L’OCCITANE Is Now a CERTIFIED B CORP™!
L'OCCITANE proudly announces their official certification as a B Corp™ company.
WHAT IS B CORP™?
B Corp™ is a global movement that encourages companies to work towards a more equitable, inclusive and regenerative economy. A community of businesses who are committed to improve their social and environmental impact .
WHY BECOME B CORP™? It is a recognition of our commitments to society, people and the planet!
What It Means To Become B Corp™ Certified
B Corp™ certification is awarded to companies that meet rigorous standards of social and environmental performance, accountability, and transparency. A global movement that’s recognised in over 50 countries, B Corp™ is transforming business practices to positively impact people’s lives and the planet, inspiring them to act for the collective good. Receiving certification is a marker that a business is meeting the highest standards of performance, accountability, and transparency on factors such as employee benefits, charitable giving, supply chain practices and input materials.
To achieve certification a company must:
- Demonstrate high social and environmental performance by achieving a B Impact Assessment score of 80 or above.
- Make a legal commitment by changing their corporate governance structure to be accountable to all stakeholders, not just shareholders, and achieve benefit
corporation status if available in their jurisdiction
- Exhibit transparency by allowing information about their performance measured against B Lab’s standards to be publicly available on the B CORP™ profile and B Lab’s website
Furthermore, by becoming certified, B Corps are obliged to continuously strive for improvement. Companies must undertake the assessment and verification process every three years, leading to long-term resilience and ensuring requirements are continuously met to stay up-to-date and in line with the criteria to maintain their B Corp™ status.
