Tuesday, January 15, 2019

Northern Savings hails its B Corp certification

Northern Savings has added Certified B corporation status to
its corporate culture at all locations

Northern Savings, the Prince Rupert based Financial institution that serves the Northwest and Haida Gwaii is hailing its status as a Certified B corporation,  an achievement that finds Northern Savings joining a global movement of people who use business as a force for good.

To gain the certification, those companies that apply must meet the highest standards of overall social and environmental  performance, transparency and accountability, and aspire to use the power of business to solve social and environmental problems.

With their B Corp Certification, they now join more than 2,600 similarly certified corporations,
spanning over 150 industries in 60 countries, they collectively are united in one goal, that of redefining success in business.

Acquiring the B Corp certification is along the same lines of receiving a Fair Trade certification, but as Northern Savings notes it's something that wraps itself around the entire business and not just product offerings.

Northern Savings outlines some background as to why they chose to become a B Corporation here, noting how the vision of B Corp certification aligns with their own vision statement of 'neighbours helping neighbours to build sustainable communities'

They also note that any business has the opportunity to become a Certified B Corp company, with the first step that of taking an Assessment to see if the program fits with your own corporate goals.

You can learn more as to whether you and B corp certification make for a good match here.

For more items of interest related to the Northwest Business sector see  our archive page here.

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