To B Corp on not to B Corp? Factors FS firms should consider

Enhanced reputation and long-term sustainability

clock • 4 min read

Alison Whatnall explores the journey to B Corp status for financial services firms...

Since 2006, firms accredited with B Corp status meet high standards of social and environmental performance, accountability to all stakeholders (not just shareholders or owners), and transparency in a bid to change the corporate world. There are currently more than 6,000 certified B Corporations in more than 80 countries and over 150 industries – with just over 650 financial services firms accredited. Obtaining a B Corp status is not an easy feat. With financial services firms under greater scrutiny, many wealth and investment firms are declaring their passion for improving the bringi...

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