A total of 58 UK investment firms have become a B Corporation, as London becomes the city with the most B Corps in the world.

B Lab UK, part of a global non-profit network, announced today (14 November) that it had reached over 1,000 certified B Corps in the UK, the same amount as all of mainland Europe. This is up from 564 UK companies at the end of last year.

Among the 58 investment firms included in the list are EQ Investors, Beckett Investment Management Group and AKO Capital.

At COP26 last year there were 11 certified B Corporates within the B Corp Finance Coalition, which included banks, wealth managers and asset managers.

To achieve the B Corp certification, a company must: meet a score of at least 80 points on an impact assessment; pass a risk review; evaluate its negative impact; change its corporate governance structure to be accountable to all stakeholders, not just shareholders; and allow the information to be published publicly.

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