Pension administrator BeFrank is B Corp certified

As of today, BeFrank can call itself a B Corp, joining a growing global network of companies that are demonstrably committed to people, the environment and society.

Jan Hein Rhebergen, Commercial Director of BeFrank: “We are immensely proud to call ourselves a B Corp. We strongly believe that as a company you also have to contribute to a better world and hope to inspire other companies this way.”

B Corp certification

B Corps are companies that use business as a force for good, to create a more inclusive and sustainable economic system for all. B Corps meet high standards of social and environmental performance, transparency, and accountability.There are about 8,500 B Corp companies worldwide, while in the Netherlands there are more than 290 companies, including well-known names such as Triodos Bank, Danone and Swapfiets.

Strict assessment

In order to be certified, BeFrank had to meet very high requirements as part of a one-year assessment in the areas of governance, employee policy, the environment, community and customers. A minimum of 80 points is required for certification, BeFrank scored 95 points. This is reassessed every three years.

Rhebergen: “We score high on ethics and transparency in particular. That dovetails beautifully with our clear and simple product – and our name, of course! In addition, we take good care of our employees and invest a lot in the mental well-being of our people. We are very proud that our employees give us high scores on satisfaction!”

Setting a good example

For years now, BeFrank has been committed to a healthy financial future that at the same time makes the environment better. BeFrank does this through its services, in which sustainability takes centre stage, and through its investments, with which BeFrank can make a sizeable impact. BeFrank furthermore wants to set a good example through its own business operations.

Rhebergen: “It is in our DNA to work on a sustainable future. While the certification is a testament to the fact we’re on the right track, it’s not where we leave things off; we still have a lot of ideas and can’t wait to get started with them!”

Do you want to know more about the certification? Read more at befrank.nl/en/bcorp

About B Lab and B Corp

B Lab is transforming the economy to benefit all people, communities, and the planet. A leader in economic systems change, its global network creates standards, policies, and tools for business. Besides, at B Lab we certify companies – known as B Corps – who are leading the way. To date, the global B Corp community includes over 8,500 B Corps companies in 92 countries and 220 industries, and over 200,000 companies manage their impact with the B Impact Assessment. See www.bcorporation.net for more information.

About BeFrank

BeFrank has been active in the group pension market since 2011 and is the first premium pension institution (PPI) in the Netherlands. BeFrank offers an online pension, clear communication and innovative services. It is part of NN Group.