Vestd announces B Corp status

The UK’s favourite sharetech platform joins the growing movement of companies using business as a force for good.

[UK, 17th February 2025] - Vestd is pleased to announce its certification as a B Corporation (or B Corp), and now joins a growing movement of companies that are reinventing business for the benefit of all people and our shared planet.

Verified by B Lab, the not-for-profit behind the B Corp movement, the achievement demonstrates that Vestd meets high standards of social and environmental performance, transparency, and accountability alongside a commitment to goals beyond shareholder value.

The news comes as the ongoing climate crisis and widening social inequality continue to pose urgent challenges to our economy.

B Corp Certification assesses the entirety of a business’ operations and covers impact areas related to practices around governance, workers, community, the environment and customers.

The certification process is rigorous, with companies required to provide evidence on performance while legally embedding their commitment to purpose as well as profit in their company articles.

Vestd is now part of a growing community of over 9,000 businesses globally that have been certified as B Corps.

The B Corp community in the UK is one of the largest and fastest-growing in the world, with over 2,500 companies spanning a range of different industries and sizes. Names include The Guardian, Innocent Drinks, Patagonia, Tony’s Chocolonely, The Big Issue, Finisterre, Elemis, and Sipsmith Gin.

Chris Turner, executive director of B Lab UK, says: 

“We are delighted to welcome Vestd to the B Corp community. This is a movement of companies that are committed to changing how business operates and believe business really can be a force for good."

"Welcoming Vestd is an exciting moment for the sharetech and employee benefits industry. We know that Vestd is going to be a fantastic addition to the community and will continue driving the conversation forward.”

Ifty Nasir, founder and CEO of Vestd added:

“We always felt strongly aligned to the B Corp mission - to see a world that works for the collective benefit of people and the planet, and so we are thrilled to be officially part of the movement!”

“For us, ‘kind business’ isn’t a side CSR project, it’s something that is absolutely embedded in everything that we do, and indeed, it’s fundamental to our core product and core mission.”

“The Vestd platform makes it easier for companies to share success with their teams (whether that’s employees, investors, consultants etc) because we’ve seen the economic benefits for individuals, companies and communities.”

“If more companies shared, we’d see a world of work that provides better rewards for everybody, not just the few. And we’d see a healthier economy fuelled by stable businesses that grow faster, that survive and thrive - even through economically difficult periods.”

"We believe that our business is a driver for good, and the entire Vestd team is over the moon to have our efforts recognised by B Labs. Being under the B Corp umbrella makes it easier to smash our goals, and make a better world for us all to live in.”

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About Vestd: Vestd is the leading sharetech platform for share schemes and business admin. The FCA-regulated and B Corp certified platform makes light work of all of the most popular and tax-efficient share scheme types, empowering businesses to attract and retain their talent.

Vestd makes share schemes a walk in the park. No wonder 95% say that Vestd has helped improve employee loyalty and 93% agree that it’s helped with employee attraction.

And for investors, or those looking to secure investment…Vestd gets cap tables sparkling clean, makes cofounder prenups a walk in the park, makes shareholder comms and security as easy as pie and helps to make businesses irresistible to investors.

About B Lab: B Lab is transforming the global economy to benefit all people, communities, and the planet. A leader in economic systems change, our global network creates standards, policies, tools, and programs for business, and we certify companies — known as B Corps — who are leading the way.

To date, our community includes 920,000 workers in over 9,000 B Corps across 105 countries and 160 industries. More than 300,000 companies manage their impact with the B Impact Assessment and the SDG Action Manager. B Lab has created and led efforts to pass over 50 corporate statutes globally that enable stakeholder governance, with over 10,000 companies using the legal framework. To learn more and join the movement, visit www.bcorporation.net.

About B Corp Certification: B Corp Certification doesn’t just evaluate a product or service, it assesses the overall social and environmental impact of the company that stands behind it.

To achieve B Corp Certification, a company must meet a score of at least 80 points on the B Impact Assessment, an evaluation of a company’s positive impact, and pass a risk review, an evaluation of a company’s negative impact; change their corporate governance structure to be accountable to all stakeholders, not just shareholders; and exhibit transparency by allowing information about their B Corp Certification performance to be publicly available on their B Corp profile on B Lab’s website.

B Corps recertify every three years and once certified, are expected to increase their score over time as they progress towards becoming more equitable, inclusive and regenerative businesses. 

B Lab contact: media@bcorporation.uk 

Vestd contact: jemma@vestd.com