Tag: B Corp

Preliminary Consultation Suggests New B Corp Standards Are Ambitious yet Attainable

Stuart Mitchell

A report released by B Lab suggests that draft new standards for B Corp certified companies, currently in development, represent an ambitious yet attainable goal for business leaders looking to be a force for good. The report, which outlines feedback from a consultation conducted by B Lab in late 2022, reveals that of a sample of over 1,000 businesses, public and academic stakeholders: 86% of B Corp respondents and 87% of non-B Corp respondents think the new draft standards represent high standards for social and environmental performance and will help…

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UK public seek out ‘good’ businesses but lack trust over claims

Stuart Mitchell

New research has revealed that 80% of the UK public would favour shopping from companies that are doing good for people and the planet, yet only 22% find it easy to identify whether a company means what they say when considering buying from them1.  The data is released as over 1,200 UK businesses, known as Certified B Corporations (or B Corps) celebrate this year’s B Corp Month by demonstrating how they go beyond business norms to transform the economic system for the better. The ongoing climate crisis and widening social…

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Update regarding B Lab’s moratorium on new B Corp Certifications for any entities, including subsidiaries, operating in Russia and/or Belarus (2)

Stuart Mitchell

In March 2022, B Lab imposed a moratorium on certifying companies operating in Russia and Belarus in reaction to the invasion of Ukraine. As part of this moratorium, B Lab acknowledged and recognized the fact that “business as usual” has been maintained through acts of war and humanitarian crises around the world, including conflict and invasions instigated by the U.S. and its allies. This was a moment to reaffirm the improvement of B Lab’s standards from the standpoint of justice, equity, diversity, inclusion, and human rights for all similar circumstances. …

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edie launches new explains guide on how businesses can become a B Corp

Stuart Mitchell

edie has published a new Explains guide for businesses, listing all the key steps, considerations and benefits for organisations that are aiming to become a certified B Corp. B Corp is a certification initiative whereby non-profit B Lab verifies companies across the globe to showcase that they are meeting the highest environmental and social performance standards, not only through their product or service, but across all aspects of their internal and external practices. There are more than 1,100 B Corps in the UK across 58 industries. Collectively, these companies employ…

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Baileys is B Corp certified, the largest global spirits brand to join the B Corp movement to date

Stuart Mitchell

Baileys has announced it is B Corp certified, the largest global spirits brand to join the B Corp movement to date. Demonstrating it is a business committed to positive change, B Corp certification is a designation that as a business, Baileys is meeting high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials. In the rigorous certification process across Customers, Governance, Workers, Environment and Community, Baileys highest scoring impact areas are Workers and Environment. This globally recognised…

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