Business

Resource Futures celebrates 10 years with B Corp certification

Independent sustainability consultancy Resource Futures has announced that it has been certified as a B Corp, part of a global movement to put more emphasis on social and environmental responsibility in business.

The consultancy’s status was announced at an event held at the headquarters of fellow B Corp company Triodos Bank to celebrate the former’s 10-year anniversary, where CEO Sam Reeve outlined what the future holds for the company and resource management industry.

Resource Futures celebrates 10 years with B Corp certification
Resource Futures CEO Same Reeve (left) is presented with the company's B Corp award by Neighbourly's Nick Davies
B Corp is an international certification for companies that meet ‘rigorous standards of social and environmental performance, accountability and transparency’. The scheme says it ‘is to business what Fair Trade certification is to coffee or USDA Organic certification is to milk’. Almost 2,000 companies from more than 130 industries and 50 countries are part of the B Corp network.

Over its 10 years, Resource Futures has worked with organisations across the public, private and third sector to manage and communicate more sustainable and profitable resource management practices.

Among the projects that the company has led is the Community RePaint network, which, alongside the global paint manufacturer AkzoNobel, collects reusable, leftover paint and re-distributes it to individuals, families, communities and charities in need.

Joining dots to transform resource use in business

Announcing Resource Futures’s new certification, CEO Sam Reeve, said: “We’re delighted to join other purpose-driven businesses and are proud to have created a company where we focus on the positive impact of our work on people and the planet as well as on profit. We truly believe that working to higher standards of transparency, accountability, and performance is a better way to do business.”

Looking ahead, Reeve said that joining the dots between data, insights and engagement is key to developing the resource management industry, calling the pace of innovation and change in the sector “inspiring”. He told those in attendance that by working collaboratively and sharing data, companies will be able to create disruptive business models that enable better services to be given to customers and the public, while enabling more resource-efficient operations.

He said: “We have a huge opportunity in the resource management industry to work together to bring about lasting positive and impactful change. Combining all of our expertise across the industry – from data, insight and engagement – could transform the way that people and businesses manage their resources in the years ahead.”

Resource Futures is the fourth company based in Bristol to receive B Corp certification, following ethical banking company Triodos, organic tea producer Pukka Herbs and the community project social network Neighbourly, whose founder Nick Davies was on hand to present Reeve a plaque commemorating the certification.

In a panel following the presentation, Davies, who has seen his Neighbourly platform help supermarket M&S reduce its food waste by facilitating redistribution, said that more and more companies are incorporating social values into their work in response to the increasingly youthful workforce, which he says regards social responsibility as a key tenet of business.

More information about Resource Futures can be found on the company’s website.

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