bio-bean Limited, a Certified B Corp and manufacturer of Coffee Logs, has been named a Best for the World B Corp in recognition of its exemplary performance beyond commercial metrics.
Ranking in the top 5% of all B Corps in its size group worldwide for their sustainable business practices, bio-bean earned this honour because of its excellence in its environmental performance and impact.
bio-bean recycles spent coffee grounds from businesses across the UK and upcycles them into Coffee Logs – planet-friendly fire logs for wood burners and stoves – and other bio-based products. By using existing waste management and logistics companies to collect the spent grounds, they reduce road miles and subsequent emissions. And by diverting spent coffee from landfill and instead recycling it into Coffee Logs, bio-bean saves 80% on greenhouse gas emissions, reduces waste and contributes to a more circular economy.
But bio-bean doesn’t stop there. The team at the Alconbury facility have developed a Sustainability Improvement Plan to examine their day-to-day operations with the aim of continuously improving how they do things. From using a biomass boiler to power their recycling process to installing timed, water-saving push taps, and from examining their supply chain to their impact on their workers and the wider community, the team behind Coffee Logs are committed to using their business as a force for good.
“We are incredibly proud to be recognised as a Best For The Environment. Out of 4,000 Certified B Corporations worldwide, bio-bean is among the top 5% B Corps in this impact area,” said George May, Managing Director of bio-bean. “It’s an acknowledgement of our desire to do business better and of our teamwide effort to positively impact not just the environment, but all our stakeholders. We look forward to continually collaborating with the global B Corp community to share and gain insights into best practices.”
The Best for the World recognition is administered by B Lab, the global non-profit network that certifies and mobilizes Certified B Corporations, which are for-profit companies that meet the highest standards of social and environmental performance, accountability, and transparency. Today there are more than 4,000 Certified B Corporations across 77 countries and 153 industries, unified by one common goal: transforming the global economy to benefit all people, communities, and the planet.
B Corps meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. The B Corp Certification doesn’t just evaluate a product or service, it assesses the overall positive impact of the company that stands behind it—like bio-bean. Using the B Impact Assessment, B Lab evaluates how a company’s operations and business model impact its workers, community, environment, and customers.
"Best for the World is a special program for the B Corp community, and we're thrilled to resume it after pausing the program in 2020 due to COVID-19," said Juan Pablo Larenas, Executive Director of B Lab Global. "This year's Best for the World companies are operating at the very top of their class, excelling in creating positive impact for their stakeholders, including their workers, communities, customers and the environment. We're proud of the community of stakeholder-driven businesses we've cultivated over the last 15 years; together we're marching toward our collective vision of an inclusive, equitable and regenerative economic system for all people and the planet."
Close to 800 B Corps from more than 50 countries were named to the 2021 Best for the World lists, including 4G Capital, KeepCup, Natura, The Big Issue Group, TOMS, Too Good To Go, and Patagonia. The 2021 Best for the World lists are determined based on the verified B Impact Assessments of Certified B Corporations.
The full lists are available on https://bcorporation.net/.