B Corp certification allows companies to make their social and environmental contribution measurable and demonstrable.
Find out exactly what this certification entails and why it can be a valuable pursuit for organizations looking to become more sustainable in this blog.
What is B Corp?
B Corp stands for ''Benefit Corporation'' and is an international certification for companies that want to create value for people, the environment and society in addition to profit. The B Corp certification assesses companies based on their social, environmental and economic performance. The goal is to motivate companies to be not only the best in the world, but also the best for the world.
B Corp's five areas of assessment
To become B Corp-certified, companies must meet high standards in the following five areas:
- Environment: Companies are evaluated on their environmental performance, such as carbon reduction, sustainable resource use and responsible waste management.
- Employees: A healthy work culture is important. B Corp assesses issues such as fair pay, job security, employee well-being and opportunities for development.
- Customers: Products and services must be ethical and add value. Customer satisfaction and transparency play an important role in this.
- Community: Engagement with the local community is measured, for example, support for local initiatives and promotion of diversity and inclusion.
- Governance: Transparency and responsible governance. Consider ethical policies, legal compliance and a clear mission beyond just making a profit.
How does certification work?
The certification process begins with completing the B Impact Assessment (BIA). This is a comprehensive questionnaire that provides insight into performance in the five assessment areas. A minimum score of 80 points is required to achieve certification.
After certification, companies are expected to undergo a reassessment every three years. This ensures continuous improvement and encourages companies to increase their impact.
B Corp in figures
Since its founding in 2006, B Corp has grown into a global movement with more than 9,000 certified companies in more than 100 countries. Well-known brands such as Patagonia, Tony's Chocolonely and Ben & Jerry's have achieved certification.
In the Benelux, more than 480 B Corps are active, including several Belgian and Dutch companies. For example, Belgian chocolatier Belvas is B Corp-certified; the company is known for its organic and fair trade chocolate. A well-known example from the Netherlands is Dopper, which produces reusable water bottles to reduce plastic waste.
Why is B Corp relevant in today's economy?
Consumers, investors and employees increasingly value companies that take responsibility and contribute to a better world. B Corp provides concrete tools and shows that positive impact and profitability can go hand in hand. It supports companies in achieving environmental and social goals and encourages responsible business practices.
Meer weten?
Milgro has also applied for its B Corp certification, and expects to receive it by the end of 2025. Read more about Milgro's vision on this in this blog.
Stay Informed
Want to stay updated on all the latest developments? Follow us on LinkedIn and Instagram or subscribe to our newsletter. Curious about how Milgro can enhance your business operations and waste management process? Get in touch with us.
