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Why extra large client well being firms ought to change into B Corps


This text is sponsored by Sanofi.

B Companies, higher often called B Corps, are leaders within the international motion for an equitable, sustainable future. 

Sanofi Client Healthcare North America – the maker of manufacturers comparable to Allegra, Dulcolax, Icy Scorching, Unisom and Xyzal – not too long ago turned the primary, massive client well being B Corp. However what offers a multinational firm like ours the fitting to speak about social affect and sustainability?

To start out, changing into a B Corp isn’t simply one thing our firm thought to pursue in a single day. We made a calculated determination years in the past to make sure our efforts to make healthcare easy and accessible additionally enabled our thousands and thousands of consumers to participate in remodeling enterprise as a drive for good. The rigorous, three-year certification course of to point out we meet excessive requirements of social and environmental efficiency is only one step on our ongoing journey to champion higher self-care for a more healthy society and planet.

We aspire for our journey to assist affect the higher client well being enterprise ecosystem to hitch the rising B Corp neighborhood.

Wholesome folks want a wholesome planet

Well being is not a set of signs to be handled in isolation — our well being is inextricably linked to the world round us. Within the water we drink, the air we breathe, the heat of our solar and the social injustices that shake us to our core. That’s why we’re honored to be a part of the B Corp neighborhood and excited to point out how revenue and function can go hand in hand.

Thus far, we and our manufacturers have made necessary progress on our social and environmental objectives — from lowering our carbon footprint and chopping down waste to sourcing extra responsibly and supporting the wellbeing of communities the place we do enterprise. For instance, we’re working to remove roughly 35 tons of plastic packaging per 12 months by eradicating plastic home windows from Allegra, Nasacort and different product packaging.

Multinationals as international change brokers

Whereas small and medium-size companies make up a lot of the B Corp neighborhood, an growing variety of multinational firms comparable to ours — with greater than $1 billion in annual income — have gotten licensed B Corps. And it’s truly tougher for a bigger firm to certify than a smaller one as a result of we’re rightfully held to stricter requirements, deeper verifications and extra necessities.

Resulting from our measurement, scope and higher affect on the financial system, large firms have an necessary position to play in driving international, methods change at scale. Although solely round 1 % of the greater than 7,000 B Corps throughout the globe are multinationals, we signify a considerable portion (28 %) of the B Corp workforce.

This achievement is rather more than a milestone or badge of sustainability accomplishments. It’s serving to us perceive and enhance our affect and the affect of the trade at massive. B Lab’s rigorous course of enabled us to take a significant have a look at what we had been doing and the place we might deepen efforts, making us a stronger group and a greater, extra purposeful enterprise throughout.

We hope to encourage our friends in client well being — each massive and small — to hitch us in championing this rigorous sustainability certification to speed up a worldwide motion for optimistic change.

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