Editor’s Note Welcome to the latest edition of the B Market Builder SEA’s newsletter. We are delighted to have you join us in this dedicated space, designed specifically for the dynamic ASEAN B Corp community. We are together in the global movement of making a meaningful impact and leveraging Business as a Force for Good®. In this May edition, we welcome our newest ASEAN Certified B Corp, Xurya Daya that specializes in rooftop solar solutions and is a pioneer of zero initial cost in Indonesia. We are thrilled about the participation of one of our Certified B Corps at the Philanthropy Asia Summit 2024 and lets get to know closer of how Palo IT “Walk the Talk” in guiding organizations in harnessing technology as a force for positive change. We bring the latest insights from B Lab Global – excited to share B Lab Global Annual Report 2023! Also learn about European consumers’ expectations of businesses, discover innovative changes to B Corporation Certification standards, and unravel the complexities of scaling impact while maintaining authenticity. Join us at the forefront of sustainable business practices and strategic evolution. Sincerely, Editor in Chief B Corp Spotlight: Meet Our Newly Certified B Corps We are excited to introduce and welcome Xurya Daya Indonesia, the latest B Corp SEA family addition. Xurya Daya Indonesia Founded in 2018, Xurya Daya specializes in rooftop solar solutions, offering no-down-payment rentals and comprehensive services. Trusted by local and multinational brands, Xurya’s widespread presence across Indonesia delivers clean energy while creating green jobs. Meet the B Corp Upcoming Event Combating Plastic Waste: A Deeper Look into Aqua’s Strategy – Webinar Aqua, one of the biggest bottled water brands, encountered unique challenges in managing its plastic waste. Join us in the final quarter of May for an enlightening webinar featuring Danone Aqua, a Certified B Corporation since 2018, where they will share valuable insights about plastic waste management. Stay tuned for the latest updates on this event. What’s up in ASEAN? 1. Inaugural Amplifier Mentees at Philanthropy Asia Summit 2024 The Philanthropy Asia Alliance (PAA) and the Centre for Impact Investing and Practices (CIIP) introduced the inaugural cohort of Amplifier mentees at the Philanthropy Asia Summit 2024. We are proud to inform that one of the selected five ventures is our own Mycotech, an Indonesian Certified B Corporations that uses mycelium, the network of fibers formed by fungi, to create sustainable materials such as leather, board, and composite. The Amplifier program, spanning 12 months, adopts a holistic approach, providing mentorship, funding, and resources to scale these ventures across Asia. With a focus on sustainable agriculture, circular business models, waste management, and emissions reduction, the cohort embodies the theme “Climate and Nature.” Read More 2. Prof. Christopher Marquis’s visit to Saitex International Dong Nai (Vn) Co., Ltd Christopher Marquis, a Cambridge professor, author, and ESG Business Institute Board member, visited Saitex International Dong Nai (Vn) Ltd.’s production facilities in Ho Chi Minh City, Vietnam. One of Vietnam’s three B Corps, the company stands out as a beacon of responsible apparel production. Their commitment to sustainability is evident, from sludge-powered steam generation to solar panels and inclusive hiring practices, challenging the fashion industry’s environmental impact. Read More 3. PAPER & PAGE PAPER & PAGE is committed to transforming the global economy to benefit all people, communities, and the planet. In the 🌏 B Corp Spotlight 🔦 series, they talk to other Certified B Corporations that are changing the rules of the game here in Southeast Asia. This time they spoke to Frederic Bernaroyat, Managing Director and Patchareeboon Sakulpitakphon, Sustainability & Impact Lead of PALO IT Thailand. Read More What’s up in B Lab Global? 1. B Lab Global Launches 2023 Annual Report From doubling our community size to refining our standards and mobilizing for collective action, B Lab’s 2023 Global Annual Report celebrates the progress made in shaping an inclusive and regenerative economic future. Read More 2. Insights From the 2023 Brand Awareness Study: What do Europeans Expect from Businesses? The 2023 Brand Awareness Study by B Lab Europe reveals significant insights into consumer behavior and attitudes toward sustainability and B Corp certifications in Europe. With over 11,000 participants across eleven European countries, the study highlights the growing influence of sustainability on purchasing decisions and the strong support for responsible business values. The study also underscores the importance of visual sustainability labels and the need for businesses to align with B Corp values to stay relevant. Read More 3. Evolution Through Innovation: A New Way to Define Company Size The B Lab Standards