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Thesis driven
03.10.2023

XAnge is now
BCorp-certified!

Today, we are pleased to share that XAnge has received the BCorp certification, reflecting our ongoing dedication to continuous improvement in our internal practices, in addition to supporting responsible and sustainable businesses in our portfolio.

Inspired by the growing number of our startups embracing the BCorp certification, including Shine, Welcome to the Jungle, Evaneos, MicroDon, La Ruche Qui Dit Oui, OuiHelp and Omie & cie we have witnessed the tangible benefits it brings to their internal dynamics and growth. 

Indeed, over the years, we have seen firsthand the positive impact of this certification on aspects such as business sustainability, employer branding, recruitment, and ongoing operational improvements.This experience has encouraged us to recommend the certification process to many of our startups. But why not drink our own champagne? And that’s what we’ve done, starting our own BCorp journey.

What’s next? Identifying our areas for improvement

As a BCorp-certified fund, we are now better equipped to continue improving our practices in areas such as climate, social responsibility, and governance – a requirement to keep the certification in the years to come. 

This certification will also enable us to have a transparent and reliable benchmark, in an industry that often relies on dense and complex home-made ESG reports. With a third-party assessment like BCorp, we now have a foundation for comparison and improvement.

Through our BCorp certification journey, we have identified several areas for improvement, including the need for more independent governance, increased transparency in remuneration policies, and greater gender parity in our governance structures. We are committed to addressing these topics as we strive to uphold the high standards set by the BCorp community.

A community you should join too

By attaining BCorp certification, XAnge is also joining a growing community of like-minded organizations and entrepreneurs, and we look forward to further contributing to a more sustainable and ethical business landscape. If you are an entrepreneur or a startup interested in learning more about BCorp certification, we encourage you, more than ever, to explore its benefits and consider joining this powerful movement.

 

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