consideration the social and environmental impacts of their business operations on all stakeholders, not just shareholders.
“At 3Degrees, we’re committed to creating a work environment that attracts and retains employees who are dedicated to our mission—to connect people with renewable energy on a massive scale—and inspired by the values we demonstrate by being a B Corp,” said Steve McDougal, President of 3Degrees. “This recognition is wonderful validation that we’re on the right track.”
To be awarded the B Corporation designation, companies complete a lengthy assessment that measures its impact on its employees, suppliers, community, and the environment. A company’s positive impact on workers is measured by the extent to which it maintains a compensation and benefit structure beneficial to its employees, allows employees to have a meaningful ownership stake in the company, and fosters a positive work environment, among other indicators.