B Corp Articles Of Association Template for England and Wales
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What is a B Corp Articles Of Association?
B Corp Articles of Association are essential when incorporating a new B Corp or converting an existing company to B Corp status in England and Wales. These articles establish the legal foundation for balancing profit with purpose, incorporating specific provisions required by B Lab UK for certification. They define how the company will operate, make decisions, and maintain its commitment to stakeholder interests while complying with both Companies Act 2006 and B Corp requirements. The document is crucial for companies seeking to embed social and environmental responsibilities into their legal structure.
About the B Corp Articles Of Association
B Corp Articles Of Association are specialised constitutional documents that legally enable companies to pursue B Corporation certification while operating under England and Wales company law. These articles modify standard company structures to incorporate B Lab UK's requirements for balancing profit with purpose, stakeholder governance, and social impact accountability.
When do you need this document?
You need B Corp Articles Of Association when incorporating a new company with B Corp aspirations or when converting an existing company to achieve B Corporation certification. This document is mandatory for B Lab UK certification, as it provides the legal foundation for your company's commitment to stakeholder governance and social impact. Startups planning sustainable business models, established companies seeking to formalise their social mission, and investors looking to support purpose-driven businesses all require these specialised articles to meet B Corp legal requirements.
Key legal considerations
The articles must include specific provisions that enable directors to consider stakeholder interests beyond shareholders, including employees, customers, communities, and the environment. You must incorporate B Corp's accountability and transparency requirements, including mandatory benefit reporting and public disclosure of your social and environmental impact. The document should establish governance structures that support long-term value creation for all stakeholders while maintaining commercial viability. Consider including provisions for stakeholder engagement in major decisions and mechanisms to protect the company's social mission during ownership changes or investment rounds.
Legal requirements in England and Wales
Under the Companies Act 2006, your B Corp Articles must comply with standard company law requirements while incorporating B Lab UK's additional provisions. The articles must be filed with Companies House and can replace or amend existing Model Articles for private companies limited by shares. You must ensure the purpose clause clearly states your commitment to creating positive impact for stakeholders and society alongside generating profit. The document must include provisions allowing directors to consider stakeholder interests in their decision-making, which goes beyond standard directors' duties under section 172 of the Companies Act 2006. All amendments to existing articles require a special resolution of shareholders and filing with Companies House within 15 days of adoption.
GOVERNING LAW
Applicable law
This B Corp Articles Of Association is drafted to comply with England and Wales law. Key legislation includes:
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