Business

Big Island Company Earns ‘Best for the World’ Award

September 9, 2016, 11:15 AM HST
* Updated September 9, 11:18 AM
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Hawaiian Legacy Hardwoods courtesy photo.

Hawaiian Legacy Hardwoods courtesy photo.

For a third consecutive year, Hawai‘i Island sustainable forestry company Hawaiian Legacy Hardwoods (HLH) was recognized as a “B Corp Best for the World” company by the non-profit organization B Lab. B Lab serves as a worldwide business movement of people using their business power for good.

HLH is only one of two Hawai‘i companies to earn the 2016 Best for the World title.

Earning a score in the top 10% for both overall and environmental impact, HLH is at the top of all B Corporations.

According to a statement from Pennsylvania B Lab, HLH is “an exceptional performer in a global community of incredible businesses.”

HLH provides Hawai‘i families with permanent eco-friendly jobs, while hlhsimultaneously using proprietary forest management practices and modern technologies to foster ecosystem diversity, carbon sequestration, unprecedented research and development data collection, and the long-term health of the forest.

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HLH has planted over 340,000 endemic trees across Hawai‘i, while fundraising for over 300 nonprofit organizations around the world, which is all made possible by closely working with the Hawaiian Legacy Reforestation Initiative.

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Representing over 130 industries in 50 countries around the world, there are 1,850 B Corporations.

Out of the 1,850, there were 138 companies chosen in the overall category and 143 in the environment category chosen for the “Best for the World.”

For more information, go online. A full list of honorees is available at best.bthechange.com.

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Certified B Corporations use the power of their business to solve economic,social, and environmental problems. To become a B Corporation, companies must pass the rigorous B Impact Assessment, which assesses the impact a company has on its environment, workers and community.

The first-annual Best for the World Celebration and Awards Ceremony to honor the winners was held on Thursday, Sept. 8, 2016, at the University of California at Berkeley.

A certified B Corporation since 2013, HLH entered a new category for companies doing good through their business.

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