ProVen’s Post

🌍 Becoming a B-Corp: Scaling Up with Purpose 🌱 Join us as we explore the world of B-Corp certification on March 14, 2024. Discover the inspiring stories of industry leaders and learn from their journeys that are full of challenges, achievements, and the moments that shaped their path to becoming B-Corps. 📅 Thursday, 14th March (10:00AM – 11:00AM GMT) 🗣 Featured Panellists: Bernard Wiley, Head of Sustainability (Who Gives A Crap) - Transforming eCommerce with a significant social impact. Amy Bourbeau, Cofounder and Chief Impact Officer (Seismic) - Advising on sustainability and driving change with companies like Patagonia and Innocent Drinks. James Goodwin, Chief of Staff (ENSO - 2023 Earthshot Prize Finalist) - Pioneering in the clean-tech automotive sector as the first tyre company to earn B-Corp status. Victoria McDonnell, Marketing Director (Capsule Insurance) - Specialising in protecting fast-scaling UK enterprises. Helen Lucas, Partner (Ignition Law) - Providing integral legal services for start-ups and high-growth enterprises. Engage with a panel discussion followed by a Q&A session where you can get your burning questions answered. This event is not just about the 'what' of B-Corp certification but the 'how' and 'why' it is essential for businesses seeking to make a difference. Don't miss this unique opportunity to engage with thought leaders who are redefining the landscape of responsible business. Register here 👇 https://lnkd.in/eEArKEDH Discover more about our "Commercial Conversations" series and how it can support your growth journey, no matter where you are on your entrepreneurial path. Learn about future episodes 👇 https://lnkd.in/dnKJSk_H #bcorp #sustainablebusiness #sustainability #businessgrowth #businessstories #startupsuccess #ethicalbusiness #leadership #greenbusiness #entrepreneurship #responsiblebusiness #changemakers

🌍 We are proud and delighted to announce our successful B Corp™ recertification! This builds on our initial certification three years ago and allows us to stay with over 9,000 enterprises globally that believe business should be a force for good. 🌟 Being a Certified B Corporation® means that organisations have to evidence and demonstrate their systems align to the qualifying standards but even more so, a commitment and accountability for operating with the highest standards of social and environmental responsibilities and impact. It is a rigorous process and rightly so, one which we've always been dedicated to being measured against. The B Corp process addresses five essential areas: Governance, Workers, Community, Environment, and Customers. With each recertification, companies must demonstrate their commitment through rigorous standards and a minimum score of 80 points, proving responsible practices in areas such as sustainable resource use, fair worker compensation, inclusive and transparent governance, and environmental stewardship. With a score of 112.6, we’re proud to have raised the bar even higher as we continue to improve, evolve and diversify. Our journey with the B Corp movement began in 2021, and our original certification score of 99.7 was a proud milestone. This latest score reflects our ongoing drive to excel. This achievement also comes after a challenging year, where we encountered some obstacles yet stayed true to our mission for greater sustainability, transparency, and resilience. This was also the year we developed our first spin-out, ARC. A Regenerative Culture., through which we’re supporting other organisations on their sustainability journeys. This initiative significantly contributed to our increased score, demonstrating our commitment to an impact-driven business model. 🌱 At People & Transformational HR Ltd, we have based our ways of being not on four simplified words that represent our values; but on eight principles. Prosperity over Profit, Justice and Belonging and Energy and Wellbeing being just three that symbolise our openness, devotion and intentionality. This recertification strengthens our pledge to embed purpose in every facet of our operations, staying true to our mission: better business for a better world. Our micro-enterprise stands alongside a global community of over 9,000 businesses, and in the UK alone, we’re one of over 2,000 companies, united with purposeful brands such as The Guardian, innocent drinks, Patagonia, Bambino Mio®, HappyPorch, Happy Ltd, Neo | Best for the World B Corp™, The People Experience Hub and many others. A huge thanks to our team, our Visiting Transformers, Spiritual Investors, and all our partners and community for inspiring us to be our best and helping us work towards a sustainable, inclusive future for all. Here’s to another chapter in using business as a force for positive change! #BCorp #BCorpCommunity #BetterBusiness #PurposeDriven #PeopleAndPlanet B Lab UK

Navigating the insurance industry can feel like sailing through uncharted waters at times - full of unpredictability and sudden changes in direction. However, it’s precisely in these moments that innovation becomes our guiding star. Embracing innovative strategies allows us to stay ahead of the curve and meet our clients’ needs in ways that were previously unimaginable. From leveraging new technological tools to developing unique product offerings, innovation is the key to thriving in this dynamic landscape. Let’s continue pushing boundaries and exploring new horizons together – because when we innovate, we lead. #InnovationInInsurance #LeadingChange #

If you or your clients haven’t heard about EcoClaim yet, be sure to check out this emerging company that are changing the landscape of insurance one tonne of avoided carbon at a time. Lead by entrepreneurial leaders Jodi Scarlett & Ross Haurt. Discover foreyourself and then share with your clients! #ECOCLAIM

Brands seeking guidance on implementing a sustainability plan for their attractions must look at the IAAPA resources. IAAPA promotes and encourages sustainability, providing resources to help brands adjust to consumer demands. Read more: https://buff.ly/4941Gjz #Insurance #Sustainability #AmusementParks

