Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
modern glass buildings SBI 300931532 1 - Business Express

Flexible workspace specialist x+why certifies as a B Corporation

20th September 2021: Flexible workspace specialist, x+why has announced today its certification as a B Corporation (or B Corp), joining a growing group of companies reinventing business by pursuing purpose as well as profit. x+why has been certified by B Lab, the not-for-profit behind the B Corp movement, as having met rigorous social and environmental standards which represent its commitment to goals outside of shareholder profit.

The B Corp certification addresses the entirety of a business’ operations and covers 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 while providing evidence of socially and environmentally responsible practices relating to energy supplies, waste and water use, worker compensation, diversity and corporate transparency. To complete the certification, the company will legally embed their commitment to purpose beyond profit in their company articles.

x+why is now part of a community of 4,000 businesses globally who have 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.

Phil Nevin, co-founder at COO of x+why, says: “Becoming a B Corporation was fundamental to x+why, and we are thrilled to have now certified. For us, this is the beginning, not the end, of the journey, and we are excited to use our certification as a powerful tool to create a forward-thinking, equitable and sustainable business that hopefully inspires others to also use business as a force for good.”

“All our spaces are designed and operated as industry-leading green workspaces, with every element designed in collaboration with purpose-driven brands. The spaces are not just for charities or not-for-profits, they are aimed at any person or business who is committed to a more impactful and positive way of working.”

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

x+why is fast becoming the home of purpose driven business, already counting several B Corporations as members including B Lab themselves, Bethnal Green Ventures, Birdie and Toast Ale. The member engagement program that x+why run is also focused on helping inspire and progress businesses toward better practices. Their exclusive WhyB Programme is four sessions hosted at x+why’s People’s Mission Hall in partnership with B Lab UK, and is designed to motivate and guide businesses as they complete their B Impact Assessment (BIA) – the key to unlocking the coveted B Corp Certification.

Chris Turner, Executive Director of B Lab UK says “We are delighted to welcome x+why to the B Corp community. This is a movement of companies who are committed to changing how business operates and believe business really can be a force for good. We know that x+why are going to be a fantastic addition to the community and will continue driving the conversation forward”.

“We are pleased to have B Corps of all shapes and sizes as part of our community – from startups to multinationals and across many different industries. Business is a powerful force and B Corps demonstrate that you can do good in any sector. Welcoming x+why is an exciting moment because they have an opportunity to lead the way within the commercial real estate industry. We and the rest of the B Corp community are really pleased to support x+why in paving the way for a new way of doing things”.

x+why is one of the first businesses in the real estate sector to qualify as a B Corp and hope to lead the way for others, Phil Nevin comments: “The built environment is responsible for around 40% of the UK’s carbon footprint. Since the real estate sector is such a large emitter, we hope our qualification will inspire other members of the industry to redefine success in their business to be as much about people and planet as it is about profit.”

Recent Post: