"These are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose."
NORWALK, Conn. (PRWEB) September 16, 2020
Fine jewelry brand Monica Rich Kosann is pleased to announce Certified B Corporation status as a new and important piece of their brand architecture that reinforces their commitment to sustainable business practices.
B Lab™ the entity that assesses and approves companies as Certified B Corporations, states, “these are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corps™ are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy.” Becoming a Certified B Corporation results from a rigorous assessment process conducted by B Labs over a lengthy period, in MRK’s case it took just over a year. The assessment focuses on five broad areas: governance, workers, customers, environment, and community.
Monica Rich Kosann’s decision to pursue this certification grew from the brand’s longstanding commitment to an operating structure based of ethical and sustainable sourcing and business processes, as well as their brand mission statement:
Monica Rich Kosann is dedicated to making jewelry that inspires women, empowers them and makes them stronger. We create jewelry to be a permanent part of lives for generations, all the while challenging ourselves to keep being better for our teams, our suppliers, our customers, and the communities we operate within.
Monica Rich Kosann, Founder and Chief Creative Officer, commented “We are excited to be joining this community of companies that include industry leaders in this area like Patagonia and Eileen Fisher who are committed to using ‘business as a force for good’ to build a more inclusive and sustainable economy.” Rod Kosann, CEO of Monica Rich Kosann added that “Being a B Corp. requires a commitment to continuous improvement in all areas that are part of the assessment, something that we work towards each day.”
About Monica Rich Kosann:
The Monica Rich Kosann brand is built on the idea that jewelry should not just be beautiful, it should empower and inspire a woman. Their fine jewelry collections are offered at monicarichkosann.com, its branded New York City boutiques, including a lifestyle shop at Bergdorf Goodman, and over 100 fine jewelry and specialty stores. Learn more about Monica Rich Kosann as a B Certified Corporation here and at monicarichkosann.com.
About B Lab™
About B Lab™ B Lab is a nonprofit that serves a global movement of people using business as a force for good™. Their initiatives include B Corp Certification, administration of the B Impact Management programs, and advocacy for governance structures like the benefit corporation. B Lab’s vision is of an inclusive and sustainable economy that creates a shared prosperity for all. Learn more about B Lab here.