Management Team introduces an innovative approach to defining company size for the evolving B Corporation Certification standards. Proposing to consider both the number of workers and revenue, the new method addresses the impact of outsourcing and automation, aiming for more accurate size assessments. Explore the significance of these changes and their implications for B Corps. Read More 4. The Paradox of Growing as a Values-Driven Company Market alternative movements prioritize social responsibility as a core principle. However, they encounter a paradoxical challenge as they gain momentum: whether to include larger incumbents and risk diluting their values or to exclude them and thereby limit their impact. The B Corp movement navigates this tension by balancing expansion with purity, ensuring growth without compromising values. Through strategies like flexible standards, easing identity transitions, and embracing diverse perspectives, B Lab maintains authenticity while scaling impact. Read More Have stories to share or questions ask? Why, yes feel free to email us directly at yudhi@bcorpsea.org Click here to unsubscribe Copyright 2024 B Market Builder Southeast Asia Linkedin Globe-europe
B Lab Global Launches 2023 Annual Report
From doubling our community size to refining our standards and mobilizing for collective action, B Lab’s 2023 Global Annual Report celebrates the progress made in shaping an inclusive and regenerative economic future. Read More
2024 APAC Champions Retreat (Taiwan)
May 3 2024 APAC B Corp
Penang, Malaysia : More than 1.3 million trees were planted throughout Penang in conjunction with Earth Day
April 30, 2024 The “Planting One Million Trees Within a Day” event was organized by the Penang Governor’s Charity Foundation (Yayasan Amal Tuan Yang Terutama Yang di-Pertua Negri Pulau Pinang) in collaboration with the Office of State Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu. Penang Hill Corporation and The Habitat Penang Hill, a Certified B Corporation also took part in the program, in which it planted over 6,000 indigenous trees of various species in the Penang Hill Biosphere Reserve. The remarkable feat will be submitted to the Malaysia Book of Records. Foundation chief executive officer Datuk Seri Rozali Mohamud said the goal in doing so is to safeguard and preserve the state’s biodiversity while also working to reduce the effects of climate change. For more information, please visit below linkshttps://lnkd.in/dGhKDVhMhttps://lnkd.in/dFUyq-Xmhttps://lnkd.in/d24AGBjUhttps://lnkd.in/dtHGr-7khttps://lnkd.in/gJSGDSmC
Building a Better Future Together – Catalyzing the ASEAN B Corp Movement
March 6, 2024 12:20P M
Inaugural Amplifier Mentees at Philanthropy Asia Summit 2024
Celebrating Sustainability: Stories of Social and Environmental Impact from Southeast Asia’s Latest B Corps
A B We are thrilled to welcome a diverse array of businesses that have recently achieved B Corp certification, each embodying a steadfast commitment to sustainability and social responsibility. These companies from various industries and regions have demonstrated exemplary dedication to making a positive impact on their communities and our planet. By setting a new standard for ethical business practices, their collective focus on minimizing environmental footprints, promoting equitable economies, and fostering community engagement is truly inspiring. With their B Corp certifications, these companies signal a shift towards a more sustainable and inclusive future. By prioritizing purpose over profit, they are not only driving positive change within their organizations but also inspiring others to follow suit. Join us in welcoming them to the ranks of B Corps in Southeast Asia. Danone Specialized Nutrition Cambodia November 2023 Danone Specialized Nutrition Cambodia, a subsidiary of Europe’s leading nutrition company, received its B Corp certification in November 2023. The certification reflects the company’s commitment to social responsibility, environmental sustainability, transparency, and accountability. As the first Cambodia-based FMCG brand to achieve B Corp certification, Danone Specialized Nutrition Cambodia sets a pioneering example. With this milestone, the company aspires to inspire other local businesses, urging them to leverage their influence in addressing societal and environmental challenges. Country Manager, Maarten Van Leeuwen, expressed profound pride in the prestigious recognition, stating, “This achievement stands as a testament to our unwavering dedication to responsible practices that serve the betterment of our nation and communities. It reinforces our pledge to our consumers and employees to utilize our business for the greater good. Our ethos at Danone Specialized Nutrition Cambodia is deeply rooted in contributing to societal and community well-being. This commitment remains at the core as we prioritize the welfare of our