In October 2019, MiaDonna became the first B Corp Certified Lab-Grown Diamond company. Certified B Corporations® (B Corps) are for-profit companies that use the power of business to build a more inclusive and sustainable economy. They meet the highest verified standards of social and environmental performance, transparency, and accountability, and are certified by the nonprofit B Lab.
So what does B Corp Certification mean?
B Corp Certification doesn’t just evaluate a product or service; it assesses the overall positive impact of the company that stands behind it. And increasingly that’s what people care most about.
Certified B Corporations achieve a minimum verified score on the B Impact Assessment—a rigorous assessment of a company’s impact on its workers, customers, community, and environment—and make their B Impact Report transparent on bcorporation.net. Certified B Corporations also amend their legal governing documents to require their board of directors to balance profit and purpose.
The combination of third-party validation, public transparency, and legal accountability help Certified B Corps build trust and value.
As a B Corporation we believe:
- That we must be the change we seek in the world.
- That all business ought to be conducted as if people and the planet matter.
- That, through our products, practices, and profits, we should aspire to do no harm and benefit all.
- To do so requires that we act with the understanding that we are each dependent upon another and thus responsible for each other and future generations.
MiaDonna will be reassessed every 3 years to ensure we are continuing to meet the highest environmental and social standards. Therefore, it is our collective duty to establish annual goals and identify ways in which we can achieve impact improvement, year-over-year. By harnessing the power of business, we will strive to make a positive impact for you, our community, and the environment.