B Lab Europe is committed to creating an inclusive and sustainable economy for all. In order to achieve this, we must address the systemic barriers faced by entrepreneurs from historically underserved groups from the shared prosperity all people deserve. An inclusive business landscape is not only a fundamental matter of social justice; it is also a critical aspect of building long-term, sustainable business models. Diverse perspectives and experiences are critical to an innovative, creative, and thriving economy.

Taking this into account, and in an effort to expand the accessibility and diversity of our certification program, we embarked into a thorough research project to evaluate the feasibility of diverse actions through which we could offer this particular service in a more equitable way. After several months exploring diverse alternatives in close collaboration with stakeholders representing the voices and challenges of diverse groups, we are announcing an Equity Discount aimed at supporting entrepreneurs who have historically faced systemic barriers in the business community. Starting January 1st 2025, B Lab Europe will offer a 40% discount on annual certification fees in perpetuity for companies meeting the following criteria: 

1. Have an annual revenue of less than €5 million and

1. > 50% ownership by individuals belonging to the following groups:

• Women

• People of Color and Underrepresented Ethnicities 

• LGBTQ+

• Persons with Disabilities

A first step of a wider journey

B Lab Europe acknowledges that pricing is not the only barrier to achieving B Corp certification. While the equity discount initiative represents a significant step forward, B Lab Europe is committed to addressing other barriers and expanding its research into more initiatives that will enhance the inclusivity of the B Corp movement. This commitment includes exploring additional support mechanisms, such as mentorship programs, educational resources, and networking opportunities, to ensure that all entrepreneurs, regardless of background or circumstance, have the opportunity to be part of our global movement of people using business as a force for good. 

By continuously evaluating and evolving our approach, at B Lab Europe we aim to create a more equitable and accessible path for all businesses to pursue B Corp certification. We believe this will get us closer to our movement’s ultimate goal of co-creating an economic system rooted in positive social and environmental impact that benefits all people and the planet. 

Is your business eligible for the Equity Discount and would like more information? Please contact your local B Lab office or info@bcorporation.eu. We also welcome your feedback and ideas on how B Lab Europe can make our initiatives more inclusive. We look forward to hearing from you.