Good Energy is now a B Corp
Good Energy was set up to enable people to choose renewable power for their homes and businesses. We are proud that our commitment to having a positive impact on people and planet has been recognised by becoming a B Corp. This makes us the only B Corp home energy supplier in the UK.
Read on to find out what it means to be a B Corp and how we achieved this huge milestone.
What is a B Corp?
B Corps are companies that meet very high standards of social and environmental performance, transparency and accountability.
Companies that truly prioritise purpose as much as profit and have been independently verified by B Lab to prove it.
Popular B Corp accredited brands include Fat Face, Tony’s Chocolonely, Triodos Bank and TOMS.
How do you become a B Corp?
To become a B Corp, companies need to go through a rigorous assessment that looks into the impact it has on its employees, community, customers and the environment. They’ll need to get at least 80 points in their impact assessment to achieve B Corp status and will have to recertify every three years – increasing their points each time.
We’ve had to provide evidence from all across the business, from our sustainability practices to governance and community giving. It’s truly been a team effort with everyone at Good Energy involved in this incredible achievement.
The average score of businesses that complete B Corp’s B Impact Assessment is 50.9. We scored a total of 118.5, more than twice the average. We rated particularly highly in the ‘Environment’ category due to the products and services we provide that help people to reduce their carbon emissions.
“To achieve B Corp status with a score of 118.5 is something we can all be very proud of. But we don’t plan to stop there. We now have a framework for continuous improvement.”
Cherish Jackson,
Sustainability Manager for Good Energy
Why is it important to us to become a B Corp?
We were set up 25 years ago with a clear purpose – to help homes and businesses to be part of the solution to the climate crisis. B Corp is the global standard for purpose-driven businesses. We’ve been working towards certification for several years and are thrilled to now be part of the B Corp community.
“The best businesses have a purpose beyond profit. And Good Energy’s has always been very clear — giving people the power to be part of the solution to climate change. So joining the unstoppable B Corp movement of purpose-led businesses is a fantastic way to celebrate our 25th year.
“As the only UK household energy supplier to be B Corp certified we are proud to be able to give customers the opportunity to choose an energy company which priorities people and planet alongside profit.”
Nigel Pocklington, CEO Good Energy