Future Business Partnership, one of the UK’s fastest growing ethical funds, has made a significant impression by securing the UK’s highest B Corp score to date.
This recognition not only underscores the firm’s dedication to positive impact but also sets a new benchmark for the industry.
Top BCorp Private Equity Firms
Future Business Partnership has outstripped the typical threshold needed for B Corp certification, proving its commitment to higher standards of purpose, transparency, and accountability in business.
The B Corp certification delves into a company’s operations and business model to ensure their utilisation of profits and growth also contribute to environmental and social well-being.
By receiving the highest B Corp score in the UK, Future Business Partnership has showcased its strong emphasis on sustainable investment models.
Key Takeaways
- Future Business Partnership achieves the highest B Corp score in the UK, exemplifying excellence in sustainability and social responsibility.
- The firm’s recognition reflects a commitment to the highest standards in ethical business practices, setting a benchmark for the industry.
- This achievement signals the growing integration of profit and purpose within the competitive London financial landscape.
Understanding B Corp Certification
B Corp Certification recognises companies that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit with purpose and is essentially designed for businesses that are committed to making a positive impact on society and the environment.
To become a certified B Corporation, a company must undergo a thorough assessment that evaluates how its operations and business model impact its workers, community, environment, and customers
And with increasing ESG, Article 8-9 and the rise of the impact fund, PE and VC firms are increasingly seeing the value of accreditation.
So, by achieving this goal, FBP has firmly planted itself as a leader in sustainability within the private equity sector, of which there will be many more who will follow.
Advantages for Portfolio Companies
Future Business Partnership, with its B Corp leadership, extends distinct advantages to its portfolio companies.
These companies benefit from association with a brand that embodies sustainability and ethical governance, enhancing their market position.
The value creation chain is fortified as these companies leverage the B Corp status to operationalise growth, attract neo-consumer segments, and stimulate a cycle of elevated performance that can potentially lead to premium valuation in their respective markets.
Profile of FBP
Future Business Partnership, located in the heart of London, specialises in the private equity sector with a particular focus on sustainable consumer brands within the household consumer goods industry.
They have successfully merged financial acumen with sustainable practices, offering expert guidance in a market that’s increasingly conscious of its ecological footprint.
For more information on their impact score and industry standing, you can read about the UK’s highest B Corp score awarded to this private equity firm here.
Notable Sustainable Brands under Future Business Partnership
Future Business Partnership has a diverse portfolio, including brands like Naïf and Big Green Smile, both of which have built reputations on sustainable and ethical business practices.
These brands are recognised for their environmental progress and commitment to reducing ecological footprints, aligning with FBP’s mission to invest in companies that prioritise sustainability.
- Naïf: A personal care brand using natural ingredients and environmentally-friendly packaging.
- Big Green Smile: An eco-friendly retailer, providing a vast range of natural, organic products and advocating for green consumer habits.
FAQ
What criteria are used to determine the B Corp score for UK companies?
The B Corp score for UK companies is determined by the B Impact Assessment, which measures a company’s performance across five key areas: governance, workers, community, environment, and customers. Businesses need a minimum score of 80 to certify.
Can you name some prominent private equity firms in the UK that hold B Corp certification?
Future Business Partnership is notably the highest-scoring private equity firm in the UK to achieve B Corp status, with an exceptional score of 174 points.
How does the B Corp certification process work for UK-based firms?
UK-based firms seeking B Corp certification must undergo a rigorous process, which involves completing the B Impact Assessment and meeting a threshold score, as well as providing supporting documentation and undergoing a verification review by B Lab.
What are the benefits for a UK company to attain B Corp status?
Attaining B Corp status provides UK companies with recognition for their commitment to social and environmental performance, accountability, and transparency, fostering trust with consumers, employees, and investors.
Which sectors in the UK are most represented amongst B Corp certified businesses?
A diverse range of sectors are represented among B Corp certified businesses in the UK, including retail, professional services, manufacturing, and more. They all share a common commitment to balancing profit with purpose.
How does a UK private equity firm’s B Corp score compare internationally?
Future Business Partnership has set a global benchmark for private equity firms by obtaining the world’s highest B Corp score for equity investors and investment advisory firms, distinguishing the firm internationally.
