Why isn't Thankyou a BCorp?

We are champions of the B Corp vision, and companies gaining the B Corp accreditation.

As we are a social enterprise, which is “a business that trades to intentionally tackle social problems, improve communities, provide people with access to employment and training, or help the environment”, we have a different structure to a shareholder-owned company or privately-listed company.

As such we have been externally audited and certified by Social Traders (the Australian peak body for Social Enterprise) as a ‘social enterprise’. This means our organisation fulfilled these criteria:

- The enterprise has a defined primary social, cultural or environmental purpose consistent with a public or community benefit
- The enterprise derives a substantial portion of its income from trade
- The enterprise invests efforts and resources into its purpose such that public/community benefit outweighs private benefit

You can read more here: https://www.socialtraders.com.au/social-enterprise/certification/#our-standards

As we are in the process of shifting our entire organisational model in 2021, we look forward to reviewing the alignment of Thankyou’s social enterprise model and a BCorp certification in the next 24 months.