MSP Redsquid has joined a progressive group of ESG champions having achieved B Corporation certification following a two year campaign to improve the company's policies and practices on various aspects of sustainability and social responsibility.
The Herts-based MSP underwent a rigorous assessment process that evaluated its performance across five areas – governance, workers, customers, community and environment – scoring 93.6 points, well above the 80 points required to gain the certification.
B Corporations balance purpose and profit and raise the bar on social and environmental performance, transparency and accountability, and are legally required to consider the impact of their decisions on all stakeholders including workers, customers, suppliers, the community and the environment.
"This certification is a recognition of our commitment to create a positive impact for our stakeholders and to align our purpose and profits," stated Sohin Raithatha, CEO of Redsquid.
"We believe that being a B Corporation will help us attract and retain the best talent, enhance our reputation and trust with our customers and partners, and drive innovation and growth in our industry."
Raithatha noted that Redsquid will continue to monitor and report on its performance and impact and seek new ways to improve its operations and services in line with the B Corporation principles.
"We have embarked on a journey of continuous learning and improvement, and to collaborate with other B Corporations and stakeholders to create a more inclusive and sustainable economy," added Raithatha.
Redsquid was founded in 2006 and provides business communications and IT solutions to over 2,000 customers across various sectors, including hospitality, education, healthcare, legal and manufacturing.