B Corp: What it is and why it Matters
Chototel became a Certified B Corporation in August 2016.B Corps are a new type of company that uses the power of business to solve social and environmental problems.Chototel was certified by the non-profit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. We’ve evaluated how our practices impact our employees, our community, the environment, and our guests. Today, there are over 1,700 Certified B Corps around the globe from over 60 industries, including Ben & Jerry’s, Patagonia and Rubicon. All certified B corporations unite around one shared goal: to use the power of markets to solve social and environmental challenges. We are proud to join this community of socially responsible companies working to use business as a force for good.
Chototel Granted Pending B Corp status
Founded to provide dignified housing solutions to those affected by the global housing crisis, Chototel’scommitment to delivering a product that creates significant economic, environmental and social impact, alongside delivering environmental returns, has been central to our business strategy since day one. Joining the B Corp community reinforces our ongoing commitment to uphold our core purpose and values as we grow. In joining this community of like-minded social enterprises, we are excited to expand our impact beyond our own business activities, and become part of a wider movement working to redefine success in business. Find out more about what being a purpose driven business means to us by exploring the four principles of our approach to responsibility below.