Accountant to Tech Businesses | B Corp | ACCA Global Council | Million Tree Pledge 🌳
Last week I announced I was on the way to a sustainability-focussed Partner Success day at Xero HQ - so what was the key insight from the Q&A? 👇 💡People often think of B Corp as a mark of being environmentally friendly, but that’s a surprisingly small aspect💡 Other areas assessed include the impact of the business and its approach to; • workers • customers • community • governance • supply chain Given the core values, attitudes towards team members and client focus, Xero partner firms are likely closer to the B Corp standard than they imagine. The key differences tend to come from 1) Mission Lock - changing the company’s Articles of Association to include explicit consideration of people and planet, not just profit in its decision making. 2) Impact Business Model - a systemically embedded impact/charity contribution (in our case 20% of profits). But It’s not about meeting the standard. It’s about the attitude, the values, the commitment to business as a force for good. It’s about the continuous drive to improve. Not an alien concept really. It’s a common trait for many businesses, particularly Xero partners. Why not have a run through the free B Impact Assessment tool. #bcorp #xeropartners #sustainability
📌 That's an awesome approach. 🙌🏻 It's always what you put, you get. If you put in the effort you'll surely get rewarded. The more honest you'll be to your work, the more it will flourish. ✨ Keep adding value James Lizars FCCA .
We try to be the best version we can be and that's always through improvement. Enjoy Accountex - might cross paths!
What shocked me is that there are only 14 accounting B-corps in the UK - even setting aside the very valuable impact of doing the right thing, what an awesome differentiator, and so undersaturated!
Accountant to Tech Businesses | B Corp | ACCA Global Council | Million Tree Pledge 🌳
7moCheck it out here https://www.bcorporation.net/en-us/programs-and-tools/b-impact-assessment/