Aussie Broadband takes first step towards B Corporation certification
Media Release | Thursday 24 Feb 2022 | 1 min read
Aussie Broadband is delighted to announce that it has taken its first step to become certified as a B Corporation.
B Corporations, or B Corps, are businesses that meet verified standards of social and environmental performance, transparency, and accountability.
Managing Director Phillip Britt said that becoming B Corp certified would help Aussie to further its work on Environmental, Social and Governance (ESG).
“Aussie Broadband has always been an organisation that values people and purpose as much as profit. We believe this certification is a perfect fit with our own values,” Phil said.
“Becoming certified as a B Corporation will help us as we move into a new phase of the company and continue to change the telco game. It will allow us to benchmark ourselves and improve our ESG practices even more,” said Phil.
Aussie Broadband’s Chair, Adrian Fitzpatrick, said the B Corp Certification is the next step in the company’s ESG objectives.
“Adopting an ESG reporting framework like that of B Corp sits in line with Aussie Broadband’s commitment to community impact, our people and the environment. By assessing our impact, we can ensure that we can make a real difference as a company,” said Adrian.
The B Corp assessment measures a company’s performance across five areas: governance, workers, community, environment and customers. To achieve B Corp Certification, companies must have at least 80 points when submitting the assessment.
“We’re really pleased with our indicative results so far – it appears we are scoring well above average in each of the impact areas,” said Phil.
“It’s not something that you achieve overnight – it involves a lot of hard work, tough questions and ongoing improvement. But most importantly, it gives us an objective view about what we are doing well and areas that we need to improve when it comes to our social and environmental impact.”
“B Corp holds companies accountable for the promises they make, and each of the five areas of assessment are heavily monitored and measured. So, we believe that being a registered B Corp demonstrates that our commitment is more than just words.” Phil said.
More information about Aussie Broadband’s Community Impact Initiatives can be found here.
All information contained in this media release, including references to costs, speed, and capability of the Aussie Broadband network, was correct at time of publication, and may have since changed.
About Aussie Broadband Limited
Aussie Broadband Group is a fast-growing technology services provider – comprising of the Aussie Broadband and Symbio businesses – with a market cap of around $1 billion (AUD).
Listed on the Australian Stock Exchange (ASX: ABB), the Group collectively supplies more than 1 million services, operates two Tier 1 voice providers in Australia and owns fibre infrastructure.
The fifth largest provider of broadband services in Australia with continuing growth in the residential segment, the Group provides a broad suite of solutions through its data, voice, and managed solutions to business, enterprise and government customers. Aussie Broadband Group also provides wholesale services to other telecommunications companies and managed service providers.
For further information please visit: www.aussiebroadband.com.au