employees, consumers, and the broader communities we serve.” Danone India Danone India, one of the leading health and nutrition companies in India, joined the ranks of B Corps in December 2023. The B Corp certification is a testament to Danone India’s unwavering commitment to ethical practices, sustainability, and community engagement. Danone India’s journey toward B Corp certification underscores its longstanding commitment to fostering positive societal impact. The company’s commitment extends beyond certification, as evidenced by its initiatives such as the zero-water discharge facility at the Danone factory in Lalru and its ambitious target to achieve 100% reusable, recyclable, and compostable packaging by 2030. Moreover, Danone India’s robust corporate social responsibility (CSR) programs, including providing safe drinking water through community water centers and health camps targeting maternal and child health and iron deficiency anemia, underscore its dedication to societal well-being. These initiatives not only reflect Danone India’s steadfast commitment to sustainability and ethical practices but also reaffirm its role as a leader in driving meaningful change within the Indian business landscape. Danone Specialized Nutrition Malaysia & Singapore December 2023 Danone Malaysia and Singapore received the B Corp recognition in December 2023. Its country manager, Koh Kok Meng, emphasized that achieving B Corporation certification signals their commitment to environmental and community impact. Initiating the B Corporation certification process marked a collective effort by the team to prioritize organizational responsibility. In a recent statement, he expressed pride in Danone’s B Corporation status as a badge of honor. Danone underwent a thorough review of its environmental and social practices to attain this certification. To maintain high standards, recertification every three years ensures accountability and updated impact assessments. Danone Malaysia and Singapore are among the 50 purpose-led businesses meeting verified standards for social and environmental performance. They advocate for addressing iron deficiency anemia (IDA) in Malaysian children. As a specialized nutrition company, they prioritize transparency and accountability. PT DCI INDONESIA TBK January 2024 DCI Indonesia becomes the first data center colocation company in Asia to achieve the B Corp certification. As a B Corp, DCI joins the global community of businesses that meet high standards of social and environmental impact. DCI demonstrates environmental leadership with Indonesia’s inaugural solar-powered data center and Southeast Asia’s first Tier IV Gold certification for Operational Sustainability. Additionally, the company maintains environmental integrity through rigorous greenhouse gas monitoring, efficient management systems, and thorough supply chain audits. DCI prioritizes social responsibility alongside environmental stewardship, with initiatives such as local hiring, diverse leadership, and empowering women in key roles. Their annual CSR program encompasses activities like house building, tree plantings, and book donations, fostering community engagement and sustainable development. Moreover, employee welfare is a key priority of DCI, evidenced by its comprehensive healthcare, benefits, and safety programs. The company’s non-discrimination and empowerment policies have nurtured an inclusive and supportive workplace. Anatman Pictures February 2024 Anatman Pictures was founded by Mahatma Putra and Natasha May in 2013. The name “Anatman” was inspired by Buddhist philosophy and refers to the notion of “no-self” or the illusion of ‘self’. The company received its B Corp certification in February 2024. Anatman Pictures is a Production House that has evolved into a Creative House — a one-stop studio for AV Production, Concept Development, Production, and Post-Production, telling meaningful stories with a selfless soul. What sets Anatman Pictures apart is its commitment to sustainability. It is the first production house in Southeast Asia to be included among Certified B Corporation businesses that are leading a global movement for an inclusive, equitable, and regenerative economy. With this commitment, Anatman Pictures upholds the principle of a minimal carbon footprint in all its endeavors and actively prompts local communities to champion environmental awareness through video productions and films. KMC February 2024 KMC specializes in building offshore teams for the world’s fastest-growing businesses through end-to-end employer of record services that encompass recruitment, HR and payroll, compliance, and office space solutions. Boasting the largest flexible office space footprint in the Philippines, and with operations in Australia and the USA, KMC facilitates seamless expansion and operational efficiency for companies seeking to leverage the benefits of offshore staffing. By offering integrated services, KMC ensures that businesses can rapidly scale their teams in compliance with local regulations, all within conducive work environments that
