Recycle Track Systems (RTS), New York, announced it has been named a Best For The World honoree in recognition of its environmental performance and sustainable business practices. Ranking in the top 10 percent of all B Corps for its environmental responsibility, RTS says it earned this honor because of its care for the planet, conscious actions and sustainable practices in the waste services industry.
Best For The World recognition is administered by B Lab, a global nonprofit that certifies and supports Certified B Corporations, which are for-profit companies dedicated to using business as a force for good. Today, there are 3,000 Certified B Corporations across 64 countries and 150 industries.
B Corps are required to meet standards of verified social and environmental performance, public transparency and legal accountability to balance profit and social good. B Corp Certification doesn’t just evaluate a product or service, it assesses the overall positive impact of the company that stands behind it. Using the B Impact Assessment, B Lab evaluates how a company’s operations and business model impact its workers, community, environment and customers. To achieve the B Corp Certification, a company must achieve a score of at least 80 points on the assessment.
“RTS was founded because it was clear that the trash and recycling industry was in need of becoming more environmentally conscious. We are incredibly honored and humbled to receive this recognition,” Greg Lettieri, co-founder and CEO of RTS, says. “Sustainability is a core value of RTS, and we are fully committed to evolving and challenging the waste industry to be better stewards of the environment.”
“We’re incredibly proud of this year’s Best For The World honorees,” Anthea Kelsick, CMO of B Lab, says. “These inspiring companies represent the kinds of business models and impact-driven business strategies that are building a new economy—one that is inclusive, regenerative and delivers value to all stakeholders—not just shareholders. To that end, B Corps like RTS are redefining capitalism and showing that it actually can work for everyone.”
1,000 B Corps from 44 countries were named to the 2019 Best For The World lists. The 2019 Best For The World honorees are determined based on the verified B Impact Assessments of Certified B Corporations. The full lists are available on https://bcorporation.net/.