Gland, 13th July 2022 — Vivent has been named a 2022 Best for the World™ B Corp™ in recognition of its exceptional positive impact on its environment. Best for the World is a distinction granted by B Lab to Certified B Corporations (B Corps) whose verified B Impact Scores in the five impact areas evaluated in the B Impact Assessment — community, customers, environment, governance, and workers — rank in the top 5% of all B Corps in their corresponding size group.
Vivent earned this honor because of its commitment to helping grow more healthy and tasty food, while reducing the enviromental impact of farms. Vivent has developed a radical new way of understanding and managing crops based on naturally occuring plant signals. By measuring plant signals, Vivent is able to report on crop health regularly and send growers alerts as soon as their crops are stressed. This type of early warning enables growers to optimise conditions faster and avoid unproductive hours. Growers can also optimise the use of crop protection treatments by applying said treatments before visual symptoms are evident. This result is healthier plants, which sequester more carbon, and generate higher and more consistent yields. Vivent helps growers worldwide to not only optimise the use of water and chemicals but also the use of energy and labor – which have become a major concern for indoor growers in recent years.
Nigel Wallbridge (Vivent SA) and Julien Stoll (Stoll Frères SA) using Vivent biosensors in a tomato greenhouse
Carrol Plummer, Vivent CEO, comments: “We are delighted to be recognized for our commitment to positively impacting the environment. Vivent’s technology empowers growers to not only produce nutritious and tasty food but also encourages them to contribute towards a greener planet. We are delighted to join other B Corps leading the way towards a more inclusive, sustainable, and regenerative planet. eing named a Best for the World company is a great source of pride for us.”
Every year, Best for the World recognizes the top-performing B Corps creating the greatest positive impact through their businesses. More than a badge of honor, Best for the World provides an opportunity for recognized companies to share knowledge, learnings, and best practices with the B Corp community and businesses outside of the community to encourage innovation and transformation across the business sector. The full lists are available at bcorporation.net.
The Best for the World recognition is administered by B Lab, the global nonprofit network that certifies and mobilizes B Corps, which are businesses that meet high standards of positive social and environmental performance, accountability, and transparency. Today, there are more than 5,000 B Corps across 80 countries and 155 industries, unified by one common goal: building an inclusive, equitable, and regenerative economic system.
“Each Best for the World edition is an opportunity to raise the bar for how businesses can and should operate to create real and lasting positive impact for their workers, customers, communities, and the environment,” said Dan Osusky, Head of Standards and Insights at B Lab Global. “While no company is perfect and even the best companies can and should continue to strive to improve, the B Corps recognized as Best for the World can provide us all — standards setters, B Corps, non B Corps, and sustainability advocates — with inspiration on what true leadership in business can look like to make progress on addressing our current global challenges.”
B Corp Certification doesn’t just evaluate a product or service, it assesses the overall social and environmental impact of the company that stands behind it. To achieve B Corp Certification, a company must meet a score of at least 80 points on the B Impact Assessment, an evaluation of a company’s positive impact, and pass a risk review, an evaluation of a company’s negative impact; change their corporate governance structure to be accountable to all stakeholders, not just shareholders; and exhibit transparency by allowing information about their B Corp Certification performance to be publicly available on their B Corp profile on B Lab’s website.
About Vivent: Vivent was founded in 2012 by well-known serial entrepreneurs Carrol Plummer and Dr. Nigel Wallbridge, who have now applied their information processing and telecommunication system skills to biological networking, with an initial focus on crops. The pair have worked with leading agricultural institutes, universities, crop protection companies, and growers to validate this innovative approach. Vivent’s focus is on high-capital indoor growing operations with plans to move into high-value outdoor crops and then into large volume field crops. More information is available at www.vivent.ch
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About B Lab: B Lab is transforming the global economy to benefit all people, communities, and the planet. A leader in economic systems change, our global network creates standards, policies, tools, and programs for business, and we certify companies — known as B Corps — who are leading the way. To date, our community includes 400,000 workers in over 5,000 B Corps across 80 countries and 155 industries, and more than 200,000 companies manage their impact with the B Impact Assessment and the SDG Action Manager. B Lab has created and led efforts to pass over 50 corporate statutes globally that enable stakeholder governance, with over 10,000 companies using the legal framework. To learn more and join the movement, visit www.bcorporation.net.
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