Consulting firm Egremont becomes certified B Corp

21 February 2020 Consultancy.uk

As businesses seek to live up to the changing expectations of customers, an increasing number are having to prove they are driven by ‘purpose’ as much as by profit. Egremont Group hopes to demonstrate this with the news the firm has been accredited as a B Corp – following an extensive year-long auditing of the firm’s corporate governance and community outreach efforts.

B Lab is a non-profit organisation that was founded in 2006 in Berwyn, Pennsylvania. B Lab created and awards the B Corporation certification for for-profit organisations. The accreditation process was established in order to unite businesses as a force for good, and analyses a company’s impact in five main areas – workers, community, environment, customers and governance. The team engaged with suppliers and employees across the business to consider the impact their actions have on each of these areas.

B Lab describe organisations that have achieved the accreditation as meeting “the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.” One of the latest firms to achieve this lofty criteria is UK- and Chicago-based management consultancy Egremont Group.

Consulting firm Egremont becomes certified B Corp

Sean Connolly, CEO of Egremont Group said of the news, “As we celebrate our 20th year, it is important that we take time to assess the wider impact of our business on the planet and communities… Care is one of our core values, so these issues have always been at the forefront of the way we do business and this accreditation is a fantastic way to embed them into the future of the company for the next twenty years.”

Egremony specialises in breakthrough transformation, and announced that it received B Corp accreditation after a rigorous audit of the company’s business practices. The firm had been working towards accreditation for the past 12 months, with a dedicated team assessing and investigating everything from decision-making processes, quality of client service, and how the company cares for its people, down to individual policies and buying decisions.

Hannah Crossley, Principal, who led the project to become a certified B Corp, said, “The B Corp process challenges us to make sustainable choices across our business and in particular super-charge our mission to become climate positive rather than simply climate neutral. For every profitable month we’ve committed to offsetting our estimated carbon footprint times two. Our staff fully believe in this commitment… and are actively involved at every level, from helping us to drive sustainability to our charity efforts, including two volunteering days a year for all employees.”


×
×
×
×