The World’s Best Awards Social Impact Company of 2024

Social impact refers to the effect that an organization’s actions and initiatives have on the broader society and communities in which it operates. It encompasses the positive changes, improvements, or benefits that result from these activities, ranging from addressing social inequalities and environmental issues to promoting education, health, and economic development. Social impact goes beyond financial profitability and focuses on creating meaningful and sustainable changes that contribute to the well-being and advancement of society as a whole. It often involves collaboration with various stakeholders, including government agencies, nonprofits, and local communities, to address complex social challenges and drive positive outcomes. Organizations that prioritize social impact demonstrate a commitment to corporate social responsibility and contribute to building a more equitable and inclusive world.

With these in mind and after a two-fold process of judges’ shortlisting and subsequent global public voting, The World’s Best Magazine announces the winners of The World’s Best Awards Social Impact Company of 2024 title.

Carrot Fertility: Inclusive Fertility Support

Transforming access to fertility care, Carrot Fertility is dedicated to supporting individuals and couples on their journey to parenthood. Through innovative technology and comprehensive benefits programs, Carrot Fertility empowers employees to make informed choices about their reproductive health, breaking down barriers and promoting inclusivity in family planning.

inKind: Commerce for Good

With a mission to reshape charitable giving, inKind provides a platform for businesses to donate a portion of their revenue to local nonprofits. By leveraging the power of commerce for good, inKind enables businesses to make a meaningful impact in their communities while fostering customer loyalty and engagement.

Warby Parker: Vision Care Access

As a pioneer in socially conscious eyewear, Warby Parker has set the standard for ethical business practices. With its “Buy a Pair, Give a Pair” program, Warby Parker has distributed millions of glasses to individuals in need around the world, ensuring access to vision care for those who need it most.

Blueprint Prep: Equitable Test Prep

Recognized for its commitment to educational equity, Blueprint Prep offers affordable and accessible test preparation services to students from all backgrounds. By leveling the playing field and providing resources to underserved communities, Blueprint Prep empowers students to achieve their academic goals and unlock opportunities for success.

DonorsChoose: Direct Classroom Support

Empowering teachers and students, DonorsChoose connects donors with classroom projects in need of funding. By facilitating direct giving, DonorsChoose ensures that every dollar donated goes towards supporting classrooms and providing resources for enriching educational experiences.

Celebrating Social Impact

These organizations have not only excelled in their respective industries but have also made profound contributions to society, demonstrating a commitment to creating positive change and uplifting communities. Through their innovative approaches and unwavering dedication to social impact, they exemplify the transformative power of business to drive positive change and create a brighter future for all.

Alignment with the UN SDGs

This list of social impact companies aligns well with several United Nations Sustainable Development Goals (SDGs), as these companies focus on social, educational, and health-related advancements. Here’s how each company contributes to specific SDGs:

1. SDG 3: Good Health and Well-being
   • Carrot Fertility: By enhancing access to fertility care and reproductive health, Carrot Fertility supports SDG 3, which aims to ensure healthy lives and promote well-being for all. Their inclusive approach to fertility support contributes to comprehensive healthcare options for individuals and families.
   • Warby Parker: With its “Buy a Pair, Give a Pair” program, Warby Parker improves global access to vision care. This aligns with SDG 3’s goal of providing essential health services and reducing health inequalities.
2. SDG 4: Quality Education
   • Blueprint Prep: By offering affordable test preparation services, Blueprint Prep supports SDG 4, which promotes inclusive and equitable quality education. Their focus on educational equity helps bridge gaps in access to resources, empowering students from diverse backgrounds to achieve academic success.
   • DonorsChoose: By directly connecting donors to classroom projects, DonorsChoose supports SDG 4 as well, enabling underserved schools to access resources for educational enrichment. This support contributes to improved learning experiences and educational opportunities.
3. SDG 10: Reduced Inequalities
   • Carrot Fertility and Blueprint Prep both contribute to SDG 10 by promoting inclusion in reproductive health and educational access. Their commitment to affordability and accessibility helps reduce inequality within healthcare and educational services.
4. SDG 8: Decent Work and Economic Growth
   • inKind: By enabling businesses to support local nonprofits, inKind contributes to SDG 8, promoting sustained, inclusive, and sustainable economic growth and decent work for all. Their model encourages businesses to engage in social responsibility, fostering economic growth while supporting community development.
5. SDG 1: No Poverty
   • Warby Parker and DonorsChoose both indirectly support SDG 1 by providing essential resources like vision care and educational materials to underserved populations, thereby helping reduce the impact of poverty on health and education.
6. SDG 17: Partnerships for the Goals
   • All the companies highlighted work collaboratively with a variety of stakeholders, including local nonprofits, schools, and communities. This commitment to partnerships is key to SDG 17, which calls for strengthened global partnerships to support and achieve sustainable development goals.

These companies exemplify the growing role of businesses in advancing social good, and their actions demonstrate the power of socially responsible business practices in creating a more equitable, healthy, and inclusive world aligned with the SDGs.