Alongside its commitment to the creative community, WeTransfer strives to have a positive impact on social and environmental issues—balancing people, planet, and profit.
Corporate governance is not only part of the company’s DNA, but a driver for its success. That’s why, in March 2020, WeTransfer became one of the very few global tech companies to be awarded B Corp status.
As a certified B Corporation™, the organization supports issues such as climate change by maintaining a climate neutral status and aiming to reduce its carbon footprint by 30% by 2025. The company is also focused on promoting diversity and inclusion, as well as championing employee mental health.
About B Corp
B Corps are companies that harness the power of business to make a positive impact on the world —balancing people, planet, and profit. To become a B Corp, businesses have to – in the words of the B Corp movement – “meet the highest standards of verified social and environmental performance, public transparency, and legal accountability”.
B Corps achieve a minimum verified score on the B Impact Assessment—a rigorous assessment of five impact areas: governance, workers, customers, community, and environment. They must also amend their legal governing documents to require their board of directors to balance profit and purpose.
WeTransfer’s Supporting Act Foundation
WeTransfer’s Supporting Act Foundation is classed as an independent charity in the Netherlands, but has the ability to operate across a wider geography including the US, UK, Italy, France, and Germany, with the potential to expand to other countries in the future.
WeTransfer endowed the foundation with an initial €1 million and will commit 1% of its revenue on an annual basis. The first of these contributions will be in 2023, based on 1% of 2022 revenues.
The Supporting Act provides funding to aspiring creatives including artists, musicians, filmmakers, photographers, and designers. It also provides a series of grants, offering awards for work that aligns with WeTransfer’s B Corp values of sustainability, responsibility, and inclusivity. The foundation will also oversee an annual prize, the WeTransfer Award for Creative Excellence.
WeTransfer’s Supporting Act Foundation is the latest step in a sequence of initiatives to support the creative community and the arts.
- Since its launch in 2009 WeTransfer has donated 30% of advertising space to raise awareness for up-and-coming artists, creative work, and the world’s most pressing issues—such as climate change, mental health, and gun control.
- In 2014, WeTransfer began a partnership with London’s Central Saint Martins College of Art to provide bursaries. One high-profile recipient went on to found his own successful fashion label in South Africa.
- In 2016, WeTransfer launched the world’s first free Master of the Arts in Experience Design with the University of the Underground.
- The company has provided over €500,000 in grants and sponsorship opportunities to empower creative professionals and creative institutions.
- WeTransfer has partnered with more than 300 organizations that share its values and commitments as a B Corporation™.
For more information on WeTransfer’s Supporting Act Foundation, please click here.
Climate Neutral Certified
As a Climate Neutral service, we are determined to achieve net-zero carbon with a focus on reducing our own carbon output, offsetting any remaining emissions, and encouraging our supply chain to do likewise. It’s hardly news that businesses have a crucial role to play in reversing climate change. That’s a reality that applies with extra force to those companies with cloud products at their core. And that means us. This is just one towards our real goal. We want to turn ourselves into a carbon-positive company, one that actively removes carbon from the atmosphere.
WeTransfer’s main focus is to take the necessary steps, both internally and externally, to maintain its certified B Corp status. This means investing significantly in measuring, monitoring, and reporting on our CSR efforts, as well as documenting any progress or challenges on that front as the company grows.
In 2021 WeTransfer launched its first ever Responsible Business report, highlighting all the work the company has been doing in this area; continuing with a 2022 version, titled How can we B-better?—reflecting on the progress made so far.
B Corporation Certification
B Corporation Certification commits WeTransfer to meet the highest standards of verified social and environmental performance, public transparency, and legal accountability. To maintain the certification as a certified B Corp, WeTransfer must update its impact assessment and verify its updated score every three years.
Code of Conduct
Our Code of Conduct describes our responsibilities and obligations as a company and lets all our community of users, advertisers, media partners, creatives and communities we work with know what to expect from us, and how we'd like to do business with them.
You can find our code of conduct here: WeTransfer Code of Conduct.
As a tech company, WeTransfer has a crucial role to play in tackling climate change. Our Climate Policy provides an overview report of WeTransfer’s ambitions and strategies towards a responsible and climate positive technology business.
You can find our climate policy here: WeTransfer Climate Policy.