Boldr Achieves Minority Business Enterprise Certification, Reinforcing Commitment to Social Impact
Boldr Achieves Minority Business Enterprise Certification
Boldr, a leading name in global outsourcing, has recently announced its certification as a Minority Business Enterprise (MBE) by the Southern California Minority Supplier Development Council (SCMSDC). This prestigious acknowledgment, which Boldr earned as of February 28, signifies not just a badge of honor, but a commitment to inclusivity, community investment, and strong ethical values. The certification is recognized within the National Minority Supplier Development Council (NMSDC) network, marking a significant milestone in Boldr's mission-driven journey.
Upholding Core Values in a Challenging Climate
David Sudolsky, Founder and CEO of Boldr, stated, "Now more than ever, companies must stay true to their values. In a climate in which inclusivity and community investment are being challenged, Boldr remains unwavering in our commitment to social impact." This statement underscores the dedication of Boldr to act as a beacon of ethical business practices in an era where such values are at risk of being overlooked.
The MBE certification is granted to enterprises that boast at least 51% minority ownership and is operationally controlled by minorities. By achieving this status, Boldr not only validates its commitment to fostering diversity, equity, and inclusion within its operational framework but also opens the door to new opportunities and partnerships that align with these values.
Opportunities for New Partnerships
Being an MBE-certified entity places Boldr in the NMSDC’s national database, enhancing its access to corporate procurement initiatives designed explicitly for minority-owned businesses. Deborah Hamill, Senior Vice President of People & Places at Boldr, commented, "Many companies actively seek diverse suppliers, and this certification showcases our commitment to do well by doing good. Organizations that prioritize social responsibility, justice, inclusion, and sustainable growth want a partner who demonstrates the same. Boldr cares – and that matters."
The recognition aligns with Boldr’s identity as a Certified B Corporation, further solidifying its leadership role in ethical outsourcing. By successfully merging their values of impact, innovation, and inclusivity, Boldr sets a high standard for socially responsible business process outsourcing (BPO). This initiative ensures that opportunities reach underrepresented communities across the globe.
Transparency and Responsibility
Sudolsky also highlighted that attaining MBE certification is not just about business achievement, but it is a furtherance of their mission to create equitable opportunities. By leveraging their status, Boldr is positioned to expand collaboration with organizations that prioritize diversity in their supply chains. This partnership strategy is vital as it can help them demonstrate effective supply chain inclusion.
"It is a testament to our commitment to impact-driven outsourcing and responsible business practices. Through our Theory of Change, we've shown how investing in team development, hiring through underrepresented channels, and upholding fair labor practices like 'living wage' directly benefits our communities, Boldr's bottom line – and the bottom line of our clients," said Sudolsky.
Ongoing Growth and Recognition
As proof of its impactful growth and operations, Boldr has made it to the 2024 Inc. 5000 list, recognizing the fastest-growing private companies in the U.S. This marks the third consecutive year that Boldr has achieved this notable recognition, a clear indication of its rising prominence and effectiveness in delivering high-quality services.
Boldr strongly believes that talent is distributed equally across the globe, but opportunity is not. They are intent on changing this paradigm, championing the cause of ethical outsourcing, and ensuring that all team members receive a living wage, regardless of their location.
As the largest global B Corp Certified BPO and the first certified BPO operating in the Philippines, Boldr is a fervent supporter of the Global Living Wage Coalition and the Living Wage Network, showcasing their larger commitment to social and environmental accountability.
In conclusion, Boldr’s recent MBE certification is much more than a recognition; it represents a pledge to uphold diversity, inclusivity, and ethical responsibility in the world of outsourcing. As they continue to build on this foundation, the impact of their mission will undoubtedly resonate in communities around the world, paving the way for a more equitable future.
For further insights about the impact Boldr is making, one can check their 2023 Impact Report.