Celebrating Sustainability: Stories of Social and Environmental Impact from Southeast Asia’s Latest B Corps
Welcome to the B Corp Community We are thrilled to welcome a diverse array of businesses that have recently achieved B Corp certification, each embodying a steadfast commitment to sustainability and social responsibility. These companies from various industries and regions have demonstrated exemplary dedication to making a positive impact on their communities and our planet. By setting a new standard for ethical business practices, their collective focus on minimizing environmental footprints, promoting equitable economies, and fostering community engagement is truly inspiring. With their B Corp certifications, these companies signal a shift towards a more sustainable and inclusive future. By prioritizing purpose over profit, they are not only driving positive change within their organizations but also inspiring others to follow suit. Join us in welcoming them to the ranks of B Corps in Southeast Asia. Danone Specialized Nutrition Cambodia November 2023 Danone Specialized Nutrition Cambodia, a subsidiary of Europe’s leading nutrition company, received its B Corp certification in November 2023. The certification reflects the company’s commitment to social responsibility, environmental sustainability, transparency, and accountability. As the first Cambodia-based FMCG brand to achieve B Corp certification, Danone Specialized Nutrition Cambodia sets a pioneering example. With this milestone, the company aspires to inspire other local businesses, urging them to leverage their influence in addressing societal and environmental challenges. Country Manager, Maarten Van Leeuwen, expressed profound pride in the prestigious recognition, stating, “This achievement stands as a testament to our unwavering dedication to responsible practices that serve the betterment of our nation and communities. It reinforces our pledge to our consumers and employees to utilize our business for the greater good. Our ethos at Danone Specialized Nutrition Cambodia is deeply rooted in contributing to societal and community well-being. This commitment remains at the core as we prioritize the welfare of our employees, consumers, and the broader communities we serve.” Danone India Danone India, one of the leading health and nutrition companies in India, joined the ranks of B Corps in December 2023. The B Corp certification is a testament to Danone India’s unwavering commitment to ethical practices, sustainability, and community engagement. Danone India’s journey toward B Corp certification underscores its longstanding commitment to fostering positive societal impact. The company’s commitment extends beyond certification, as evidenced by its initiatives such as the zero-water discharge facility at the Danone factory in Lalru and its ambitious target to achieve 100% reusable, recyclable, and compostable packaging by 2030. Moreover, Danone India’s robust corporate social responsibility (CSR) programs, including providing safe drinking water through community water centers and health camps targeting maternal and child health and iron deficiency anemia, underscore its dedication to societal well-being. These initiatives not only reflect Danone India’s steadfast commitment to sustainability and ethical practices but also reaffirm its role as a leader in driving meaningful change within the Indian business landscape. Danone Specialized Nutrition Malaysia & Singapore December 2023 Danone Malaysia and Singapore received the B Corp recognition in December 2023. Its country manager, Koh Kok Meng, emphasized that achieving B Corporation certification signals their commitment to environmental and community impact. Initiating the B Corporation certification process marked a collective effort by the team to prioritize organizational responsibility. In a recent statement, he expressed pride in Danone’s B Corporation status as a badge of honor. Danone underwent a thorough review of its environmental and social practices to attain this certification. To maintain high standards, recertification every three years ensures accountability and updated impact assessments. Danone Malaysia and Singapore are among the 50 purpose-led businesses meeting verified standards for social and environmental performance. They advocate for addressing iron deficiency anemia (IDA) in Malaysian children. As a specialized nutrition company, they prioritize transparency and accountability. PT DCI INDONESIA TBK January 2024 DCI Indonesia becomes the first data center colocation company in Asia to achieve the B Corp certification. As a B Corp, DCI joins the global community of businesses that meet high standards of social and environmental impact. DCI