Financial planning firm First Wealth has been B Corporation (B Corp) certified after meeting rigorous social and environmental standards which demonstrate its commitment to “goals outside of shareholder profit”.
The business said it was now part of a group of companies - more than 3,500 globally - which are "reinventing business by pursuing purpose as well as profit" and it aimed to "disrupt this industry to its core". B Lab is a not-for-profit organisation behind the B Corp movement. Certification assesses businesses on five key impact areas: governance, workers, community, environmental and customers. Firms have to reach a benchmark score of more than 80 while providing evidence of socially and environmentally responsible practices relating to energy supplies, waste and water use, worker co...
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