Member Article

Household bills manager Nous achieves B Corp certification

Household money-saving tool Nous.co has been certified as a B Corp, cementing the company’s commitment to being a force for good as it saves people time and money on their bills.

Nous joins the ranks of more than 1,500 B Corps in the UK and 7,000 worldwide who have voluntarily committed to upholding rigorous social standards.

Nous is a mission-driven business built to make life fairer and simpler by solving the problem of household bills.

The business model is designed to create a positive societal impact – Nous saves its members many hundreds of pounds and days each year by managing their bills, finding fairer deals and handling the hassle of switching.

Greg Marsh, Nous CEO and co-founder, said: “Since we first started building Nous, we’ve been convinced that we could build a successful business that is on the side of consumers.

“At the same time, we’ve always wanted to ensure that Nous is a genuinely great place to work. Our team is passionate about making people’s lives easier and making sure they aren’t being taken advantage of by big businesses.

“We’re delighted to be part of the B Corp community, joining a group of companies who believe not only in their responsibility to their shareholders, but also to their teams and the communities in which they operate’.

In addition to finding deals for members, Nous delivers additional savings by returning any commissions earned from switches back to members.

Through Nous for Business, companies can make their employees better off by offering them Nous membership. The average savings Nous finds for employees are equivalent to a 2% payrise after tax on a typical salary.

Nous has used its growing public profile during the cost-of-living crisis to raise awareness of social issues. As part of the company’s commitment to make a material positive impact, it has driven initiatives such as campaigns to increase the uptake of broadband social tariffs, and to crack down on telecoms companies’ unfair mid-contract price hikes.

Nous has created a library of advice to help people navigate the rising cost of living, alongside free-to-use tools that have been used by more than 150,000 UK households.

The Nous B Corp certification process involved an assessment of five key business areas, covering impact on customers’ lives, giving back to the community, support for employees’ wellbeing, environmental sustainability, and governance.

Achieving certification means that Nous is committed to upholding socially and environmentally responsible practices in the future.

This was posted in Bdaily's Members' News section by Business News .