demonstrates environmental leadership with Indonesia’s inaugural solar-powered data center and Southeast Asia’s first Tier IV Gold certification for Operational Sustainability. Additionally, the company maintains environmental integrity through rigorous greenhouse gas monitoring, efficient management systems, and thorough supply chain audits. DCI prioritizes social responsibility alongside environmental stewardship, with initiatives such as local hiring, diverse leadership, and empowering women in key roles. Their annual CSR program encompasses activities like house building, tree plantings, and book donations, fostering community engagement and sustainable development. Moreover, employee welfare is a key priority of DCI, evidenced by its comprehensive healthcare, benefits, and safety programs. The company’s non-discrimination and empowerment policies have nurtured an inclusive and supportive workplace. Anatman Pictures February 2024 Anatman Pictures was founded by Mahatma Putra and Natasha May in 2013. The name “Anatman” was inspired by Buddhist philosophy and refers to the notion of “no-self” or the illusion of ‘self’. The company received its B Corp certification in February 2024. Anatman Pictures is a Production House that has evolved into a Creative House — a one-stop studio for AV Production, Concept Development, Production, and Post-Production, telling meaningful stories with a selfless soul. What sets Anatman Pictures apart is its commitment to sustainability. It is the first production house in Southeast Asia to be included among Certified B Corporation businesses that are leading a global movement for an inclusive, equitable, and regenerative economy. With this commitment, Anatman Pictures upholds the principle of a minimal carbon footprint in all its endeavors and actively prompts local communities to champion environmental awareness through video productions and films. KMC February 2024 KMC specializes in building offshore teams for the world’s fastest-growing businesses through end-to-end employer of record services that encompass recruitment, HR and payroll, compliance, and office space solutions. Boasting the largest flexible office space footprint in the Philippines, and with operations in Australia and the USA, KMC facilitates seamless expansion and operational efficiency for companies seeking to leverage the benefits of offshore staffing. By offering integrated services, KMC ensures that businesses can rapidly scale their teams in compliance with local regulations, all within
Apr 2024 Edition
Celebrating Sustainability: Stories of Social and Environmental Impact from Southeast Asia’s Latest B Corps
We are thrilled to welcome a diverse array of businesses that have recently achieved B Corp certification, each embodying a steadfast commitment to sustainability and social responsibility. These companies from various industries and regions have demonstrated exemplary dedication to making a positive impact on their communities and our planet. By setting a new standard for ethical business practices, their collective focus on minimizing environmental footprints, promoting equitable economies, and fostering community engagement is truly inspiring. With their B Corp certifications, these companies signal a shift towards a more sustainable and inclusive future. By prioritizing purpose over profit, they are not only driving positive change within their organizations but also inspiring others to follow suit. Join us in welcoming them to the ranks of B Corps in Southeast Asia. Danone Specialized Nutrition Cambodia November 2023 Danone Specialized Nutrition Cambodia, a subsidiary of Europe’s leading nutrition company, received its B Corp certification in November 2023. The certification reflects the company’s commitment to social responsibility, environmental sustainability, transparency, and accountability. As the first Cambodia-based FMCG brand to achieve B Corp certification, Danone Specialized Nutrition Cambodia sets a pioneering example. With this milestone, the company aspires to inspire other local businesses, urging them to leverage their influence in addressing societal and environmental challenges. Country Manager, Maarten Van Leeuwen, expressed profound pride in the prestigious recognition, stating, “This achievement stands as a testament to our unwavering dedication to responsible practices that serve the betterment of our nation and communities. It reinforces our pledge to our consumers and employees to utilize our business for the greater good. Our ethos at Danone Specialized Nutrition Cambodia is deeply rooted in contributing to societal and community well-being. This commitment remains at the core as we prioritize the welfare of our employees, consumers, and the broader communities we serve.” Danone India Danone India, one of the leading health and nutrition companies in India, joined the ranks of B Corps in December 2023. The