If you're a new business owner with a passion for positive change, becoming a Pending B Corp is your invitation to be part of a global movement that's redefining business success. It's your chance to balance profit with purpose, growth with ethics, and innovation with responsibility.
Starting a business is one of the most exciting and scary experiences that many people will have, myself included. It's a rollercoaster ride of the biggest highs and the deepest lows filled with twists and turns as rarely do things go as originally planned. It's busy, it's thrilling, it's exhausting.
Many entrepreneurs have a vision to do things differently, to combine financial success with social and environmental responsibility which is why we at Realise Change are seeing more people interested in B Corp certification. Certifying as B Corp takes time and energy which isn't always compatible with new businesses where resources are tight and you don't know if your passion can be financially successful.
This makes total sense, but there is a way for new businesses to demonstrate their commitment to social and environmental responsibility and express their commitment to becoming a B Corp in future. They can become a Pending B Corp.
What is Pending B Corp Status?
Pending B Corp Status is like a bridge that connects your business aspirations with the B Corp movement. It's designed for businesses in operation for less than 12 months that are committed to becoming a Certified B Corp but want to take their time to align their practices with the rigorous B Corp standards before making the full commitment.
How Does Pending B Corp Status Work?
Pending B Corp Status offers your business a unique opportunity to gain insight into the B Corp framework while you work towards meeting the certification requirements. During this phase, you can assess your company's social and environmental impact, refine your operations, and make the necessary adjustments to align with B Corp standards. It's like having a roadmap that guides you towards a more sustainable and socially responsible future.
Benefits of Pending B Corp Status
Marketplace Credibility: Displaying your Pending B Corp status proudly demonstrates your commitment to ethical business practices. It signals to consumers, partners, and investors that you're dedicated to making a positive impact.
Flexibility and Learning: The pending status allows you to implement changes at a pace that suits your business's growth trajectory. You'll have the time to learn, adapt, and fine-tune your operations while integrating sustainable practices.
Community and Networking: Becoming a Pending B Corp connects you with a community of like-minded businesses, mentors, and resources. It's a chance to engage in meaningful conversations, share experiences, and learn from others who are also on the journey towards sustainable success.
Strong Governance: Pending B Corps, like certified B Corps must adopt a legal structure that protects their mission and brand equity.
Connect with us to find out more
Curious to learn more or start your Pending B Corp status journey? Connect with Kathryn at Realise Change today. Kathryn specializes in assisting businesses like yours in their journey toward sustainability and responsible practices. With a wealth of knowledge she can help you understand the B Corp framework, develop a tailored plan, and provide the support you need to reach your goals.
About the Author
Kathryn is the founder of Realise Change, a B Corp certification and HR consulting practice helping SME leaders and entrepreneurs build profitable, people and planet-focused businesses.
With nearly 2 decades of global corporate HR experience, and her passion for sustainability, Kathryn's expertise and knowledge provide a valuable resource for business leaders to build forward-thinking, resilient practices that are aligned with the highest standards of social, governance and environmental standards set by B Corporations globally.
Kathryn is recognized by clients as a true business partner, working hand-in-hand with business leaders toward a successful outcome. Connect with her here
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