The global B Corp movement continues to go from strength to strength.
There are over 6,000 businesses globally certified by B Lab. However, the number of businesses in the real estate sector who are certified B Corporations is tiny, with Northtree among one of the first real estate businesses of its kind to certify. Given that the built environment accounts for 40% of global greenhouse gas emissions, we hope to see many more businesses in our sector follow our example. We will actively participate in the evolution of the B Corp standards to ensure that the BIA continues to demand, and reward, true leadership in the efforts to make the built environment more sustainable.
B Corps must undergo recertification every three years and publish annual Impact Reports in the intervening years. Northtree’s first Impact Report will be published in June 2024.