Discover what a B Corporation is and the benefits of becoming one. Learn how B Corps are committed to using business as a force for good, attracting like-minded customers and investors, and positively impacting the world.
Follow our step-by-step guide to becoming a B Corp and start your journey towards a more sustainable and equitable future.
Why become a B Corp?
Demonstrate your commitment to social and environmental responsibility:
As a B Corp, you are committed to positively impacting the world and the people and communities you serve.
Attract like-minded customers:
Customers increasingly seek companies that align with their values and priorities. Being a B Corp can help you attract socially conscious customers who want to support businesses prioritising sustainability and ethical practices.
Access to funding:
Many investors are looking to put their money into companies prioritising social and environmental responsibility. Being a B Corp can make you more attractive to these investors and potentially increase your access to funding.
Attract top talent:
Many job seekers are looking for employers who share their values and offer opportunities to make a positive impact. Being a B Corp can help you attract top talent passionate about social and environmental responsibility.
Stand out in a crowded market:
As more companies begin to prioritise social and environmental responsibility, it can be hard to stand out in a crowded market. Being a B Corp can set you apart and help you differentiate yourself from your competitors.
Network with like-minded businesses:
Becoming a B Corp gives you access to a community of like-minded businesses committed to making a positive impact. This can lead to networking opportunities and potential collaborations.
Public recognition:
As a B Corp, you can use the certification as a marketing tool to showcase your commitment to social and environmental responsibility. This can lead to positive press and media coverage.
Accountability and transparency:
B Corps must meet high accountability and transparency standards as part of the certification process. This can help you build trust with customers and stakeholders.
Continuous improvement:
B Corps are committed to constant improvement and are required to recertify every three years. This can help you stay focused on your social and environmental goals and continue to make progress over time.
Make a positive impact:
At the end of the day, being a B Corp is about using your business as a force for good. By becoming a B Corp, you can positively impact the world and be part of a movement that is working towards a more sustainable and equitable future.
How to become a B Corp?
To become a B Corp, you must complete the B Impact Assessment, which evaluates your company’s impact on workers, customers, the community, and the environment. To become certified, you’ll need to score at least 80 points out of 200.
Once certified, you’ll need to sign the B Corp Declaration of Interdependence and pay an annual fee based on your company’s revenue. You’ll also need to recertify every three years to maintain your B Corp status.
Becoming a B Corp is a great way to demonstrate your commitment to social and environmental responsibility, attract like-minded customers and investors, and positively impact the world.
It’s a rigorous process but well worth the effort for companies committed to using business as a force for good.
