Being a Certified B Corporation
B Corporations
Certified B Corporations meet independently verified standards of social and environmental performance, accountability, and transparency.
Certification requires businesses to consider the impact of their decisions on clients, staff, suppliers, the community, and the environment — and to embed those commitments into how the business is governed.
Why we chose to become a B Corp
We achieved our B Corp certification in August 2022, with a score of 102.9. In 2025, we re-certified with a significantly higher score of 139.0.
The B Corp certification process is rigorous. It requires evidence - not intent - across how a business operates, makes decisions, and holds itself accountable. The average score for businesses completing the assessment is 50.9, with a minimum of 80 required to certify.
For us, becoming a B Corp was a deliberate choice. It reflects how we already worked with clients, our team, and the wider community - and formalises those commitments in a way that is measurable and transparent.
What B Corp means in practice at Moneyworks
Being a B Corp reinforces how we think about advice, investing, and responsibility.
It shapes how we engage with the fund managers we recommend, including holding them accountable through active engagement. It supports our focus on ethical investing, and on helping clients understand not just what they are investing in, but why.
We are mission-locked through our Constitution to operate in the interests of clients, staff, the community, and the environment - not just shareholders.
Re-certification is required every three years, and the standards continue to evolve. We see this as a strength. It creates discipline, encourages improvement, and keeps us honest about how we operate over time.
Carbon Neutral
From financial year ending 31/03/2023, Moneyworks has been working to be carbon neutral. Although we are a service business, and don't have to worry about boilers and plants belching out Greenhouse Gases, we have signed up to offset all of our Scope 1, Scope 2 and Scope 3 emissions through CarbonTrail.
The identified emissions in our business are either offset at source, or by planting native forests in New Zealand. Through the CarbonTrail system we offset our emission with Carbonz.io, which enables us to identify exactly where our native trees are planted.
We are also moving our business to dealing with Ecotricity as a power provider, which is a carbon positive electricity producer.
Harvard Business Review - Why Companies are Becoming B Corporations
"To become a B Corp, you need to be certified by B Lab, a non-profit organisation. B Lab certifies companies based on how they create value for non-shareholding stakeholders, such as their employees. the local community, and the environment. Once a firm crosses a certain performance threshold on these dimensions, it makes amendments to its corporate charter to incorporate the interests of all stakeholders into the fiduciary duties of directors and officers. These steps demonstrate that a firm is following a fundamentally different governance philosophy than a traditional shareholder-centered corporation."