B-Corp practices and policies
The practices and policies of B-Corp companies are designed to demonstrate their Corporate Social Responsibility (CSR) in order to:
- Promote a positive impact on society and the environment, in addition to generating economic benefits. This involves a commitment to the well-being of all stakeholders, including communities, employees, customers, and the natural environment.
- Fair labour practices: B-Corps promote living wages, solid benefits, and safe working conditions for all their employees. They also focus on diversity and inclusion, ensuring equal opportunities in the workplace. The ISO 45001 certificate and the equality plan are two examples of practices that can help us.
- Environmental responsibility: These companies adopt sustainable practices to reduce their carbon footprint and minimise their environmental impact, in line with the SDGs, ISO 14001 certification or EMAS. This includes energy efficiency, the use of recyclable materials and responsible waste management.
- Community engagement: B Corps build strong relationships with the communities in which they operate, often collaborating with local organisations, supporting social causes, and promoting regional economic development.
- Ethical governance: Policies of transparency and accountability in decision-making are implemented, including the publication of annual impact reports and the modification of their statutes to consider the interests of all stakeholders. You can achieve this with a GRI report.
- Customer-oriented innovation: B Corps develop products and services that meet market needs and also have a positive impact on the lives of consumers and society in general. The requirements of UNE 166002 or ISO 56002 are helpful.
Implementation phases
To achieve and maintain B Corp certification, you must:
- Assess your B Impact. Measure your impact in five key areas: governance, workers, community, environment, and customers. You must score at least 80 out of 200 points in this assessment.
- Commitments to all stakeholders, explicitly stated in the legal statutes for incorporation. This change ensures that the company prioritises the interests of its employees, the community and the environment, alongside its financial obligations.
- Transparency. B-Corp certified companies must publish an annual impact report detailing their performance in the areas assessed. This allows consumers and other stakeholders to understand the real impact of the company.
Companies must renew their B-Corp certification every three years. This involves undergoing a new impact assessment and demonstrating continuous improvements in their practices and policies.
We are your B-Corp consultancy
We offer comprehensive services covering all aspects necessary for B-Corp certification, from initial assessment and policy implementation to the preparation of the annual impact report.
Every company is different, so we customise and tailor our services to your specific needs. Thanks to our Microsoft 365-based methodology, we work closely with our clients.
Request a B-Corp quote or one related to Corporate Social Responsibility (CSR) tailored to your needs.