OCEAN BRANDS
RE-CERTIFIED
B CORP
OCEAN BRANDS RE-CERTIFIED B CORP
We know it is possible to experience growth while giving back to our planet. B Corp® leads a global movement that challenges businesses to improve their environmental and social impact. We first accepted that challenge in 2019 and Ocean Brands became officially a Certified B Corp® and we are proud to be re-certified.
Together with other corporations worldwide, we are continuing to help transform the global economy to ensure it benefits all people, communities, and the planet.
As a B Corp, we are committed to:
Balancing Purpose with Profit, taking into account all stakeholders.
Considering the impact of our decisions on profit, the environment, workers, suppliers, and our community.
OUR ONGOING
B CORP JOURNEY
In order to be B Corp certified, companies are assessed against 5 impact areas. A minimum of 80 points out of a possible 200 must be attained.
AVERAGE SCORE OF B CORPS
Ocean Brands
In Canada
In Our Sector
Same company size range
BEHIND OUR SCORES
B Corp® looks at five key impact areas for scoring
Governance
The company’s mission and involvement, ethics and transparency, and governance indicators.
We achieved this by declaring our goal to be a Benefit Company and amending our article of incorporation to reflect our dedication to creating a positive impact.
Workers
The financial security, health, career development, and engagement and satisfaction of employees.
We promote gender equality and role growth, 40-49% of our company managers identify as women.
Community
The social and economic contribution towards diversity, equity, inclusion and civic engagement, as well as management of supply chains.
We support small coastal communities in sourcing our Pole&Line Tuna products.
Environment
The impact of the company on air, climate, water, land, and life in general.
40% of our sourcing is Certified by the Marine Stewardship Council(MSC) to help protect land and wild life conservation.
Approximately 10% of our sourcing has a Non-GMO Project Verified Certification to support global toxin reduction.
Customer
The value generated by the company for its direct customers through ethical marketing, quality of products, customer satisfaction, etc.
100% of our products are covered by a formal warranty or guarantee.
IMPACT BUSINESS MODELS ACHIEVED
Impact Business Models (IBMs) are the ways a business is designed to create a specific, positive benefit or outcome for one if its stakeholders.
These are one of the three underlying aspects of a company’s social and environmental performance that are assessed in the B Impact Assessment along with “Operations” and the “Disclosure Questionnaire.”
Mission
Locked
We protect our mission and ability to formally consider stakeholders in decision-making through our corporate structure or governing documents.
Supply Chain
Poverty
Alleviation
We use supply chain strategies that reduce poverty through trade terms, positive labor conditions, and support for underserved suppliers.
Land/Wildlife
Conservation
We offer products and services that preserve natural environments and protects animals.
Toxin Reduction/
Remediation
We offer products that reduce toxins or pollutants.
Ocean Brands is happy to once again achieve B Corp Certification!
We will strive to achieve even higher impact scores in the future and use our business as a force for good.
We recognize our role to address the urgent global need for climate action. Our next step is to work towards decarbonization with a plan to measure and reduce our emission impact.