B Corp Finance Coalition calls for higher stakeholder accountability

Founding members willing to share advice

The B Corp Finance Coalition UK has asked finance firms to commit themselves to “higher stakeholder accountability”.

In particular it is asking finance firms to amend their constitutional documents to "align with broader stakeholder needs". The B Corp Finance Coalition UK comprises of 11 certified B Corporations from across the UK's finance industry including banks, wealth managers and asset managers. The group said the founding members of coalition, which includes EQ Investors, Montanaro Asset Management, Tribe Impact Capital and Coutts, have amended their articles of association to make stakeholder alignment part of directors' duties. "Through this, they hold their directors responsible for the...