B Corp certification is a testament to Danone India’s unwavering commitment to ethical practices, sustainability, and community engagement. Danone India’s journey toward B Corp certification underscores its longstanding commitment to fostering positive societal impact. The company’s commitment extends beyond certification, as evidenced by its initiatives such as the zero-water discharge facility at the Danone factory in Lalru and its ambitious target to achieve 100% reusable, recyclable, and compostable packaging by 2030. Moreover, Danone India’s robust corporate social responsibility (CSR) programs, including providing safe drinking water through community water centers and health camps targeting maternal and child health and iron deficiency anemia, underscore its dedication to societal well-being. These initiatives not only reflect Danone India’s steadfast commitment to sustainability and ethical practices but also reaffirm its role as a leader in driving meaningful change within the Indian business landscape. Danone Specialized Nutrition Malaysia & Singapore December 2023 Danone Malaysia and Singapore received the B Corp recognition in December 2023. Its country manager, Koh Kok Meng, emphasized that achieving B Corporation certification signals their commitment to environmental and community impact. Initiating the B Corporation certification process marked a collective effort by the team to prioritize organizational responsibility. In a recent statement, he expressed pride in Danone’s B Corporation status as a badge of honor. Danone underwent a thorough review of its environmental and social practices to attain this certification. To maintain high standards, recertification every three years ensures accountability and updated impact assessments. Danone Malaysia and Singapore are among the 50 purpose-led businesses meeting verified standards for social and environmental performance. They advocate for addressing iron deficiency anemia (IDA) in Malaysian children. As a specialized nutrition company, they prioritize transparency and accountability. PT DCI INDONESIA TBK January 2024 DCI Indonesia becomes the first data center colocation company in Asia to achieve the B Corp certification. As a B Corp, DCI joins the global community of businesses that meet high standards of social and environmental impact. DCI demonstrates environmental leadership with Indonesia’s inaugural solar-powered data center and Southeast Asia’s first Tier IV Gold certification for Operational Sustainability. Additionally, the company maintains environmental integrity through rigorous greenhouse gas monitoring, efficient management systems, and thorough supply chain audits. DCI prioritizes social responsibility alongside environmental stewardship, with initiatives such as local hiring, diverse leadership, and empowering women in key roles. Their annual CSR program encompasses activities like house building, tree plantings, and book donations, fostering community engagement and sustainable development. Moreover, employee welfare is a key priority of DCI, evidenced by its comprehensive healthcare, benefits, and safety programs. The company’s non-discrimination and empowerment policies have nurtured an inclusive and supportive workplace. Anatman Pictures February 2024 Anatman Pictures was founded by Mahatma Putra and Natasha May in 2013. The name “Anatman” was inspired by Buddhist philosophy and refers to the notion of “no-self” or the illusion of ‘self’. The company received its B Corp certification in February 2024. Anatman Pictures is a Production House that has evolved into a Creative House — a one-stop studio for AV Production, Concept Development, Production, and Post-Production, telling meaningful stories with a selfless soul. What sets Anatman Pictures apart is its commitment to sustainability. It is the first production house in Southeast Asia to be included among Certified B Corporation businesses that are leading a global movement for an inclusive, equitable, and regenerative economy. With this commitment, Anatman Pictures upholds the principle of a minimal carbon footprint in all its endeavors and actively prompts local communities to champion environmental awareness through video productions and films. KMC February 2024 KMC specializes in building offshore teams for the world’s fastest-growing businesses through end-to-end employer of record services that encompass recruitment, HR and payroll, compliance, and office space solutions. Boasting the largest flexible office space footprint in the Philippines, and with operations in Australia and the USA, KMC facilitates seamless expansion and operational efficiency for companies seeking to leverage the benefits of offshore staffing. By offering integrated services, KMC ensures that businesses can rapidly scale their teams in compliance with local regulations, all within conducive work environments that foster growth