Bridges ranked in top tier of B Corps globally
Every year, certified B Corporations – businesses that publicly commit to the highest standards of social and environmental performance, transparency and accountability, as verified by the non-profit B Lab – must go through a re-certification process, to benchmark against current best practice. This process takes into account how the business operates across several categories – Governance, Workers, Community, Environment and Customers – to produce a a holistic view of its impact.
This year, we’re delighted to report that Bridges achieved a B Impact assessment score of 145.4. By our reckoning, that puts us in the top 1.5% of B Corps globally.
We have long been a supporter of the B Corp movement, which began in the US and launched in the UK in 2015. Its mission aligns closely with our own conviction that by helping to build a better future for people and the planet, businesses have a unique opportunity to create lasting economic value. And the framework it provides has become a very useful way for us to identify value creation opportunities and disseminate best practice across our portfolio of investments.
Bridges was a founding UK B Corp and has remained at the forefront of the movement. At COP26 in Glasgow, for example, we stood alongside fellow B Corps in our sector as founding members of the B Finance UK coalition, to encourage other financial institutions to be more transparent and accountable on climate action.
For more information on the B Corp movement, please click here.
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