In 2023-2024, small and medium-sized UK B Corps reported a 23.2% increase in turnover, compared to the national average of 16.8%. Additionally, B Corps saw a 9.6% rise in employee headcount, while the national average experienced a decline of 0.5%. These statistics are a clear indication that B Corps are thriving in the competitive business landscape.

The UK has now become home to the largest B Corp community in the world, with over 2,400 certified businesses, a 40% increase from the previous year. These businesses collectively employ over 150,000 people, accounting for a quarter of the global B Corp community, which spans 9,500 businesses worldwide.

B Corp CEOs are overwhelmingly positive about the certification, with 91% acknowledging that it has had a positive impact on their business. The certification has helped UK B Corps lead the way in creating a business culture that balances profit with purpose.

B Corps lead in ethical business practices

Compared to ordinary businesses, UK B Corps are:

  • 25% more likely to pay all employees a family living wage
  • 104% more likely to only use renewable energy in their operations
  • 114% more likely to include community representatives on their boards of directors

B Corps are legally committed to considering the interests of their employees, customers, local communities, and the environment—rather than focusing solely on profit. This stakeholder-led approach has proven successful, with UK B Corps generating a combined turnover of £30B.

B Corp month celebrates purpose-driven businesses

The new data was released in conjunction with B Corp Month (1st-31st March), an annual celebration of the global B Corp movement. The theme for 2025 is "Generation B," a moment to recognise and empower the new generation of leaders who are using business as a force for good.

London is home to more B Corps than any other city, with over 1,000 certified businesses, and B Corps are making an impact across 126 sectors. Notable names include Graze, giffgaff, Octopus Group, COOK, Tony’s Chocolonely, and Farrow & Ball.

The movement's momentum will continue with the upcoming release of new B Corp Certification standards, which will set minimum requirements for businesses across human rights, workplace culture, climate action, and environmental stewardship.

Leading the way in sustainable business

Chris Turner, Executive Director of B Lab UK, commented: “This data shows that a new generation of UK businesses are proving that purpose and profit can go hand in hand. B Corps consistently demonstrate that companies do not have to choose between them. This is the leadership that will thrive in the 21st century, and it is the direction of travel needed to build the economy of the future.”

Josephine Philips, Founder and CEO of SOJO, a leading UK B Corp clothing repairs company, added: “I’m proud to belong to a generation of business leaders who believe in the power of business to act as a force for good. At SOJO, we’re on a mission to transform the fashion industry by ensuring customers value the items they wear for longer, and being a B Corp supports this commitment.”