Business impact consultancy Transcendent becomes a B Corp company

Madrid, April 6, 2021.- Transcendent, the Spanish consulting firm specializing in business impact, has just become a B Corp. This certification has been granted by B Lab and assesses Transcendent's compliance with the highest standards in terms of social and environmental performance, transparency and business responsibility.

B Corporations lead a global movement of people who make a positive impact through companies. This growing community of companies are reinventing business and working to build a more inclusive and sustainable economy for all people and the planet.

Measure five key areas

The B Corp Certification measures management performance across the company and covers five key impact areas: Governance, Workers, Community, Environment and Customers.

The certification process is rigorous, more than 80 points must be obtained and evidence of socially and environmentally responsible practices must be provided, including energy supply, water and waste use, workers' compensation, diversity and corporate transparency.

To complete the certification, the company must legally incorporate its commitment to the social purpose into its company's statutes.

Only 3,800 companies in the world have managed to become B Corp

Transcendent becomes part of a movement of more than 3,800 companies worldwide that have become B Corp. The B Corp community reflects the European economy with companies from multiple industries and sizes. These include well-known brands such as Danone, Patagonia, Alpro, CAPSA, The Body Shop, Holaluz, Ecoalf, WeTransfer or Triodos Bank, among others.

For Angel Pérez Agenjo, founder and managing partner of Transcendent, “before we had a name for our consulting firm 4 years ago, we already knew that Transcendent had to be a B Corp. company. We were part of the first group of multipliers B in Spain in 2018. Today, 75% of our team is multiplier B. We have introduced the B Corp movement to more than 80 companies. The strength of B Corp today is undeniable. It has agreements with the United Nations Global Compact by incorporating the SDGs into its evaluation, it has recently made public its agreement with GRI and there are more and more corporations showing their interest in certification. As of today we are a B Corp. company. The trip here, in and of itself, has been worth it, and a lot.”

“We are thrilled to welcome Transcendent to the B Corp. community. This community works to reduce inequality, respect and regenerate the environment, strengthen communities and create high-quality jobs with dignity and purpose. Transcendent is a new member of the B Corp community, demonstrating by example how these results can be achieved,” explains Pablo Sánchez, executive director of B Lab Spain.