Our Road to B Corp

16 October 2023
 
Mike Hudson, CRO
Mike Hudson, Chief Risk Officer

In June, we shared the exciting news that Cambridge & Counties Bank has officially become a Certified B Corporation. This achievement reflects our unwavering commitment to fostering a business that cares deeply about making a positive impact on both society and the environment.

The Road to B Corp Certification

Becoming a Certified B Corp was not a simple endeavour, but it was undoubtedly a rewarding one. It required a thorough evaluation of our company's practices, policies, and impacts, assessed against the rigorous standards set by B Lab, the nonprofit organisation behind the B Corp movement. This assessment examined every facet of our business, from our environmental footprint to our treatment of employees, and our engagement with the community.

Our team worked tirelessly to show we meet these standards, and I am proud to say that we surpassed them in many areas. This certification process encouraged us to evaluate our values put a further spotlight on our social and environmental responsibility.

Why B Corp Matters

Becoming a B Corp is a significant milestone for us because it reflects our fundamental belief that businesses should be a force for good in the world. It is an affirmation of our commitment to go beyond the bottom line and to create a positive impact on the world around us. Here's why B Corp matters to us:

Accountability: B Corp certification holds us accountable for our actions. It requires transparency and accountability in all aspects of our business, from our supply chain to our corporate governance.

Positive Impact: As a B Corp, we join a global community of businesses that are actively working towards a better future. It's about more than just profits; it's about making a positive difference in people's lives and protecting our planet.

Sharing values:  Many of today's employees and consumers are increasingly drawn to companies that are socially and environmentally responsible. Being a B Corp helps us attract talent that align with our values and reassure customers that we share theirs.

Long-term sustainability: B Corp certification encourages businesses to think about their long-term impact. By integrating sustainability into our core operations, we are better positioned to thrive in a changing world.

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Our Ongoing Commitment

Our journey towards B Corp certification is just the beginning. We are fully committed to continuously improving our social and environmental performance. This commitment extends to every department, from our procurement practices to our community engagement efforts. We will regularly assess our performance, set new goals, and strive to be a better B Corp year after year.

 

We are excited about the future and the opportunities that lie ahead as a B Corp. Together, with your support and our shared values, we can continue to make a meaningful difference in the world while running a successful and responsible business. Thank you for being a part of this journey with us.