What is a B Corp?

May 9, 2023
Clock Icon 5 min read

High Speed Training is officially a B Corp!

But what exactly does this mean, and how does a company achieve the certification?

B Corp Certification is administered by a global not-for-profit called B Lab. Since 2006, over 6,000 businesses worldwide have been B Corp certified, with over 1600 in the UK.

This means that the company meets B Lab’s high standards for social and environmental impact, showing dedication to caring for their staff, their communities, their stakeholders, and the planet.

High Speed Training has been verified by B Corp following a wide-ranging assessment of their working practices, including their approaches to staff wellbeing, impact on wider communities, customer satisfaction and environmental impacts. You can learn about High Speed Training’s Force for Good work here.

Companies are scored on 5 categories. The score needed to achieve certification is 80 points. 

  • Governance evaluates a company’s overall mission, engagement around its social/environmental impact, ethics, and transparency. 
  • Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction.
  • Community evaluates a company’s engagement with and impact on the communities in which it operates, and hires from, including D&I practices and charitable giving.
  • Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. 
  • Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels.

When assessed on these categories, High Speed Training achieved a score of 100.5, scoring particularly highly on our dedication to supporting our staff and our customers.

Discover our full B Corp Impact score here and watch our video below to learn more about how we got here:

We are honoured that High Speed Training has become part of the B CorpTM family. It’s testament to the years of hard work that have gone into building a customer-focused company that truly values its employees and the wider communities that we are a part of.

More and more, people are looking to organisations to prove that they are making positive choices, choices that protect their customers, their employees and the environment. We’re incredibly proud of the culture that has been built here over the last 15 years, and achieving B Corp status shows our commitment to continuing this journey.

For us, a successful business is one that has people at its heart, whether that is our colleagues and the communities we live in, or each and every one of our 2.5million learners. Being recognised as a TM aligns so closely with our values as a business – it’s a goal that we always wanted to achieve. To be able to join the community of thousands of like-minded businesses worldwide is a real privilege.

Dan Jordan, Founder of High Speed Training

Tags:

High Speed Training News