B Corp®

Proud to be a Certified B Corporation!

Northern Savings recently became a Certified B Corporation. Certified B Corps are leaders of a global movement of people using business as a force for good™. They meet the highest standards of overall social and environmental performance, transparency and accountability and aspire to use the power of business to solve social and environmental problems.

There are more than 2,600 Certified B Corporations in over 150 industries and 60 countries with one unifying goal – to redefine success in business.

Our members, suppliers, and employees can feel proud to be part of a forward-thinking organization that is committed to making improvements.

How did Northern Savings become a Certified B Corporation? Expand/Collapse

We completed a comprehensive assessment that measured our stakeholder impact  (workers, suppliers, community, customers/members and the environment).

The minimum score to become a B Corp™ is 80 and we scored 103.8 out of a possible 200 points. You can check out our score here >

Why did Northern Savings become a B Corp? Expand/Collapse

B Corp aligns with our vision statement of "neighbours helping neighbours to build sustainable communities."  We took the Assessment, as we wanted to start measuring and managing our social and environmental impacts in a more meaningful way.

Our B Corp Assessment provided us with a general baseline, we are now able to continue to enhance our impacts by setting clear goals and targets to become an even more impactful business.  

What does it mean to be a Certified B Corporation? Expand/Collapse

It’s like Fair Trade certification but for the whole business, not just a bag of coffee or LEED certification, but not just for a building.

Unlike traditional corporations, Certified B Corporations are legally required to consider the impact of their decisions not only on their shareholders, but also on their stakeholders (e.g., workers, suppliers, community, consumers, and the environment).

Who can become a B Corp? Expand/Collapse

Any business has the opportunity to become a Certified B Corp; however, the first step is to take the Assessment.

The Assessment will walk you through a series of questions to help you learn what it takes to build a business that is more impactful for your stakeholders.

A minimum score of 80 must be received on the assessment in order to become a Certified B Corp. Learn more >