All Press Releases for September 16, 2017

Evox Television Honored as Best for the Long Term, Creating Powerful Governance Structures to Protect Company Mission

Evox Television has been elected as one of the top of mission-driven companies in the field of corporate structure, earning the recognition as "Best for the World - Long Term" for B Corps and Public Benefit Corporations.



    LOS ANGELES, CA, September 16, 2017 /24-7PressRelease/ -- Today, evox Television was recognized for creating innovative governance structures to protect the mission of our business for the long term. The Best for the Long Term list is based on an independent, comprehensive assessment administered by the nonprofit B Lab. Honorees are featured on B the Change, the digital Medium publication produced by B Lab, at http://www.bthechange.com.

evox Television is honored in the Best for the Long Term list, which includes businesses that earned a Governance score in the top 10 percent of more than 2,100 Certified B Corporations on the B Impact Assessment. The full assessment measures a company's impact on its workers, community, customers, and the environment. To certify as B Corporations, companies like evox must complete the full assessment and have their answers verified by B Lab.

The Governance portion of the B Impact Assessment evaluates a company's overall mission, ethics, accountability, and transparency. It measures whether the company has adopted a social or environmental mission, and how it engages its employees, board advisors, and the community to achieve that mission. This section assesses employee access to financial information, customers' opportunities to provide feedback, and the diversity of the company's governing bodies. Honorees scoring in the top 10 percent set a gold standard for the high impact that business as a force for good can make around the world. evox made the list thanks to exceptional practices like evoxMarketplace.com sourcing over 30,000 organic, sustainable, and responsibly-sourced products from around the world for our customers; providing a slate of inspiring and educational media content about making a difference in the world on evoxTelevision.com; and building an active and action-oriented community passionate about making our world the best it can be for everyone.

The 186 Best for the Long Term companies come from 79 different industries and 13 countries. B Lab simultaneously released separate lists recognizing B Corporations as Best for the World (overall impact), Best for the Environment, Best for Customers, Best for Workers, Best for Community and Best for the World: Changemakers, which can be found at bthechange.com.

CEO and founder of evox, Xav Dubois, states, "evox is proud to be in the company of businesses and entrepreneurs who carry and embody the deep understanding that social, environmental, and political change is a long-term commitment. It takes courage and stamina to launch a Benefit Corporation while also standing in the current reality. We are proud to be amongst those businesses who are willing to be on the front line of this movement and honored to be 'Best for the World-Long Term.'"

"Companies like evox Television, that build their business to be mission-driven for the long term, exemplify what it means to use business as a force for good," says Jay Coen Gilbert, co-founder of B Lab. "We are proud to recognize their achievement. Best for the World is the only list of businesses making the greatest positive impact that uses comprehensive, comparable, third-party-validated data about a company's social and environmental performance."

A total of 846 Certified B Corporations were named 2017 Best for the World Honorees, including: Patagonia; Seventh Generation; National Co+op Grocers; and Business Development Bank of Canada. Forty-eight countries are represented, including Afghanistan, Kenya, Nicaragua and Turkey. The selection criteria for Best for the World honorees are available at http://bit.ly/29ZYRSp.

Today there are more than 2,100 Certified B Corporations across more than 130 industries and 50 countries, unified by one common goal: to redefine success in business. Any company can measure and manage social and environmental performance at http://bimpactassessment.net.

evox Television is an online television network, retail marketplace, and social community that supports lifestyles of health and sustainability. As a for-profit and for-good socially driven entertainment and commerce platform, evox educates, informs, and inspires by delivering evocative television and sustainable products to a worldwide audience. evox is building a global community that unites people around shared interests with the goal of influencing positive change and shifting consumer attitudes and behaviors. evox is the next evolution in entertainment. Join us at http://www.evoxtelevision.com.

B Lab is a nonprofit organization that serves a global movement of people using business as a force for good. Its vision is that one day all companies compete not only to be the best in the world, but the best for the world and society will enjoy prosperity for all for the long term.

B Lab drives this systemic change by: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between "good companies" and good marketing; 2) passing benefit corporation legislation to give business leaders the freedom to create value for society as well as shareholders; 3) helping businesses measure, compare and improve their social and environmental performance with the free B Impact Assessment; 4) driving capital to impact investments through use of its B Analytics and GIIRS Ratings platform.
For more information, visit http://www.bcorporation.net.

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Andrew Mersmann
evox Television
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