Research by B Lab UK shows that:
- 76% of the UK public think business should have a legal responsibility to the planet and people, alongside maximising profits.
We believe being a responsible business means making a positive contribution to society and the environment. Every action counts. Businesses can bring about immense change and leave a lasting legacy that protects rather than harms, gives back more than it takes. Our Vision is to act as a force for good, making sure we understand how to maximise our positive impact.
Aiming to become a B Corp means no more business as usual (BAU) making the same decisions designed to generate profit, and expecting a different outcome in terms of impact. We believe the traditional way of running a business purely for profit by any means does not fit with achieving sustainable growth and building a fairer future for all.
The climate crisis demands something different from all of us.
What are the challenges?
Embracing change means adapting a different mindset. It means businesses making bolder decisions to reduce emissions and waste, asking difficult questions from their supply chain, and challenging their own BAU operations having a detrimental impact on people and the planet.
Three steps we are taking:
Do you believe business can drive positive change? We do. When is the best time to begin? Today. What else is needed to address the climate crisis? Real vision from business leaders who give a damn about making sure there is a brighter and fairer future for the next generation. And the next. A different mindset and leadership is needed. Global B Corp companies explain why here.
Developing a purposeful legal business means considering people and the planet alongside profit – not just profit at any cost. Because getting the balance right matters.
Annual reflections and review process allows colleagues to have open conversations about career progression, and SMART personal goals.
We don’t leave it 12 months between discussions. We believe in supporting ongoing growth through mid-year reviews and regular 1:1s.
Progression pathways are transparent. They are designed so everyone knows what they are working toward, and how to get there.
Bite-sized training ensures continual development, means colleagues can step away from their desks to focus on self-improvement. ‘Power Hour’ sessions develop personal skills while ‘How to Wow’ focusses on personal development.
Mentoring scheme recognises the talent with in HM3, and taps into this. It gives colleagues the chance to share knowledge, support and learn from each other. Mentoring is open to 100% of employees, and provides a the opportunity for collaboration between teams at all levels.
This scheme is about developing skills – legal or otherwise – as well as ‘soft’ skills, best practice, and sharing ideas. Mentors and mentees both find the partnerships are reciprocally beneficial.
We recognise we all have something to contribute, regardless of role or experience.
No-one ever said it was easy. We are facing challenges trying to realise our Vision, yet remain committed to creating an achievable road map to reach Net Zero by 2030 (beginning with scopes 1 and 2, and progressing to scope 3). What actions are we taking? We are auditing activities to have a clearer view of the impact of our operations and supply chain, setting targets to report upon year on year.
We expect to hit speedbumps, but are continuing to improve wherever we can. One action at a time. Thank you to Lancaster University for guiding us toward this ambitious goal.
A fundamental shift in how we work includes changing our Articles of Association (AoA) to account for all stakeholders, not just shareholders. We have signed up to the Better Business Act, as we believe that changing UK law to ensure companies in the UK align their interests with those of wider society and the environment is not a nice to have – it is a must have.
Starting with updating Section 172 of the Companies Act to consider all stakeholders impacted by business activities: society, colleagues, the environment and those we do business with. What is the triple bottom line? People, planet and profit, as explained here. There is some urgency for considering all stakeholders in business operations to achieve balance.
If you would like to join the growing number of businesses updating their AoA, please contact us. As well as going through the process ourselves, we have helped others sign up to the Better Business Act. We believe it is the right thing to do and is the way forward for any progressive business that genuinely wants to make a difference.
We believe we are all experiencing a climate emergency that cannot be ignored. The science is clear. Today’s actions are already being felt around the world by communities and ecosystems, and will affect many generations to come. We can do better. We believe in building a fairer future and have joined Business Declares to add our voice to the growing number of businesses calling for positive change and rejecting harmful practices. Who is leading the way?
All business leaders are at the forefront of change and can have a vital role to play.
In the “decisive decade” who does not want to create a more sustainable future? Many say history will favour proactive companies “doing the right thing”, creating innovative solutions to benefit society and the environment. A no-brainer, right?
Change needs bold action from visionaries and influencers who share the responsibility. We are one businesses supporting the Paris Agreement and following B Corp principles because we want to make a positive difference and act as a force for good. We believe we all have a choice to make. 1: Building a brighter and fairer future that considers people and the planet, not just profit. 2: Ignore choice 1 and continue with Business as Usual (BAU). Clue: BAU is no longer working as a sustainable option.
For decades it has been the norm to seek profit at any cost. This has led to degrading many natural habitats and communities. The good news is we are aware of the damage being caused as a direct result of certain collective actions. The environment has been affected by unsustainable palm oil, plastic and e-waste, over-consumption, soil degradation, deforestation and more. Spotlights on human rights and modern slavery have highlighted the true price of certain actions and consumer decisions.
We believe a change is well overdue. By accounting for people, planet and profit (the “triple bottom line” succinctly explained here – not just profit at any cost – we have fundamentally changed the way we do business. For us, measuring money is only one dimension. What else is important? Employee engagement, community giving, adding value and wellbeing.
We are taking steps to reduce the direct and indirect impact our business is having on people and the planet. We are an information-heavy industry – relying hugely on paper use, and physical and digital storage. By benchmarking and improving processes we have begin to reduce our impact. Actions taken so far include raising awareness of transport, waste management and material use, switching to sustainable products and reducing virtual storage. We have undertaken specific training to go ‘paper-lite’, reduce the impact of emissions associated with digital activity, and introduced carpooling.
Working with suppliers is helping to calculate the impact of running our our offices – it is proving trickier to accurately calculate our homeworking impact, and displaced emissions too. We have a long way to go to cover all areas. But we are learning how to improve our processes, contribution to local communities, and reduce negative impacts.
In terms of goals, targets, outcomes and improvements, our 5 areas of focus are:
When looking to build a purpose-led business we were overwhelmed by choice. And a little bamboozled by what it all could mean to our business operations. We wanted a process that “held our toes to the fire'” After looking at various options, UK For Good introduced us to B Corp which offered a rigorous process across all areas: Governance, Workers, Community, Environment and Customers. In practice? We found “rigorous” was an understatement. “Thorough and extensive” didn’t even come close to the level of detail involved to achieve global certification.
So would we recommend B Corp? Certainly – for any business looking to act as a force for good and genuinely make a difference.
Going through the B Corp process leaves no stone unturned but guess what, it has led to improvements we would not have been made aware of without aiming for certification. We have a long way to go, but have made a start.
Research by B Lab UK shows that:
And according to Forbes:
Recruitment agencies – heads up, we do not accept speculative CVs including those responding to roles on our website. We work directly with a PSL and will not accept liability for fees or commission if we employ a candidate who applied directly to us, or who was put forward by an uninstructed agency.