#United States #New York #B Corporation #Sustainable Business #Precoro

Precoro Achieves B Corporation Certification

In an exciting development for the world of sustainable business, Precoro has officially announced its certification as a B Corporation™. This distinction marks the company's entry into a community of businesses dedicated to harnessing economic power for the greater good, thereby showcasing their commitment to fair social and environmental practices.

What Does it Mean to be a B Corporation?

Being certified as a B Corporation is a significant achievement. The B Corp certification, managed by the nonprofit B Lab™, is awarded to companies that meet rigorous standards of social and environmental performance, accountability, and transparency. For Precoro, this achievement signifies more than just a badge of honor—it's a foundational part of their philosophy to foster long-term trust with customers, partners, and employees alike through transparency, responsibility, and measurable impact.

To attain this certification, companies undergo a demanding evaluation process that reviews their operations in various categories, including governance, workers, customers, community, and environmental impact. Additionally, it requires a legal commitment to prioritize stakeholder governance, ensuring that the interests of all stakeholders are given due consideration, not just those of shareholders.

A Reflection of Core Values

Precoro's CEO, Andriy Zhyvolovych, emphasizes that this certification is not an endpoint but rather a stepping stone towards greater accountability and positive influence within the business landscape. He states, “At Precoro, we believe that business can—and must—be a driver of positive change. Becoming a Certified B Corporation is not a finish line, but a starting point for even greater responsibility, transparency, and impact.”

The global network now includes over 9,700 B Corps across more than 80 countries, featuring well-known brands like Patagonia, Coursera, Ben & Jerry's, and Allbirds, all of whom are redefining what success looks like in the corporate world.

About Precoro

Precoro is a leading procurement platform that specializes in centralizing and automating procurement operations. It provides visibility into procurement processes, helping companies control costs and mitigate spending inefficiencies. What sets Precoro apart from traditional procurement solutions is its design, which caters to managing the entire procurement lifecycle across various departments and locations seamlessly, making it easy for teams to adopt without requiring extensive technical skills.

Harnessing over a decade of experience and backed by a modern, AI-driven technology framework, Precoro effectively streamlines repetitive tasks while adapting to specific organizational needs. With more than 1,000 companies utilizing Precoro in over 80 countries, the platform is revolutionizing procurement by transitioning businesses from fragmented to unified processes aligned with stakeholder expectations.

Conclusion

Certifying as a B Corporation signifies a commitment to high social and environmental standards, and Precoro's recent achievement underscores its dedication to making procurement processes more efficient while promoting ethical business practices. As the landscape of corporate responsibility evolves, Precoro is taking the lead in demonstrating that profitability can coexist with purpose. To explore more about how Precoro is paving the way for responsible business operations, visit precoro.com.