B Corp: More Than a Certification – A Movement of Companies using Business as a Force for Good

In a world where the importance of sustainable business practices is more evident than ever, companies are seeking meaningful ways to demonstrate, structure and improve their commitment to social and environmental responsibility. In the landscape of sustainability-related labels that reward companies engaged in sustainability, the B Corp certification stands out thanks to the high standards it sets, and its strong community component. 

Picture Source: Nespresso

In November 2023, four B Corps held a “B Corp & Sustainability Masterclass” at the IGEHO fair in Basel. These four sustainability leaders are Planted, Chef Gourmet, Beauty Disrupted, and Nespresso. For an hour, they shared their insights into the sustainability challenges and opportunities in the hospitality industry, and on the learnings from their B Corp Certification journeys. This article captures the essence of the Masterclass, and presents the business case for social and environmental impact, for joining the B Corp Movement in Switzerland, the impact it had on their operations and business models, and the actions they’ve taken to foster their sustainability performance. It surely illustrates how the B Corp Movement is designed to become a catalyst for positive change towards an economy that balances profit with people and the planet.

Why B Corp? A Holistic Framework for Impact Improvement

A central piece of the B Corp approach lies in its holistic framework. It enables companies to assess the impact of their business on all their stakeholders (e.g. workers, suppliers, environment), and to create a coherent sustainability strategy accordingly. This is not just about ticking boxes; it’s about creating a structured path for continuous improvement towards sustainability. Planted, the 2023 newly B Corp certified FoodTech Startup that produces clean-label plant-based meat, highlighted how the certification process served them as a framework to map the impact of their activities on their stakeholders and structure their sustainability efforts. 

A True Movement

In the jungle of existing sustainability programmes and certificates, B Corp is recognised for its comparatively high standards as well as its emphasis on the community aspect. Striving to create systems change, it challenges companies to look at the bigger picture regarding the role of businesses in driving a sustainable economy. Achieving the B Corp certification means joining a community of companies dedicated to bringing benefit not just to shareholders, but all business stakeholders. From transforming individual companies, B Corp has grown into a movement committed to using business as a force for good. 

The CEO of Chef Gourmet, Arthur Brault, emphasised this collaborative aspect of the B Corp Movement, illustrating how businesses can thrive together through shared values.

 

The other speakers also pointed to increasing pressure from their clients, employees and other stakeholders to showcast how they are effectively moving towards more sustainable business practices. Once a B Corp, they themselves seek collaborations along their supply chain with other B Corp-certified players. For example, Planted mentioned that when they entered the UK market, they received requests to prove their sustainability efforts specifically with B Corp certification.

Tangible Returns on Investment

Taking Data-Driven Decisions

B Corp Planted also emphasised the tangible returns on investment of the certification. The certification process requests a solid data baseline and the mobilisation from many team members, which in turn helps to identify promising business opportunities and strongly fosters employee engagement and motivation. Additionally, the investment in B Corp certification becomes a strategic move that pays off in strengthening existing and allowing new customer and supplier relationships on a global scale.

Credibility and Competitive Advantage

Chef Gourmet saw a high return on investment with all their stakeholders as the B Corp certification pushes the credibility of a company’s sustainability efforts towards customers as well as suppliers signaling a genuine commitment to sustainable business practices. Nespresso also highlights the direct response from the B Corp Community, emphasising that B Corp opens the door to collaboration across competitors and gives companies the momentum to initiate true change within their organisations. For example in Switzerland, Nespresso opened the recycling system they implemented in 1991 with Group Barec to competitors across the industry, to make recycling easier for consumers and increase the recycling rate in Swiss industry.

The benefits of mobilising and investing resources into the B Corp certification are thus manifold.

In conclusion, the insights shared by these industry leaders make a compelling case for embedding sustainability as a core part of the business strategy. Joining the B Corp Movement is one approach towards this end. It unleashes a positive and transformative force that supports businesses into using business as a force for good. Today, sustainability can not be just a buzzword anymore: it is a prerequisite for success. 

The B Corp Movement is an invitation for companies to join a community of like-minded businesses, creating a more inclusive, equitable, and regenerative economic system for all.

B Lab is a non-profit transforming the global economy to benefit all people, communities, and the planet. 

Interested in joining the B Corp movement?

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