In a significant step towards sustainability, F&P, the Danish trade association for insurance companies and pension funds, has expanded its strategic partnership with Solera Holdings, LLC. In a recent social media post, Jing Liao, Solera’s Chairwoman of Executive Sustainability Committee and CAO said of the move: “One bold step at a time, every step matters—every individual, every company, every nation—do not stop or wait for others to take action. Instead, please step up and lead, drive the change necessary to create a better world for future generations. We will shape the legacy we leave behind.” Peder Herbo, director of Autotaks at F&P stated: “Solera’s solution is accredited, so not only does it provide the wealth of data offered, but we know its data has been verified as trusted to provide the accuracy we need." Franck Carpentier, Solera’s International Channel Sales & Operations Director, added: “We’re proud to extend our partnership with F&P, a market leader that shares our commitment to shaping a more sustainable automotive industry." Read the full story here: https://lnkd.in/gDxiE3Y6 Solera's Arnaud AGOSTINI, Managing Director, International, will be taking to the stage at Insurtech Insights Asia 2024 in Hong Kong, on December 4th and 5th, to discuss "Impact from Digital: “Rewiring” to Achieve Real Dividend from Digital and Analytics" . Other leaders from Solera will also be hosting sessions and panels - with details to be confirmed. #insurtechinsights #insurance #solera #partnerships #denmark

“Running a successful business is difficult, delivering real impact is difficult, delivering both at the same time is extremely difficult” Not all companies were born purposeful. For many, particularly heritage brands, becoming purposeful is a journey. Big organisations tell us they want to act purposefully and achieve impact but don’t know how to move from strategy to action. They’re stuck. We created our Impact Maturity Scale to help kickstart those difficult conversations. Everyone’s journey is different and it’s by no means a linear one. But you need a way to benchmark where you are compared with where you want to be. Hear as we chat to Simon Burckitt and David Schfield about from Aviva about where they feel they are on this journey. https://lnkd.in/g8nfvF47

🗝 Unlocking sustainability as a strategic opportunity 🗝 Next week, James Kench, CFA, Kita's Head of Insurance, will be taking part in 'Accelerate Sustainability', presented by Better Insurance Network. The event seeks to explore the ways in which innovation in the insurance sector can support sustainability. James will be providing an overview of the carbon markets and highlighting the ways in which insurance can protect carbon credit transactions in order to catalyse investment. The event is sold out but there will be the opportunity for members of the network to access the recordings after the event. More details here: https://lnkd.in/eQi63vAZ #carboninsurance #carbonmarkets Antony Ireland

CEOs and business owners - no, you don't have to. BUT! If you're reading this, you probably have read my previous posts about how private companies, and not only listed corporations, can also profit from #ESG implementation. All right, by now you know how each of three #ESG components, Environmental, Social and Governance contribute to the ability to open new revenue streams, increase profitability, attract and keep the best employees and become investor-friendly. You have also seen why all these three components are interconnected, influence each other and should be treated as a single package to really profit from the #ESG implementation rather than three independent objectives. But how to go about the actual implementation? "#ESG is very complex, but it can be started with some very simple steps", said an entrepreneur / investor and a big #ESG fan, Callum Laing. The McKinsey study of numerous companies suggests these three principles for the #ESG implementation. *** Get specific *** Different people may take some of the options very personally. It’s therefore important to choose a few #ESG projects with the broadest support of your organization (employees, partners, suppliers and, of course, the customers). For some it can simply be a monetary contribution to an honorable cause, while for others (e.g., mining or tobacco companies) it can be tightening the community ties. *** Get practical *** “Saving the planet” is a very noble cause but it won’t work as a company objective. #ESG initiatives must be measured as any other KPIs and need to be directly tied to the value-creating objective the company already pursues. It’ll be much more effective to have employees focus on output per electricity use, waste cost per employee or per plant or revenue per calorie for a food/beverage business, for example. Analyze which metrics may have the greatest impact opportunity, experiment and adapt if necessary and be transparent and publish the results. This brings success faster and also increases the trust of all stakeholders, including investors, in your endeavor. *** Get real *** Let’s be realistic. #ESG implementation may go wrong, or, in the best case, may create short-term destroy shareholder value. Ed Stock, the CEO of the American sports goods retailer Dick’s Sporting Goods estimated that his announcement of limiting the gun sales will reduce his turnover. He was right, the sales went down by $150 million (less than 2%). BUT, within a little over a year the company stock climbed 14%! Be prepared to (short-term) failures and blowback, be transparent, stay on course. You, as a CEO, are the ultimate leader who can guide your company on the rewarding #ESG implementation. I hope that now you are ready to start your #ESG journey. Not because you have to, but because you believe it’s worth it for your company. It may not be easy. But you’re not alone – your advisory board / board of directors is there to assist you. Do good, do well and enjoy! #NED

It was our pleasure to team up with Capsule Insurance once again to write their second annual round-up of the B Corps making a positive impact on the world 🌍 When it comes to content, it’s not just about words on a page. It’s about sparking conversations, driving awareness, and supporting initiatives that matter. Give it a read below 👇 https://lnkd.in/gEu9nRcP #bcorp #bcorporation #businessforgood