Sophoi is officially a Certified B Corporation™!
Sophoi's core purpose is to have a positive social and environmental impact so we found a natural alignment with the B Corp movement, a growing group of companies reinventing business by pursuing purpose and profit.
Sophoi provides monitoring, evaluation, research and learning expertise to help people and organisations generate new knowledge, learn and change. Now Sophoi is part of a community that values high standards of sustainability and accountability certified by B Lab, the not-for-profit behind the B Corp movement, having met rigorous social and environmental standards representing its commitment to goals outside of shareholder profit.
What is a Certified B Corp?
Certified B Corporations™ are for-profit companies that use the power of business to build a more inclusive and sustainable economy. They meet the highest verified social and environmental performance standards, transparency, and accountability. B Corps are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy.
Sophoi's journey to certification
As a small (micro!) business, we had an exciting journey assessing our own impact, a change from evaluating the impact of far larger organisations and foundations. The B Corp certification process involves assessing the business as a whole, covering five key impact areas of Governance, Workers, Community, Environment and Customers. The certification process is rigorous, with applicants required to reach a benchmark score of over 80 (Sophoi's score is over 100) while providing evidence of socially and environmentally responsible practices relating to energy supplies, waste and water use, worker compensation, diversity, and corporate transparency.
The most important part of the certification was when Sophoi embedded our commitment to purpose beyond profit in our company articles.
The B Team Community
We're now part of a community of 4,000 businesses globally that have been certified as B Corps. The B Corp community in the UK, representing a broad cross-section of industries and sizes, comprises over 400 companies and include well-known brands such as The Guardian, innocent, Patagonia, The Body Shop and organic food pioneers Abel & Cole. So we're really punching above our weight!
Chris Turner, Executive Director of B Lab UK, says, "We are delighted to welcome Sophoi to the B Corp community. This is a movement of companies who are committed to changing how businesses operate and believe business really can be a force for good. We know that Sophoi is going to be a fantastic addition to the community and will continue driving the conversation forward".
Putting Words into Action
With environmental and social impact measurement gaining prominence across sectors, we're proud to be a company that supports organisations to understand and improve their social and environmental impact while also holding ourselves to the highest standards of accountability and transparency. Sophoi is committed to maintaining our certification and increasing our ambitious sustainability goals as we grow.
We'd be happy to share our experience becoming a B Corp with other small (or large) businesses considering taking this vital step towards becoming a more purpose-oriented business and contributing to an inclusive and sustainable economy.