You may have heard it is B Corp Month – celebrated in March every year, B Corp companies across the world use this occasion to raise awareness of the movement, explain what it means to be a B Corp and share the importance of using business as a force for good.

Resonance, as a social impact fund manager, has impact embedded in our DNA, and the business we do with our investors and investees, helps us provide life changing homes and solutions for people and communities facing crisis. But being a B Corp is not just about the work you do, but about how you operate your business as a whole. Our B Corp story, which began in 2018, can be found on the B Corp pages on our website.

Part of our responsibility as a B Corp is to encourage our peers, clients and suppliers to consider improving the way they do business, and where possible, we try and work with other companies that have adopted the B Corp principles. These include investors into our funds such as Better Society Capital, suppliers of products and services such as Triodos Bank, KCS Print and Desklodge, and investees. There are too many to list, but we thought that we would use this opportunity to highlight and celebrate a few of the other B Corps with which we work.

SMILE TOGETHER DENTAL CIC
Smile Together is a full service dental practice based in Cornwall, which in 2021 became the first dental practice in the UK to become a B Corp. In 2018 Resonance arranged an investment into Smile Together enabling it to purchase a premises in Bodmin and expand its services. Smile Together currently operates across Cornwall and the Isles of Scilly. It already treats over 40,000 patients per year including more than 4,000 special needs patients each year, twice as many as it is contracted and funded to see. It is also an employee-owned social enterprise; everyone in the team can opt to be a shareholder and thus have a genuine voice in Smile Together’s future. It runs the Brighter Smiles campaign, providing practical tooth-brushing clubs, fluoride varnishing and oral health education to around 5,000 children in areas of high decay across Cornish communities. It also runs the Smiles at Sea campaign where the specialist team visits harboursides across Cornwall and Devon to provide dental treatments and oral health advice to fishermen who rarely get the chance to visit a dentist due to the demands of their work. Read more about Smile Together's B Corp story on its website.

SNOWBALL
Snowball is an innovative impact investment firm that runs a globally diversified, multi-asset portfolio that seeks to maximise positive social and environmental impact, as well as make a competitive financial return.

Snowball’s mission is to make impact investment easy for everyone to access and to change the financial systems to mainstreaming impact investment.

The portfolio has exposure to public and private market investments, including housing for the homeless, community owned renewable energy, forestry conservation and microfinance.

Project Snowball has supported both Resonance's Community Asset funds and Impact Property funds with investment. Read more about their B Corp certification on their B Corp profile on the B Corp website.

PENSIONS FOR PURPOSE
Pensions for Purpose exists as a bridge between asset managers, pension funds and their professional advisors, to encourage the flow of capital towards impact investment.

It is an online platform providing a knowledge centre including an extensive bank of information and case studies. Members are able to network with peers whilst learning more about impact investment via a members’ forum, training workshops and events.

Pensions for Purpose helps pension funds mitigate negative impacts and seek positive impacts by understanding what they invest in and what opportunities exist in the market.

Resonance works with Pensions for Purpose as their work is raising awareness and building interest in impact investment strategies, into which Resonance’s experience can usefully feed. Find our more about Pensions for Purpose and B Corp on their website. 

IMPACT HUB LONDON
Impact Hub London provides inspiring workspace, business support, and networks that enable changemakers to thrive in London and beyond. They are building an ecosystem of social entrepreneurs, enablers, innovators, and intrapreneurs that provoke change together. There are 107 impact hubs across 60 countries worldwide. Resonance uses Impact Hubs in London and Birmingham. Find out more about B Corp and Impact Hub London on their B Corp profile.