NEW YORK, Feb. 8, 2021
/PRNewswire/ -- Noodle, which helps dozens of top US
universities build and grow their online and hybrid learning
programs, has earned B Corp™ Certification, announced CEO
John Katzman. The rigorous
certification process recognizes for-profit companies who utilize
business as a force for good through exacting standards for social
and environmental performance. Noodle joins over 4,000 certified B
Corps™ to date, from more than 60,000 applicants across 150
different industries and 74 countries, with one unifying goal: to
redefine success in business.
Our B Corp™ Certification confirms our mission to make education
more affordable - Noodle President / COO Keri Hoyt
"Finding a path that benefits students, universities, employees,
and investors has allowed Noodle to launch more online
programs with elite schools than all its competitors combined for
two years now," says Noodle CEO John
Katzman. "Our mission to lower the cost of higher education
represents a powerful force for good in our communities and
reaffirms our commitment to the environment and to society. Our B
Corp™ Certification is a means to demonstrate those actions."
"This represents a major landmark in our journey to help
colleges and universities attain economic and social
sustainability," says Noodle President/COO Keri Hoyt. "Our B Corp™ assessment provides a
roadmap of opportunities; it aligns with Noodle's vision to conduct
our business with the greater good of society in the forefront
coupled with our commitment to make education more
affordable."
Noodle completed a meticulous application process conducted by B
Lab, the governing body of B Corp™ which examined 170+ factors,
reviewing Noodle's customers and vendors, its record of inclusion,
community involvement, corporate governance, and environmental
impact, among others. Key elements such as average employee tenure,
charitable giving, energy savings plan, recycling policies,
employee volunteer service and employee upward mobility are also
analyzed. Noodle will hold B Corps™ certification for three years
before submitting to a renewal process.
"With our B Corp™ Certification, we join a highly esteemed
network of like-minded companies who use business as a force for
good in their communities," says Noodle CFO Meredith Ruble. "We are proud to join other
for-profit companies who utilize the power of more conscious
decision-making to serve the well-being of our partners. We welcome
3rd party oversight to ensure we deliver on our promise."
"Noodle's B Corp™ Certification reflects our mission to build
and grow innovative, excellent online and agile programs," says
Noodle Chief Strategy Officer Lee
Bradshaw. "Our experts, technology, and resources serve to
help faculty create superb learning experiences that attract and
graduate large numbers of students. By finding excellence in scale
and efficiency, Noodle lowers the cost of higher education, thus
providing a powerful tool for social mobility in the
community."
Certified B Corporations™ (also referred to as B Corps™) are
for-profit businesses that meet the highest standards of verified
social and environmental performance, transparency and
accountability to balance profit and purpose. B Corp™ businesses
are required to consider the impact of their decisions on all
stakeholders, customers, employees, the community and the
environment. B Corp™ companies are accelerating a global cultural
shift to redefine success in business and build a more sustainable
and inclusive community.
"Noodle's B Corp™ Certification is a celebration of our
commitment to good corporate citizenship, diversity and inclusion,
delivering on Noodle's promise to lower the cost of higher
education through accessibility and affordability," says Noodle
Chief Program Officer Stephen Green.
"Our B Corp™ Certification is a great framework to measure our
progress towards accomplishing those goals."
Noodle joins a prestigious roster of B Corp™ companies
including: Arbonne, Athleta, Ben & Jerry's, ButcherBox, C.F.
Martin & Co, Charlotte's Web, King Arthur Baking Company,
MindFull, Patagonia, and Tillamook, to name but a few.
About B Lab:
B Lab is a non-profit that serves a
global movement of people using business as a force for good.
B Lab's initiatives include B Corp™ Certification, administration
of the B Impact Management programs and software, and advocacy for
governance structures like the benefit corporation. The B Corp™
community works toward reduced inequality, lower levels of poverty,
a healthier environment, stronger communities, and the creation of
more high-quality jobs with dignity and purpose. By harnessing the
power of business, B Corps™ use profits and growth as a means to a
greater end: a positive impact for their employees, communities and
the environment.
About Noodle
Noodle creates excellent online and agile
programs that elevate campus-wide teaching and technology. Since
January 2019, Noodle has launched as
many online programs with elite US universities as have all of our
competitors combined. Our network of universities, higher education
leaders, providers and students fuel innovation and efficiency in
learning design, marketing, recruitment, technology, student and
faculty support, and clinical placement. For more information,
visit partners.noodle.com and follow us on LinkedIn at
linkedin.com/company/noodleeducation and Twitter
@NoodleEducation.
MEDIA CONTACT:
Renee
Young
914-523-5320
ryoung@noodle.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/noodle-earns-prestigious-b-corp-certification-301224117.html
SOURCE Noodle