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American Prison Data Systems Honored as Best for the Long Term,
Creating Powerful Governance Structures to Protect Company Mission; Best for Customers, Creating Most Positive Impact for Customers
Evaluated by Comprehensive B Impact Assessment
Sept 12, 2017 – NEW YORK –
Today, American Prison Data Systems, PBC was recognized for creating innovative governance structures to protect the mission of our business for the long term and creating the most positive overall impact on its customers. The Best for the Long Term and Best for Customers lists are based on an independent, comprehensive assessment administered by the nonprofit B Lab. Honorees are featured on B the Change, the digital Medium publication produced by B Lab, at http://www.bthechange.com.
American Prison Data Systems is honored in the Best for the Long Term list, which includes businesses that earned a Governance score in the top 10 percent of more than 2,100 Certified B Corporations on the B Impact Assessment. APDS also scored in the top 10 percent on the Customers score, winning a Best for the World slot in this category for the second consecutive year. The full assessment also measures a company’s impact on its workers, community, and the environment. To certify as B Corporations, companies like American Prison Data Systems must complete the full assessment and have their answers verified by B Lab.
The Governance portion of the B Impact Assessment evaluates a company’s overall mission, ethics, accountability and transparency. It measures whether the company has adopted a social or environmental mission, and how it engages its employees, board members and the community to achieve that mission. This section assesses employee access to financial information, customers’ opportunities to provide feedback, and the diversity of the company’s governing bodies. Honorees scoring in the top 10 percent set a gold standard for the high impact that business as a force for good can make around the world. American Prison Data Systems made the list thanks to exceptional practices like transparency with employees, shareholders and community stakeholders and long-term dedication to a double-bottom line business model.
The Customer portion of the B Impact Assessment measures the impact a company has on its customers by focusing on whether a company sells products or services that promote public benefit and if those products/services are targeted toward serving underserved populations. The section also measures whether a company’s product or service is designed to solve a social or environmental issue (improving health, preserving environment, creating economic opportunity for individuals or communities, promoting the arts/sciences, or increasing the flow of capital to purpose-driven enterprises). American Prison Data Systems was placed in the top decile for Customers because of our unwavering mission to change corrections for good, to unlock economic opportunity and reentry possibilities for the millions of incarcerated people in the United States.
“American Prison Data Systems is dedicated to changing corrections for good, and we’re in it for the long haul,” said American Prison Data Systems’ CEO and founder Chris Grewe. “We’re honored to be recognized by B Corporation as both a Best for the World company for the incarcerated people and corrections professionals we’re proud to serve.”
American Prison Data Systems was founded in 2012 after Grewe recognized the need for corrections to have access to the same high-quality education technology that is used in almost every classroom across the nation today. Incarcerated learners have logged more than 5 million manhours to date on APDS tablets with zero digital or physical safety issues. Learners have access to a digital library with thousands of ebooks, reentry resources to guide their transition to jobs, housing and healthcare after release, and the ability to get a high school degree or college credits, among other resources.
The 186 Best for the Long Term companies come from 79 different industries and 13 countries and the 174 Best for Customers companies come from 63 different industries and 29 countries. B Lab simultaneously released separate lists recognizing B Corporations as Best for the World (overall impact), Best for the Environment, Best for Workers, Best for Community and Best for the World: Changemakers, which can be found at bthechange.com. (Not available until September 12.)
Additional 2017 Best for the Long Term honorees include: MAX Insurance; Veris Wealth Partners; and Home Care Associates of Philadelphia.
Additional 2017 Best for Customers honorees include: AltSchool; Revolution Foods; and Warby Parker.
“Companies like American Prison Data Systems that build their business to be mission-driven for the long term exemplify what it means to use business as a force for good,” says Jay Coen Gilbert, co-founder of B Lab. “We are proud to recognize their achievement. Best for the World is the only list of businesses making the greatest positive impact that uses comprehensive, comparable, third-party-validated data about a company’s social and environmental performance.”
A total of 846 Certified B Corporations were named 2017 Best for the World Honorees, including: Patagonia; Seventh Generation; National Co+op Grocers; and Business Development Bank of Canada. Forty-eight countries are represented, including Afghanistan, Kenya, Nicaragua and Turkey. The selection criteria for Best for the World honorees are available at http://bit.ly/29ZYRSp.
Today there are more than 2,100 Certified B Corporations across more than 130 industries and 50 countries, unified by one common goal: to redefine success in business. Any company can measure and manage social and environmental performance at http://bimpactassessment.net.
American Prison Data Systems, PBC is a NYC-based Public Benefits Corporation and Best for the World-designated B Corporation which offers a connected tablet solution to correctional facilities to support secure online inmate education, job training, rehabilitation services, healthcare, mental health, teacher communications, and more. For more information, visit apdscorporate.com.
B Lab is a nonprofit organization that serves a global movement of people using business as a force for good. Its vision is that one day all companies compete not only to be the best in the world, but the best for the world and society will enjoy prosperity for all for the long term.
B Lab drives this systemic change by: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) passing benefit corporation legislation to give business leaders the freedom to create value for society as well as shareholders; 3) helping businesses measure, compare and improve their social and environmental performance with the free B Impact Assessment; 4) driving capital to impact investments through use of its B Analytics and GIIRS Ratings platform.
For more information, visit http://www.bcorporation.net.
B the Change is a Medium publication, produced by B Lab in collaboration with the community of Certified B Corps and the movement of people using business as a force for good.
B the Change exists to inform and inspire people who have a passion for using business as a force for good in the world. Because we believe that storytelling is an essential element in the transformation of business and society, we commit ourselves to telling the most compelling stories possible to the largest audiences possible to propel the movement of business toward its destiny as a powerful force for good. We want to dramatically broaden and deepen engagement with entrepreneurs, managers, employees, investors and citizens in one of the most important discussions of our time.
Read all B the Change stories at http://www.bthechange.com.