One of the most popular ways for businesses to demonstrate a high level of achievement in the environmental, social, and governance space is by becoming a certified B Corporation.
With over 2,000 B Corps now certified in the UK, B Corp is a global movement for businesses that want to legally consider the impact of their business decisions on their staff, customers, suppliers, community, and the environment.
This certification is widely recognised as an indicator that a business acts as a force for good and positively benefits the people and planet around them.
Helping Taylor Yates in achieving their B Corp certification
We supported Taylor Yates in their B Impact Assessment (BIA) and ensured they met the substantial legal requirements for achieving the certification.
Changing your business for the better
To become B Corp certified, a business must undergo a rigorous assessment process known as the B Impact Assessment (BIA), which measures various aspects of a company's operations in five key categories and they must be able to evidence these.
1. Governance
The governance category evaluates companies' social and environmental impact, ethics, and legal transparency. Companies must demonstrate a commitment to protecting their mission by incorporating legal requirements that embed a stakeholder-focused mindset that separates B Corps from other businesses.
2. How your company treats its workers
This category focuses on how a company supports its employees, including areas such as financial security, health and safety, employee wellness, career development, and satisfaction.
3. Your impact on the community
Companies are evaluated on their impact on the community, including diversity, equity, and inclusion efforts, economic impact, community engagement, and supply chain practices.
4. Your impact on the environment
This category assesses a company's environmental management practices and their overall impact on the environment.
5. Your customers
The final category evaluates a company's relationship with its customers, including the quality of products and services, ethical marketing practices, data privacy and security, and feedback mechanisms.