Travel Matters B Corp

Travel Matters is a B Corp™ certified business! Therefore, we make it one of our key focuses to ensure shareholder wealth. The ‘B’ in B Corp™ stands for ‘Benefit (for all)’ and we, along with all the other certified B Corp™ businesses form a collective movement, want to change our economic system to positively impact all stakeholders — workers, communities, customers and our planet. If you want a reliable, exceptional trip filled to the brim with authentic experiences, tailored completely to you in a responsible manner, please make your enquiry today!

The B Corp Way…

What ‘Good’ looks like!

Certified B Corporations® use businesses, like Travel Matters, as a force for good!

“In our current global economic system, business is failing its enormous promise to create positive impact while driving large-scale negative impact. In short, it’s putting profit over people and planet. ‘B Lab™’ believes that a different kind of economy is not only possible, but necessary — and that business can lead the way. Since 2006, ‘B Lab™’ has been advancing this work around the world by certifying B Corporations; companies that meet high standards of social and environmental performance, accountability and transparency. B Corps™ are also legally committed to bringing benefit not just to shareholders, but all business stakeholders — workers, customers, communities and the environment.”

The B Corp™ movement is here to change our economic system — and to do so we have to change the rules of the game. B Lab create standards, policies, tools and programmes that shift the behaviour, culture & structure of capitalism. B Lab™ mobilises the B Corp™ community towards collective action to address society’s most critical challenges. B Lab™ are constantly supporting and innovating, in order to shape their vision of an inclusive, equitable, and regenerative economy that works for everyone.

How we achieved it…

Based on the ‘B Impact assessment’, Travel Matters Ltd. earned an overall score of ‘93.5’. The median score for ordinary businesses who complete the assessment is currently 50.9.

The ‘B’ stands for ‘Benefit (for all)’. The B Global Network mobilises the B Corp™ movement to change our economic system to positively impact all stakeholders — workers, communities, customers and our planet. B Lab™ is the non-profit network transforming the global economy to benefit all people, communities and the planet. During the assessment phase of Travel Matter’s B Corp™ application, the business needed to provide comprehensive, credible, comparable impact standards to support economic systems change. The assessment as a whole took around 12-months and Travel Matters was audited on the following:

1. Governance (Score = 16.3)

   ‘Governance’ evaluates a company's overall mission, engagement around its social/environmental impact, ethics and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

2. Workers (Score = 19.7)

   ‘Workers’ evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development and engagement & satisfaction. In addition, this section recognises business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programmes to support individuals with barriers to employment.

3. Community (Score = 24.0)

   ‘Community’ evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include; diversity, equity & inclusion, economic impact, civic engagement, charitable giving and supply chain management. In addition, this section recognises business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development and formal charitable giving commitments.

4. Environment (Score = 24.8)

   ‘Environment’ evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land and biodiversity. This includes the direct impact of a company’s operations and when applicable, its supply chain and distribution channels. This section also recognises companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market or educate people about environmental problems.

5. Customers (Score = 8.4)

   ‘Customers’ evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security and feedback channels. In addition, this section recognises products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients and services that improve the social impact of other businesses or organisations.

What now?

Travel Matters is delighted to be part of B Corp’s™ international growing movement. When we established our Travel Matters Make Travel Matter Campaign, an important undertaking of ours was to bring like-minded businesses and people together, through promoting travel as a privilege. Our aim, along with B Corp™, is to encourage people to make more conscious decisions during their travels and to be more pro-active in relation to the idea of protecting the environment and the communities they encounter along the way. Our wish is to make people’s travels really Matter, and we want the travel experience to be complete with the involvement of learning from the local community. As we are now part of this inspiring community, will we strive to learn and continue to build with other responsible and positive impact businesses.