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Veramed Certifies as a B Corporation® joining a community of leaders using business as a force for good

Veramed Certifies as a B Corporation® joining a community of leaders using business as a force for good

[3rd March 2021]: Veramed, a Contract Research Organisation (CRO), providing specialist statistics and programming services to the biopharmaceutical industry, announced its achievement of certification as a B Corporation®, joining a growing group of companies reinventing business as a force for good™.

The connections between business, community, employees, and the environment are more important than ever as the pharmaceutical and life science industry continues to advance medicines development while responding to the immediate COVID-19 crisis.

The B Corp certification addresses all parts of a business’ operations, covering five key impact areas of Governance, Workers, Community, Environment and Customers. The certification process is rigorous, with applicants required to reach a benchmark score of over 80 while providing evidence of socially and environmentally responsible practices relating to energy supplies, waste and water use, worker compensation, diversity and corporate transparency. To complete the certification, the company has legally embedded their commitment to purpose beyond profit in their company articles.

Veramed is now part of a community of over 3,700 businesses globally who have certified as B Corps™. The B Corp community in the UK, representing a broad cross section of industries and sizes, comprises over 450 companies and include well-known brands such as The Guardian, innocent, Patagonia, and The Body Shop.

Matt Jones, Chief Executive Officer of Veramed says “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 says “We are pleased to have B Corps™ of all shapes and sizes as part of our community - from startups 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”. 

“Being able to welcome Veramed to the B Corp community is hugely exciting. Their commitment to doing business differently will be an inspiration to others and really help spread the idea that we can redefine success in business to be as much about people and planet as it is about profit”. 

There are currently over 450 certified B Corps™ in the UK and over 3,700 worldwide. Other B Corp certified Pharmaceutical suppliers and consultancies include weight-bearing, low radiation CT scanning technology supplier, Standing CT and Californian medical device company Neotech Products.



About B Lab UK:

B Lab UK is transforming the economy to benefit all people, communities, and the planet. A leader in economic systems change, our global network creates standards, policies, and tools for business, and we certify companies—known as B Corps—who are leading the way. To date, our global community includes over 3,700 B Corps in 74 countries and 150 industries, and over 100,000 companies manage their impact with the B Impact Assessment and the SDG Action Manager.

About Veramed:

Veramed is a customer-driven Contract Research Organisation (CRO) that provides high quality biostatistics and programming services for the pharmaceutical and biotech industry. Founded in 2012, Veramed acts as an extension to its clients’ teams, ensuring close collaboration and efficient, quality-driven outcomes that go above and beyond CRO industry standards. Headquartered in Twickenham, England, with offices in Europe and the US, Veramed is B Corp Certified ® with people, patients and the environment at its heart. Veramed recruits and nurtures the best industry talent and supports staff with a flexible approach to work and a culture that encourages professional development and honest and open communication. 

 Louise Chapman, Head of Marketing & Communications - Veramed 

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Last Updated: 05-Mar-2021