Pioneering purpose-driven finance in the hospitality industry.
This year, SilverChef proudly marks its 10th year as a Certified B Corporation. This milestone underscores our enduring commitment to social and environmental responsibility, ethical governance, and community impact.
In our latest recertification, SilverChef achieved its highest-ever B Impact Assessment with a score of 94.3, surpassing the minimum threshold (80) required for B Corp certification. This accomplishment reflects continuous improvements across key areas, including workers, customers, community, environment and governance.
Additionally, EconoLease has now joined the B Corp community, coming under the same banner as SilverChef for the first time. EconoLease are part of the global SilverChef Group, based in Canada and have been leading providers of hospitality finance in the region for over 30 years.
Understanding B Corp certification
Certified B Corporations are businesses that meet high standards of verified social and environmental performance, public transparency and legal accountability. The certification, administered by the non-profit B Lab, evaluates companies on their impact on all stakeholders – including workers, customers, suppliers, community and the environment.
B Corps in the hospitality industry
The hospitality sector has seen a growing number of businesses pursuing B Corp certification, recognising the importance of sustainable and ethical practices. Hotels and hospitality groups are implementing measures such as sourcing local and sustainable products, reducing waste, and engaging in community initiatives to meet B Corp standards.
SilverChef’s impact over the decade
Since its inception in 1986, SilverChef Group has supported nearly 90,000 hospitality businesses across Australia, New Zealand, Canada and the USA. By providing accessible financing options – including Rent-Try-Buy – SilverChef enables entrepreneurs to acquire essential equipment, with over 30% of our customers being those who might not qualify for traditional financing.
Looking ahead
As SilverChef enters its second decade as a B Corp, we remain dedicated to our mission of empowering hospitality businesses while upholding the highest standards of social and environmental responsibility. The inclusion of EconoLease under the B Corp banner further strengthens this commitment, expanding our positive impact across the industry.
For more information on SilverChef’s B Corp journey and impact, you can view our B Corp profile here.