Ecosurety joins BCorp in inclusive economy move
Ecosurety has joined a global network of 3,200 companies with B Corp certification, reinforcing a long-standing commitment to deliver change for good, the scheme has announced.
Ecosurety revealed that it has become the first recycling compliance scheme to successfully receive the social and environmental business standard, with certification as a registered B Corporation in the UK.
With 290 B Corp businesses currently registered in the UK and over 3,200 across the globe, Ecosurety joins a growing network of companies reinventing business, by pursuing purpose as well as profit.
B Corps are for-profit companies that use the power of business to build a more inclusive and sustainable economy. Businesses seeking the certification are externally assessed by B Lab to ensure they meet rigorous social and environmental standards which represent their commitment to goals outside of shareholder profit.
Socially and environmentally responsible
The B Corp certification covers five key impact areas of Governance, Workers, Community, Environment and Customers. Successful companies have reached a benchmark score of over 80 and provide evidence of socially and environmentally responsible practices. By becoming a B Corp, Ecosurety is committing to deliver greater levels of transparency, accountability and ambition across these areas.
Over the last five years Ecosurety has been working to drive reform to the UK’s Extended Producer Responsibility system through increased transparency and recycling capacity. Alongside this the company has worked to drive forward education, innovation, collaboration and investment across the UK recycling sector.
In November 2019 Ecosurety launched its first ever Exploration Fund, ring-fencing £1million over the next three years for innovation and research projects tackling the negative effects of packaging, batteries or electronic waste on the environment.
Committed to increasing its own levels of transparency, Ecosurety has, for the last three years, published an annual impact report detailing the scope of work delivered outside of its recycling compliance commitments. Ecosurety’s 2019 impact report was published in April 2020.
Equal value on people, planet and profit
Kate Sandle, Director of Programmes and Engagement of B Lab UK, says “We are delighted to welcome Ecosurety to the B Corp community. This is a movement of companies who are committed to changing how business operates, who believe business really can be a force for good.”
“Welcoming Ecosurety is a particularly exciting moment because we’ve seen that the resources and waste industry is in particular need of a shake-up. We and the rest of the B Corp community are really pleased to support Ecosurety in paving the way for a new way of doing things.”
James Piper, chief executive of Ecosurety, which has a “long-standing commitment to delivering change for good”
James Piper, Ecosurety CEO, commented “Ecosurety has a long-standing commitment to delivering change for good; not only for our members and the recycling sector upon which we rely, but our staff, our communities and our shared environment.”
“Receiving this B Corp certification has provided Ecosurety with welcome recognition that the change we strive to deliver outside of the recycling compliance sector is having a positive social and environmental impact.”
“We are delighted to be joining the growing community of B Corps across the UK that hold a similar set of values to our own and hope to use the B Corp certification as a valuable meter of progress as we continue to evolve as a business that places equal value on people, planet and profit.”
To find out more about our B Corp certification or our range of compliance services, please contact our team.
About B Lab UK
B Lab UK is a non-profit established in 2015 to serve a growing community of 290 UK-based companies using business as a force for good. B Lab measures and verify companies’ environmental and social performance using the B Impact Assessment, and ensure rigorous standards are met by all UK B Corps.
Together with B Lab teams from around the world, they link a global network of socially and environmentally responsible businesses and promote positive, action-led change towards a new approach to business.
For more information, please visit http://bcorporation.uk/
(Note: article contributed by Ecosurety)