BUSINESS LEGAL SERVICES
B Corp Conversion Lawyers
We’re here to fully support you throughout your B Corp journey
If you’re planning to enhance the profile of your business by becoming a B Corporation (B Corp), then you’ve come to the right place. Our team of experienced lawyers have extensive experience in helping businesses like you achieve their goals.
B Corps are independently certified, profit-making businesses that have demonstrated they meet certain standards, such as social and environmental performance, accountability to stakeholders and transparency.
There are multiple advantages of becoming a B Corp, for example, helping you attract talent, external investment, and boosting your company’s reputation. It may also simply be a step which aligns with the goals of your business from an ethical perspective.
The process of becoming a B Corp is relatively simple, but there are certain legal formalities that have to be completed. Our corporate lawyers are experienced in guiding businesses through the application procedure, as well as drafting and filing the necessary changes to your Articles of Association and other legal documentation required to become certified.
Why should I consider becoming B Corp certified?
As the jobs marketplace becomes more competitive, recruiting top talent can be a challenge. The market for external investment is dynamic too, with a vast number of businesses chasing investors via funding rounds and pitches to potential funders.
One way to stand out from the crowd in the jobs and investment marketplace is to become a B Corp. Obtaining B Corp status is a way to demonstrate your commitment to the community, and can bring diverse benefits such as:
Improved brand recognition by consumers, and as a result, increased sales
Improved employee relations and ability to attract top talent
Improved attractiveness to external investors who are increasingly focussed on corporate social responsibility or ESG (environment and social governance) factors when deciding whether to invest
What are the legal steps to B Corp certification?
As part of the process to become certified, your company will likely need to change its constitutional documents to incorporate certain B Corp language emphasising a commitment to having a material positive effect on society and the environment. The purpose of this is to entrench certain priorities and principles in your company’s governing constitution.
As a first step, you should check your Articles and related documents such as shareholders agreements to ensure there aren’t any restrictions on making amendments to them. Amending your Articles will also need a special resolution of shareholders, and you’ll have to file the amended Articles at Companies House.
Your company will also need to sign a B Corp agreement that commits it to meeting the legal requirements of the B Corp registration process.
If you’d like to know more about the legal steps that may be needed to become a B Corp, you can read our in-depth guide that provides more detail, and walks you through the steps required.
We help ambitious businesses become B Corp certified
Suis Law’ expert team of business lawyers have an in-depth knowledge of the current business and investment landscape. Many of our lawyers have hands-on experience working directly for funders and venture capitalists, and we know what these investors are looking for when they choose businesses in which to invest. We can guide you through the certification process and help you prepare the documents that are necessary for B Corp accreditation.