JBA Risk Management Becomes B Corp

The word from JBA Risk Management, who are heading down the B Corp route;

Flood risk science specialist JBA Risk Management has received B Corporation™ certification following a detailed assessment process that measures a company’s entire social and environmental impact. They join an exciting global movement of over 9000 like-minded organisations reinventing business by pursuing purpose as well as profit to create an inclusive, equitable, and regenerative economy.

B Corp certification addresses the entirety of a business’s operations across five key impact areas: governance, workers, community, environment and customers.

The assessment process scrutinises a company’s mission, ethics, accountability, and transparency, how it treats its employees, the impact on the communities it interacts with, its environmental impact and the company’s relationship with its customers.

JBA Risk Management met high standards in the following areas:

•              Diversity, equity and inclusion

•              Fair pay, bonuses, retirement programmes

•              Health, wellness and safety benefits and initiatives

•              Career development

•              Net zero commitment

•              Product accreditations and certifications

•              Data security

Ashleigh Massam, JBA’s Sustainability Champion, and B Corp application co-ordinator, said:

“The process of achieving B Corp certification has been a rigorous and rewarding journey and seeing JBA officially recognised is incredibly fulfilling. This certification reflects not only our commitment to enhancing our social and environmental impact but also the hard work of everyone involved.”

Simon Waller, JBA Risk Management’s Executive Chair, added:

“Being a B Corp means we’re more than just a business; we are a force for change. I believe that B Corp values are in JBA’s DNA. We’ve always endeavoured to make a positive impact on our workers, the community, the environment and our customers. We’re absolutely delighted to have joined the growing global movement.  Our certification officially recognises our ongoing journey towards continuous improvement and collective action.”

Certified B Corps also sign a Declaration of Interdependence. It says:

“We envision a global economy that uses business as a force for good. This economy is comprised of a new type of corporation – the B Corporation – which is  purpose-driven and creates benefit for all stakeholders, not just shareholders. As B Corporations and leaders of this emerging economy, we believe that we must be the change we seek in the world. That all business ought to be conducted as if people and place matter. That, through their products, practices, and profits, businesses should aspire to do no harm and benefit all. To do so requires that we act with the understanding that we are each dependent upon another and thus responsible for each other and future generations.”