Contract Research Organisation (CRO) Veramed has joined a community of global companies using business as a force for good.
Veramed, provider of specialist statistics and programming services to biopharmaceutical companies, announced that it has been awarded a B Corporation certification.
The certification addresses all parts of a business’ operations, covering key impact areas of governance, workers, community, environment and customers. Applicants are required to provide evidence of socially and environmentally responsible practices relating to energy supplies, waste and water use, worker compensation, diversity and corporate transparency. The company must legally display its commitment to purpose beyond profit in its company articles.
The B Corporation community consists of over 3,700 businesses globally and in 450 the UK, represented in a variety of industries and sizes, and including brands such as The Guardian and Patagonia.
Matt Jones, Chief Executive Officer of Veramed said: “I am very proud that we have achieved this milestone as a business. Protecting our most important asset, our people, has always been highest on our agenda. By completing the B Corp assessment we have taken this one step further by demonstrating a commitment to our customers and to the community and environment within which we operate too. We are dedicated to continuing our journey towards being a better business and to leading the conversation on social and environmental change in the pharmaceutical and biotech industry.”
Chris Turner, Executive Director of B Lab UK said: “We are pleased to have B Corps of all shapes and sizes as part of our community – from start-ups to multinationals, and across many different industries. Welcoming Veramed is an exciting moment because they have an opportunity to lead the way within the Pharmaceutical and Biotech industry in the UK. We and the rest of the B Corp community are really pleased to support Veramed in paving the way for a new way of doing things”.
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