Luke Cross’ Post

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Director (London) at Social, certified B Corp, credible ESG and impact communications

This sparks a much-needed debate in my view and begs the question: where is the line when it comes to who you’re willing to work with? We’re very proud to be a B Corp UK but we know it isn’t everything - it commits us to a rigorous framework, and sets out what we’re about, but ultimately it’s what we do rather than what we say that matters. Calls are being made to B Lab - which oversee the B Corp movement - to ditch any agencies supporting fossil fuels companies, and B Lab has set out a conventional ESG screening approach to ‘controversial’ sectors in its initial response. According to The Drum, B Lab’s executive director Chris Turner has said: “B Lab has not stipulated the exact industries that B Corps cannot work with. That being said, if a company has clients in the fossil fuels, defense, firearms, gambling, hazardous materials, pornography, prisons or tobacco industries, then their eligibility for certification would be reviewed.” But there’s nuance here. One could make the case for working with a fossil fuels firm that is genuinely committed to transition and a net zero pathway. And many of us are familiar with the ESG debate (and backlash) that followed Russia’s invasion of Ukraine, regarding investing in defence and arms manufacturers. But - and it’s a big but - it’s a very murky, subjective area that is ripe for greenwash and spin. For me, it also begs a question that goes beyond the most obvious ‘controversial’ sectors - where is the line between ‘good and bad’ businesses, positive and negative impact, sustainable and unsustainable, when it comes to deciding who you work with? And the same can be said for agencies - which after all, are part of the supply chain that firms should be monitoring and reviewing as part of their own commitments - and ultimately performance and risk management - regarding social value and environmental sustainability. You could go a step further - should companies be willing to use suppliers/agencies that they know have adopted unethical tactics of practices, or are promoting/taking money from other businesses that are ultimately doing harm when it comes to social and environmental issues? In an era where every business out there - and pretty much every PR agency and advisory firm too - has adopted the ‘purpose-driven’ label, we all need to be accountable - and there’s a little more work to be done to ascertain who’s it in for the purpose, and who’s really all about the profit. (NOTE: @Social | A Certified B Corporation does not work in the fossil fuels industry!!) #esg #bcorp #bcorporation #comms #pr #businessforgood #betterbusiness #netzero #fossilfuels https://lnkd.in/d2cTSP2K https://lnkd.in/dNYswVK9 https://lnkd.in/dc8tt2DX

Clean Creatives, agencies urge B Lab to rethink B Corp certifications for agencies with fossil fuel clients | Analysis | Campaign Asia

Clean Creatives, agencies urge B Lab to rethink B Corp certifications for agencies with fossil fuel clients | Analysis | Campaign Asia

campaignasia.com

Stuart Woollard

Helping organisations to realise human potential and Total Stakeholder Value

10mo

“there’s a little more work to be done to ascertain who’s it in for the purpose, and who’s really all about the profit.” Very thoughtful post Luke. Organisational Maturity measures the extent to which any corporation is authentically purpose driven and has embedded the necessary management systems and culture with which to create Total Stakeholder Value. The 32-question diagnostic is now widely used and helps to unpack your question. The Maturity Institute data has also been research tested so is not just another ESG measure. Www.maturityinstitute.com

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