Understanding B Corp

Take your business to the next level in ESG credentials by becoming a B Corp.

To achieve this esteemed accreditation, you’ll undergo a thorough independent verification process to make sure your business meets the highest standards of social and environmental performance.

B Corps are legally accountable to balance profit and purpose, making a positive impact on the world.

B Corp is more than just a label. It’s a commitment to actively using your business as a force for positive change. By becoming B Corp, a business demonstrates its dedication to its people, clients, community, and the environment.

Factotum’s Head of ESG, Anna Stanley says, “B Corp is one of the most powerful ways to showcase your company’s values and commitment to making a difference. However, the application process is thorough, demanding and requires a deep commitment to ESG (Environmental, Social, and Governance) and good business. That’s where we come in. We guide companies through the application process and work with you to get your business B Corp ready.”

Did you know?

B Corp Is Open To All Anyone can use the free B Impact Assessment tool, which helps establish your company’s ESG (Environmental, Social, and Governance) baseline. It’s an excellent starting point for developing a strategy to improve your impact. 

It’s More Than a Rubber Stamp Becoming a B Corp is a rigorous process. It involves a comprehensive review of your business, which is then independently verified by B Lab. This ensures that becoming a B Corp isn’t merely a rubber stamp, but a genuine commitment to sustainable business practices, and it’s one of the things that makes certification so sought after.

Being A B Corp Isn’t a Destination, It’s A Journey Initial certification is just the start of the process, and keeping certification requires continuous growth and improvement. Companies re-certify every three years, encouraging ongoing progress. So, it’s not about asking yourself, “What should I do?” but rather, “What could I do?” The possibilities for positive change are endless.

Contact our ESG & B Corp team to discover how we can help you drive your business’s positive impact and ESG strategy.