Going for B Corp Status?

Going for B Corp status?

And what has that got to do with supplier diversity?

B Lab is the non-profit organisation behind the B Corp certification.

They overhauled its B Corp standards on April 8, 2025, replacing the 80‑point system with mandatory minimum requirements across seven key impact areas (e.g., JEDI, climate, governance). Changes apply to new certifications from 2026 onward.

Here are some things you need to know about achieving, and maintaining your B Corp certification.

Kaleida: Your Partner in Achieving B Corp Status Through Supplier Diversity.

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🔍 What is B Corp certification?

It’s a globally recognised standard for companies that balance profit with purpose.

To become certified, your business must meet high social, environmental, and governance standards, verified by B Lab.

🏆 3 Main Benefits of B Corp Status:

🥇Trust & Credibility

Stand out to customers, investors, and talent as a values-led, impact-driven business.

🥇Commercial Opportunities.

Gain access to like-minded partners and procurement teams that prioritise ethical suppliers.

🥇Stronger Governance.

B Corp forces structure into purpose, making ESG measurable, not just aspirational.

📌 3 Things You Must Do (and Why):

✅ Commit to Supplier Diversity

You must demonstrate that your supply chain includes diverse, underrepresented, or mission-aligned businesses. Why? Because equity is everyone’s responsibility including in procurement.

✅ Measure Your Impact

You need transparent data on environmental impact, employee wellbeing, and community contribution. 

✅ Update Your Legal Structure

Companies must legally embed purpose into their governing documents to protect their mission long-term even after leadership changes or acquisition.

3 Outcomes of Failing to Comply:

⛔️Certification Revoked

B Lab can remove your B Corp status if you don’t maintain standards.

⛔️Reputation Damage

Purpose-washing doesn’t last long. Customers and employees will hold you to account.

⛔️Lost Opportunities

Many buyers and partners now expect B Corp-like rigour. Falling short could cost you growth.

B Corp isn’t just a badge, it’s a blueprint for how business can and should be done.

And yes, supplier diversity is part of that blueprint.

If you’re going for B Corp, start with your supply chain. That’s where equity becomes action.

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About Us

"Finding Diverse Suppliers is time-consuming as the process today involves researching against multiple databases."

Founded in 2019, Kaleida International is a B2B marketplace for Tenders connecting Buyers to Suppliers, and Diverse Suppliers. With a focus on helping the Chief Procurement Office achieve its ESG goals, and alerting companies to new revenue opportunities, Kaleida's fully-inclusive platform helps Buyers find, identify and assess Diverse Suppliers they can invite to Tender.

In 2025 Kaleida will publish £800b in both Public and Private sector tenders for suppliers, and Diverse suppliers to apply to. By increasing access to commercial opportunity, we believe we can drive equality through providing access to economic parity.

Register on the Kaleida marketplace here: http://tenders.kaleida.co/