We’re proud to announce that Folk has become one of the founding B Corporations in the UK. We’ve joined a global movement committed to using business as a force for good. B Corporations are for-profit, purpose-driven companies, redefining success in business.
It’s not quite 10 years old yet, but the movement is here for the long-term. So far, it’s making waves in 41 countries, in 121 different industries. As we’re writing this press release, there’s a total of around 1,300 B Corps business worldwide.
Companies are awarded B-Corp certification based on their social and/or environmental visions. These companies focus on creating benefits for everyone - whether they’re clients, staff, or the surrounding community.
To certify as a B-Corp, we’ve completed a rigorous assessment. The performance standards are comprehensive and transparent, and measure a company’s impact on all its stakeholders, e.g. workers, suppliers, community, and the environment. But while we’re over the moon to have made the cut, we’re not resting on our laurels just yet.
“We have always felt passionately about doing good with business” says Jo Cruickshanks, Folk’s founder, “but it’s never been officially baked into our whole organisational structure and at the heart of our decision making process, from the day-today right through to the board level. The B Corp movement allows us to authentically commit to our purpose as a business and a group of people, whilst at the same time putting us in a community with other leaders and game-changers doing the same. This is a very exciting time for us all and we are delighted to be at the forefront of what I am sure will be global change for business"