What is a B Corp?
At The Green Lawyer, we like to de-code terms and definitions as simply as possible for you.
What does B Corp mean?
- A B Corp (Benefit Corporation) is a status which for-profit companies can achieve following an assessment by B Lab UK where, simply put, the business must prove it is actively doing ethical good in the world.
How do you become a B Corp?
- B Lab critiques the company’s governance (supply chains, transparency), workers, community (employee benefits, charity), environmental factors and their customers to build a score out of 200- you must score a minimum 80/200 to become certified. There are around 3,144 certified companies in the UK currently.
Weaving B Corp criteria into your business model:
- Our goal is to work with established businesses and start up’s alike, who are striving to achieve this B Corp status. Why? Because if your goal is to become a B Corp, then you likely want to do better for both people and the planet- we care about this greatly. However, it can be difficult to know where to start when weaving sustainable moves into your business model. This is where The Green Lawyer can help you- why not reach out to us for a quick chat to find out more? We can advise on commercial contracting but whilst wearing the added ‘hat’ of ‘how can this be made more eco?’
