Update to the fees for Pending B Corps
Active from 1st November 2022
From 1st November 2022, the fee for Pending B Corps’ 12-month membership of the B Corp community will be updated from £250 to £500. This change has been made to adjust to an increase in our costs earlier in the year.
Since our launch in 2015, this is the first time we are reviewing the fees for Pending B Corps but it is a decision we have taken now to ensure we can continue to deliver the same level of service to our companies.
Those companies that have already submitted their assessment, and those that submit their assessment for Pending B Corp status prior to 1st November, will remain on the previous fee structure for their 12-month term.
Pending B Corps are a vital part of the B Corp movement and are some of the most innovative and diverse businesses in our community, and we look forward to continuing to work with these companies in the future.
FAQs
-
With costs to businesses increasing, why is the price going up now?
We realise the timing might be difficult for some companies, however we have not raised certification fees in the UK since our launch in 2015. This change has been made to adjust to an increase in our costs earlier in the year.
-
I have submitted my assessment for Pending B Corp, what price will I pay?
Those companies that have already submitted their assessment will remain on the previous fee structure for their 12-month term.
-
Why should companies become Pending B Corps?
Pending B Corp status helps startups to make a commitment to people, planet and profit. By meeting the B Corp Legal Requirement early on, founders are able to lock in the mission of their company. Furthermore, using the B Impact Assessment can give you ideas for how you want to stick to your purpose and operate your business as it grows.
Pending B Corps are active members of the B Corp community and the majority go on to become Certified B Corps at the end of their term.
-
Our company can no longer afford to be a Pending B Corp. What else can we do to get involved with the B Corp movement in the UK?
Thanks for your interest in the B Corp movement. We recommend you continue to measure and manage your impact using the B Impact Assessment, and explore other tools including the SDG Action Manager.
B Lab UK creates and distributes knowledge, tools and transformative campaigns to inspire learning, accelerate action and drive systems change. Learn more about the resources available and the ways every business can take action.
-
How can I use the Pending B Corp logo?
Companies can use the Pending B Corp logo once their Pending B Corp assessment has been submitted, verified and formally approved by B Lab. You can use the Pending B Corp logo for the duration of the 12-month term. Please note that the Pending B Corp logo cannot be used by companies who have submitted an assessment and are waiting to receive their full B Corp certification