TMCnet News

Schellman Achieves B Corporation Certification, Reinforces Commitment to Social and Environmental Responsibility
[June 18, 2024]

Schellman Achieves B Corporation Certification, Reinforces Commitment to Social and Environmental Responsibility


Schellman, a leading provider of attestation and compliance services and a top 50 CPA firm, proudly announces its certification as a B Corporation (or B-Corp). Awarded by the non-profit B Lab, this prestigious certification will see Schellman join a global community of companies dedicated to balancing profit and purpose, underscoring the firm's dedication to meeting the highest standards of social and environmental performance, transparency, and accountability.

"Achieving B-Corp certification is a significant milestone in our ongoing integration of social and environmental considerations into our core business strategies and operations," said Avani Desai, CEO of Schellman. "Successfully becoming certified validates our ongoing efforts to positively impact our clients, partners, employees, communities, and the environment."

To become B-Corp certified, Schellman provided comprehensive evidence of responsible practices in areas such as energy usage, waste management, worker compensation, diversity, and corporate transparency as part of a rigorous assessment process that evaluated the firm's impact on various stakeholders, including governance, workers, community, environment, and clients. B-Corp companies are also required to amend heir legal governing documents to ensure that their board of directors considers the impact of decisions on all stakeholders-a legal commitment that solidifies Schellman's dedication to balancing profit with purpose and reinforces its pledge to drive positive change in the business world.



Having scored above the benchmark of 80 to achieve certification, Schellman now joins a select group of over 8,800 companies leading a global movement to redefine success in business. Together with renowned brands such as Patagonia, Ben & Jerry's, and The Body Shop, Schellman is now holding itself accountable for its impact on all stakeholders-not just shareholders.

"As a firm, we have always believed that business can be a force for good-the B Corp certification is a testament to this commitment and I'm proud of our entire team for their hard work and dedication to making it possible," explained Desai. "We're excited to continue our work with a renewed focus on creating value for society, fostering a positive work environment, and promoting sustainable practices."


For more information about Schellman's B-Corp certification and its ongoing commitment to social and environmental responsibility, please visit our B-Corp profile page.

About Schellman

"Schellman" is the brand name under which Schellman & Company, LLC and Schellman Compliance, LLC provide professional services. Schellman stands as a leading global provider of attestation, compliance, and certification services. Operating under two distinct entities, Schellman & Company, LLC (a top 50 firm) and Schellman Compliance, LLC (a globally accredited compliance assessment firm which is not a licensed CPA firm). The services provided by the Schellman entities include acting as a CPA firm (Schellman & Company, LLC Florida license number AD62941) as a leading provider of SOC reports, an ISO Certification Body, a PCI Qualified Security Assessor Company, a HITRUST assessor, a FedRAMP 3PAO, being among the pioneering CMMC Authorized C3PAOs, as well as offering international certification services including TISAX and HDS.

Renowned for its professionals' expertise combined with practical experience, Schellman delivers superior client service while upholding steadfast independence. The company's approach fosters successful, long-term relationships, enabling clients to achieve multiple compliance objectives through a single trusted third-party assessor. For further information about the services provided, please visit schellman.com.


[ Back To TMCnet.com's Homepage ]