Only 34 out of 1100 equity fund managers are certified as B Corp

Triple Point latest to enter the fold

Just 34 equity fund managers in the UK are certified as a B Corporation out of 1100, with Triple Point the latest to enter the fold.

A B Corporation certification is a globally recognised mark of meeting high social and environmental performance standards, transparency and accountability. The certification is given by B Lab, a global standards body with rates firms on things like governance, workers, environment and customers. Companies require a minimum of 80 points to get a certification. ESG funds swell in numbers despite disclosure failures Triple Point is the latest fund management firm to achieve the status with a score of 97.6. It began the process in 2020 and they were verified in 2022. The firm falls...