Why Law Firms Should Apply to be B Corps
Environmental, social, and governance (ESG) considerations are increasingly important to law firms, yet few have taken the step to become B Corp certified.
Only 36 law firms in the UK, out of 3,467 certified companies, have achieved B Corp status, including SA Law.
What is B Corp Certification?
Certified B Corps are companies that meet high standards of social and environmental performance, transparency, and accountability, considering the impact of their decisions on workers, clients, suppliers, community, and the environment, rather than focusing solely on profit.
Certified B Corps are legally required to consider the impact of their decisions on workers, clients, suppliers, community, and the environment.
Why So Few Law Firms are Certified
It is unclear why law firms are not applying to become B Corps, despite the growing importance of ESG considerations.
Author's summary: Law firms should consider B Corp certification for social and environmental responsibility.
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