Fund Boards Council (FBC) has today announced its certification as a B Corporation (or B Corp). Verified by B Lab, the not-for-profit behind the B Corp movement, this achievement demonstrates that Fund Boards Council meets high standards of social and environmental performance, transparency, and accountability.
To become a certified B Corp, companies must complete a rigorous assessment of the impact of their operations and business model on their internal team, their customers, the community and the environment.
FBC Head of Operations, Fiona Evans comments, “We are extremely proud to have achieved B Corp status. As an organisation dedicated to advocating high standards of governance in the asset management industry and supporting our corporate members in this capacity, some of whom are also B Corps, it’s an external validation of our high level of service and responsible practices.
Additionally, we feel privileged to join the global B Corp community – a respected group of forward-thinking companies reshaping the role business plays in society.”
Chris Turner, executive director of B Lab UK, says, “We are delighted to welcome FBC to the B Corp community. This is a movement of companies that are committed to changing how business operates and believe business really can be a force for good. We know that FBC is going to be a fantastic addition to the community and will continue driving the conversation forward.”
As a B Corp, FBC is now included among like-minded organisations that are leading a global movement for an inclusive, equitable, and regenerative economy. This certification underscores FBC’s commitment to running its business in a way that benefits all stakeholders.
