Bulb has become the first UK energy company to receive a standard and be part of a global movement of people using business to solve social and environmental problems.
The green power supplier joins 93 UK firms and 1,600 businesses across 42 nations that have received the Certified B Corporation status.
They are legally required to consider the impact of their decisions on all their stakeholders from employees and suppliers to the community and the environment.
According to Bulb, it was awarded the status for “standards of social and environmental performance, accountability and transparency”.
Other firms that have received the status include ice cream brand Ben & Jerry’s and UK carbon offsetting firm ClimateCare.
Amit Gudka, one of the Bulb founders said: “We’re really proud to be awarded with B Corp™ status but we know it doesn’t mean anything to people unless we actually behave differently. It’s unsustainable for the industry to treat consumers this way and we’re going to change things.
“We aim to provide a new choice for consumers of reliable, fast, affordable and renewable energy. We want to provide an example to energy suppliers all over the world that there’s a better way to provide energy.”
Bulb is one of three energy companies that provide 100% renewable power to consumers in the UK.