Kin + Carta Plc becomes first business on London Stock Exchange to achieve B Corp Certification
PR93393
LONDON, Dec. 1, 2021 /PRNewswire=KYODO JBN/ --
- Digital transformation consultancy meets highest standards for ethical
business practices
Global digital transformation consultancy Kin + Carta
(https://www.kinandcarta.com/en/ ) has become a certified B Corp across all
markets in which it operates. This makes it the first publicly-traded business
on the London Stock Exchange to gain the accreditation and one of only 16
fully-certified public B Corps globally.
Photo - https://mma.prnewswire.com/media/1699815/J_Schwan__Kin___Carta_CEO.jpg
Kin + Carta joins a select group of listed businesses to have earned the
certification, which demonstrates it meets the highest standards of social and
environmental performance, transparency and accountability. Kin + Carta
exceeded the B Corp requirements across governance, workers, community,
environment and customers as assessed through a rigorous independent
verification process.
B Corp certification represents another important milestone in the company's
responsible business journey, having spent the last three years reviewing and
improving its operations and proposition to ensure positive impact across all
areas (https://www.kinandcarta.com/en/social-responsibility/ ).
"The culture of business is changing, and success today should not be defined
by profit alone," said J Schwan, CEO, Kin + Carta, following shareholder and
client endorsement to pursue the certification.
"Kin + Carta's mission is to build a world that works better for everyone, and
today this goal has been validated against the very highest standards. Our
bottom line is not just about profit; it's about people and the planet too.
We're motivated by a desire to place value in action over words, and build a
successful business that gives back to the world in which it operates.
"As part of this journey, we're hugely proud that 99 per cent of our
shareholders voted we should pursue this path, making us a rare example of a
public company that has chosen to become a B Corp. I hope it inspires others,
and reinforces the reason why so many talented and forward-thinking people come
to work for us."
B Corps are legally required to consider the impact of their decisions on all
stakeholders, and represent a growing ambition to recalibrate the existing
economic system.
Chris Turner, Executive Director of B Lab UK said: "We're transforming the
global economy to benefit all people, communities and the planet. Today's
announcement from Kin + Carta as the first business on the London Stock
Exchange to achieve global B Corp Certification marks a huge milestone in our
journey, particularly because shareholders voted to prioritise stakeholder
value over shareholder value. This is the start of a growing trend in UK PLCs,
shifting perceptions of what defines value, we very much welcome and support
others looking to do the same."
John Kerr, Chairman of Kin + Carta, concludes: "Kin + Carta's commitment to
becoming a certified B Corporation encompasses our role in society and with our
clients, while being an enabler for our people to achieve their ambitions. All
of this has been driven by a number of highly motivated people, but achieved by
our Kin globally, all of whom have been dedicated to making it happen.
"I'm incredibly honoured to be able to announce that Kin + Carta is the first
business on the London Stock Exchange to achieve global B Corp Certification
and I look forward to what the future holds for the Group."
About Kin + Carta
Kin + Carta is a global digital transformation consultancy committed to working
alongside our clients to build a world that works better for everyone.
Our 1,700 stategists, engineers, and creatives around the world bring the
connective power of technology, data, and experience to the world's most
influential companies, helping them to accelerate their digital roadmap,
rapidly innovate, modernise their systems, enable their teams, and optimise for
continued growth.
As a Certified B Corp, our triple bottom line focus on people, the planet, and
profit is at the core of everything we do. For more information, please visit
www.kinandcarta.com.
SOURCE Kin + Carta
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