New
February 19, 2024

What is BCORP Certification?

B Corp certification is a respected designation for businesses that adhere to high standards of social and environmental performance. Certified B Corporations are dedicated to leveraging their business for good, striking a balance between profit and purpose, and generating a positive impact for all stakeholders.

B Corp Businesses: A Force for Good

Overview of B CorpCertification

B Corp certification is a prestigious designation that recognizes businesses that meet high standards of social and environmental performance. Certified B Corporations are committed to using their business as a force for good, balancing profit with purpose and creating positive impact for all stakeholders.

Benefits of Bcorp Certification

  • • Social Impact: B Corps are committed to addressing social and environmental issues, such as poverty, climate change, and inequality, using their business as a catalyst for positive change.They leverage their collective voice to advocate for systemic change.
  • Sustainability: B Corps are dedicated to sustainable practices, minimizing their environmental footprint and promoting resource conservation. From meticulously tracking their carbon footprint to implementing zero-waste initiatives, they minimize their environmental impact at every stage. B Corps hold their suppliers accountable, too, ensuring ethical sourcing and fair labor practices throughout their entire value chain.
  • Transparency: B Corps are transparent about their social and environmental impact, providing clear and accessible information to consumers and stakeholders. They use standardized metrics, track progress rigorously, and share results publicly. This ensures they're making a tangible difference and hold themselves accountable.

B Corp Certification Requirements

To achieve B Corp certification, companies must undergo a rigorous assessment process that evaluates their performance in five areas:

  • Governance: Companies must have a corporate structure that is designed to create a positive impact, with a focus on long-term value creation and stakeholder engagement. B Corps embrace a stakeholder model, where decisions consider the impact on employees, communities, and the environment alongside profit. They have strong ethical codes, transparent decision-making processes, and diverse boards that reflect their values.
  • Workers: Companies must treat their workers fairly and provide them with opportunities for growth and development, fostering a positive and inclusive work environment. B Corps offer fair compensation, benefits, and opportunities for professional development. They foster a culture of inclusion, respect, and employee well-being. Examples include flexible work arrangements, parental leave policies, and training programs that empower employees to reach their full potential.
  • Community: Companies must engage with their communities in a meaningful way, contributing to local economic and social well-being They actively engage with the communities they operate in, supporting local businesses, creating jobs, and investing in social initiatives. B Corps partners with education programs, fund community events, and host volunteer initiatives that build stronger, more vibrant communities.
  • Environment: Companies must demonstrate a commitment to environmental sustainability, implementing practices that minimize their environmental impact and promote resource conservation. B Corps focus on sustainability for all parts of the supply chain including waste reduction programs, carbon offset initiatives, and products designed for recyclability or circularity.
  • Customers: Companies must build transparent and ethical relationships with their customers, ensuring fair pricing, product safety, and responsible marketing practices. B Corps build trust with their customers by prioritizing transparency and ethical practices. They offer fair pricing, ensure product safety through rigorous testing, and avoid misleading marketing.

Corp Planet Certification Process

To obtain a B Corp certification, a business must do the following:

  • Application: Companies must submit an application to B Lab, the non-profit organization that administers B Corp certification.
  • B Impact Assessment (BIA): Companies complete a comprehensive BIA, which evaluates their social and environmental performance across the five impact areas.
  • Verification: B Lab verifies the BIA submission, reviewing documentation and conducting interviews to ensure accuracy and completeness.
  • Certification Review: The B Corp Certification Committee reviews the BIA and verification results, determining whether the company meets the required standards.
  • Certification Issuance: Upon successful completion of the assessment process, the company receives B Corp certification, valid for three years.

Notable B Corp Certified Businesses

A wide variety of companies have achieved B Corp certification, such as:

  • Patagonia: Patagonia champions environmental activism and social justice. From recycled materials to gear repair programs, they strive for sustainability and responsible production.
  • tentree: Plant a tree with every purchase! tentree partners with global organizations to reforest areas in need, making fashion green one seed at a time.
  • Fair Indigo: Ethical trade is at the heart of Fair Indigo. Collaborating with Indian artisans, they create beautiful clothing while ensuring fair wages and working conditions.
  • Mate the Label: Dive into sustainability with Mate's eco-friendly swimwear. Recycled materials and responsible practices minimize their environmental footprint, while empowering women is another key focus.

Conclusion

B Corp certification represents a transformative movement towards a more sustainable and equitable economy. By choosing B Corp certified products and services, consumers can empower businesses to operate responsibly and create a positive impact on the world.