Mightybytes 2020 Impact Report

Here’s how Mightybytes created positive social and environmental impact in 2020.

Mightybytes 2020 Impact Report

A global pandemic, an economic meltdown, increased racial tension, the rapid spread of misinformation, growing complications due to global warming—2020 made running an impact-driven small business challenging while also reminding us that our work has never been more important. Here’s how Mightybytes maintained our commitment to purpose alongside profit during a demanding year.

Stakeholder Governance

B Corporations legally expand their fiduciary duty-of-care to include care for people, care for communities, and care for the natural world on which all life depends. That is what makes B Corps more trusted and more attractive to people who want to work for, buy from, and invest in companies that reflect their values.

— Jay Coen-Gilbert, Co-Founder, B Lab

Stakeholder Governance in 2020

As a Certified B Corp and Public Benefit Corporation, Mightybytes is legally bound to consider stakeholders—workers, community, customers, the environment, etc.—in business decisions.

Stakeholder governance—a cornerstone of the B Impact Assessment—influences every facet of our business. Here are some examples from 2020:

Climate Justice & the Environment

You are directly supporting our efforts to solve complex environmental challenges throughout the Midwest. Delta Institute’s work is wide-ranging, and impacts communities of all sizes…Thank you for helping us make our home healthier and more sustainable.

— Delta Institute

Climate Justice in 2020

What you do to the planet, you do to the people. If we’re going to address the existential crisis of our times, climate justice must be at the heart of every company’s business strategy.

Here’s how Mightybytes supported climate justice and environmental advocacy in 2020:

Social Impact

Your support allowed us not only to continue our essential programming for our Greater Englewood community during the pandemic—but adapt and expand as well.

— Growing Home

Social Impact in 2020

Companies have a critical role to play in designing a more inclusive and equitable future. The B Corp movement is at the forefront of this work.

In 2020, here’s how we created positive social impact through our business:

Making a Difference for our Stakeholders

With ten years of operating as a Certified B Corp and eight as an Illinois Public Benefit Corporation, we take our role in building a more regenerative, equitable, and inclusive economy very seriously. If you have any questions about how we balance purpose and profit or if you would like to explore doing the same at your organization, please feel free to contact us. We would love to chat with you. 

It is my opinion that Mightybytes has acted in accordance with its general public benefit purpose under the Illinois Benefit Corporation Act and that the directors and officers of Mightybytes have complied with their duties under Sections 4.01(a) and 4.10(a) of the Act, respectively. I have received no compensation for Benefit Director tasks. The board’s powers or discretion have not been restricted or dispensed with in any way.

Jeff Yurkanin, Benefits Director & Officer
Mightybytes, 4001 N. Ravenswood, Suite 404, Chicago, IL 60613