Environmental, social, and governance considerations are becoming increasingly important for law firms.
More law firms than ever are considering their environmental and social responsibility, but few take the next step into B Corp certification. Currently, only 36 law firms, including SA Law, are certified out of 3,467 companies in the UK.
Certified B Corps meet high standards of social and environmental performance, transparency, and accountability. They are legally required to consider the impact of their decisions on workers, clients, suppliers, community, and the environment, rather than focusing solely on profit.
The reason why so few law firms are certified remains unclear.
Certified B Corps are companies that meet high standards of social and environmental performance, transparency and accountability.
Author's summary: Law firms should consider B Corp certification for social and environmental responsibility.