BearingPoint Achieves B Corp Certification for Sustainability
BearingPoint Achieves B Corp Certification
In a significant milestone, management and technology consultancy BearingPoint has recently announced its achievement of B Corp Certification. This accomplishment aligns with BearingPoint's ambitious sustainability goals and reinforces its commitment to fostering an inclusive, equitable, and regenerative economy. The B Corp movement, spearheaded by the international network B Lab, aims to set high standards of social and environmental impact, and BearingPoint's certification places it among over 9,000 businesses globally that have made this commitment.
What Being B Corp Certified Means
B Corp Certification is a badge of honor for companies that have met rigorous standards of social and environmental performance, accountability, and transparency. The B in B Corp signifies benefit, as these organizations prioritize purpose alongside profit. BearingPoint's certification illustrates its dedication to not only driving business success but also ensuring positive contributions to society and the environment.
Key Areas of Assessment
The process of achieving B Corp Certification involves a thorough evaluation across five crucial areas: governance, workers, community, environment, and customers. Companies must score a minimum of 80 points to earn certification, demonstrating robust socially and environmentally responsible practices. BearingPoint specifically excelled in the governance and worker-related categories, showcasing its strong practices in leadership and employee well-being.
Sustainability as a Core Value
According to Axelle Paquer, the Sustainability Sponsor on BearingPoint’s Management Committee, achieving B Corp Certification marks a significant step in their ongoing sustainability journey. Paquer expressed, “This accomplishment and our ongoing efforts exemplify our commitment to sustainability, diversity, equity, and inclusion. We see our purpose as going beyond business. We aspire to contribute positively to both our communities and the planet.”
Strategic Priorities for Sustainability
BearingPoint has established several strategic sustainability priorities that guide its operations. These include Sustainable Ways of Working (SWOW), which focuses on integrating sustainability and diversity into projects, and Female Acceleration, aimed at enhancing female representation in leadership roles. Additionally, their Emission Zero initiative seeks to significantly reduce the firm's emissions by 50% compared to a baseline year, reinforcing their commitment to environmental responsibility.
The Impact of B Corp Certification
The Head of Certification at B Lab Germany, Mathieu Mohorcic, highlighted BearingPoint's positive impact on the global community through its certification. He stated, “This certification not only recognizes their achievements but also marks the beginning of an enduring journey of improvement. As a major management consultancy, BearingPoint has an opportunity to inspire clients worldwide to navigate critical challenges together.”
A Bright Future Ahead
With B Corp Certification under its belt, BearingPoint is now part of a vibrant ecosystem of certified businesses committed to transforming the economy for the better. This visual representation of their values ensures that the firm will continue leveraging its influence to drive positive change while motivating others in the consulting sphere.
Frequently Asked Questions
What is B Corp Certification?
B Corp Certification is awarded to companies that meet strict standards of social and environmental performance, accountability, and transparency.
Why is BearingPoint’s B Corp Certification important?
This certification validates BearingPoint's commitment to sustainability while showcasing its impact on society and the environment.
How does BearingPoint promote diversity and sustainability?
Through initiatives like Sustainable Ways of Working and Female Acceleration, BearingPoint integrates sustainability and diversity into its core practices.
What areas did BearingPoint excel in to achieve its B Corp Certification?
BearingPoint particularly excelled in governance and worker-related practices, demonstrating strong leadership and commitment to employee welfare.
What’s next for BearingPoint after achieving B Corp Certification?
BearingPoint plans to continue its focus on sustainability and diversity, setting ambitious targets and inspiring clients and communities around the globe.
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