What is B Corp month?
Every year, throughout March the global B Corp community comes together to celebrate the companies and organisations committed to using the power of business to transform the global economy to benefit local communities and the wider environment.
This year’s theme is Behind the B – showcasing what it means to have the B Corp logo attached to your business.
A global movement
We are proud to be a part of a global movement of 4,200 B Corps in 76 countries and 150+ industries, who are all trying to actively make the world a better place through the way they treat their staff; help the community; are governed; improve the environment; and make customers’ lives better.
EQ is one of the UK’s founding B Corps. We recently recertified for the third time since becoming a B Corp in 2015. Our recent recertification score being 151 (out of 200) a whopping 55% increase on our previous score in 2017, we truly believe in using business as a force for good.
How do you become a B Certified company?
To achieve certification, all B Corps must complete a detailed impact assessment every three years. This looks at how we treat each of our main stakeholder groups (our clients, employees, suppliers, the communities where we operate, the environment) in detail.
Businesses must demonstrate high social and environmental performance by achieving a B Impact Assessment score of 80 or above and passing our risk review.
Make a legal commitment by changing their corporate governance structure to be accountable to all stakeholders, not just shareholders, and achieve benefit corporation status if available in their jurisdiction.
Exhibit transparency by allowing information about their performance measured against B Lab’s standards to be publicly available on their B Corp profile on B Lab’s website.
What does it mean to us to be a B Corp?
EQ’s mission has always been to improve our clients’ wellbeing through good financial planning and to connect capital to sustainable businesses by offering impact investing to everyone. Our B Corp certification signals to clients that we make choices by prioritizing and considering their social & environmental impact.
We are proud to be a part of the global B Corp community, which allows us to network and collaborate with other companies sharing similar values to us. By choosing to support B Corps, you can be sure you’re investing in a company that uses its business as a force for good.
Find out more by visiting bcorporation.uk [1]