In 2017, BizBuddyHub became a Certified B Corporation, acknowledging our commitment to build an ethical, sustainable local economy, authentic relationships and collaborative, connective business models.
B Corp certification is to business what Fair Trade certification is to coffee. B Corporations represent an emerging group of companies who use the power of business to create a positive impact on the world and generate a shared, sustainable prosperity for all.
Ultimately, that means we’ve successfully met the non-profit B Lab’s rigorous standards to join over 2000 social business enterprises around the globe who are working hard to make the world a better place.
Why is certification important?
When we started BizBuddyHub to create holistic business solutions that help build stronger local economies, we always intended to get B Corp certification.
Our inclusive, collaborative culture is one of our key values, as is our commitment to buying local and making an active choice to support local businesses and under-utilised resources.
B Corporation certification was therefore a natural fit. It encourages companies to use the power of business to solve social and environmental problems in our communities. They’re leading a global movement to redefine business success.
At BizBuddyHub, we firmly believe business should be focused on achieving good outcomes for people and the environment and that the social enterprise movement should be a blueprint for all businesses.
How did we become certified?
To become certified, we had to meet B Corps performance requirement by completing an impact assessment and earning a minimum score of 80/200 points.
We were assessed on our social and environmental performance, accountability and transparency, including how our practices impact our employees, the community, the environment and our customers.
Not surprisingly, we scored particularly highly around community for our new generation, inclusive engagement model that hybridises business and community groups.
To finalise our certification, we signed B Corporation’s Terms sheet and a Declaration of Interdependence.
What certification means for us.
By voluntarily meeting higher standards of transparency, accountability, and performance, Certified B Corps are distinguishing themselves in a cluttered marketplace by pioneering better ways to do business.
Being a B Corp gives credibility to our social business model, helps us align with our values, always be accountable and measure our impact.
It identifies us as part of a movement working to change the world for the better.
What certification means for you.
As a BizBuddyHub customer or supplier, you can now be sure you’re part of a supportive, collaborative community that’s providing Peer2Peer support to grow the local economy and enhance social cohesion at the city’s fringe while giving back.