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OC&C Technique Consultants has develop into the newest consulting agency to develop into licensed B Company. The information sees the technique agency be a part of a world group of companies dedicated to balancing revenue with goal.
Will Hayllar, OC&C Technique Consultants’ world managing associate, commented on the milestone, “We aspired to develop into a B Corp to place our values into apply – transferring past revenue to make a constructive influence on individuals and the planet. As a world technique consulting agency rising in measurement and affect, it’s crucial to make sure these ideas are intrinsic to each our core strategic work for purchasers and the best way our enterprise operates extra broadly’’.
“The muse of our enterprise is our individuals. I hope this mark of assurance instils a way of pleasure and motivates even larger engagement in our collective mission’’.
B Firms are corporations that meet the requirements of social and environmental efficiency, transparency, and accountability set by B Lab, a non-profit community. Over the course of certification, it evaluates corporations in response to their verified social and environmental efficiency, public transparency, and authorized accountability.
To develop into a B Corp, OC&C has undergone rigorous analysis by B Lab, assembly excessive requirements for social and environmental influence. This certification additionally displays the agency’s ongoing dedication to utilizing enterprise as a power for good, evidenced by its authorized dedication to stakeholder governance and pledge to steady enchancment.
Chris Turner, Government Director of B Lab UK, shared, “We’re delighted to welcome OC&C Technique Consultants to the B Corp group. This can be a motion of corporations who’re dedicated to altering how enterprise operates and imagine enterprise actually is usually a power for good. We all know that OC&C Technique Consultants are going to be a unbelievable addition to the group and can proceed driving the dialog ahead”.
In keeping with a launch from the agency, OC&C has “at all times been dedicated to constructing for the long-term”, and B Corp standing “aligns nicely with these values and initiatives already pursued by the agency”. The agency added that within the broader group, the agency’s industrial shopper work more and more embeds environmental, social, and governance (ESG) ideas, and the sources devoted to professional bono work have regularly expanded to almost 1.5% of all income. Environmentally, the agency has additionally made vital strides in performing in-depth measurements of its carbon emissions and setting and dealing in the direction of science-based targets to minimise its footprint.
Deidre Sorensen, world head of ESG, OC&C, added, “We’re proud to face shoulder to shoulder with over 7,000 B Corp corporations worldwide, united in a dedication to make use of enterprise as a power for good. And while it is a second to rejoice, we all know that is only the start. From our carbon footprint to our stakeholders’ well-being, each facet of our influence will likely be reviewed on an ongoing foundation, in search of methods to create constructive change. It’s formidable to make this dedication, however crucial if we need to drive lasting influence in a real method.”
The consulting trade’s B Corp cohort has been steadily rising, alongside client expectations for critical ESG commitments from corporations they spend cash on. Together with Campbell Tickell, Moorhouse and Magnetic additionally just lately handed the strict standards to achieve B Corp standing.
Nonetheless, there’s a persevering with debate round what being a B Corp truly means. Whereas it’s typically billed as being a ‘motion’, or an indicator of moral enterprise practices, some licensed B Corps preserve that their standing shouldn’t rely on which corporations – akin to huge oil companies – they work for. A latest opinion piece from And Rising CEO Jonathan Trimble argued that B Lab “has no inherent obligation to overview something past a score for certification.”
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