Shoremount

Awakening human organisations. Restoring #joy, #meaning and #freedom to every workplace. Founding UK #BCorp #futureofwork

[Shoremount @shoremount]

#FollowourFounder @johnfeatherby and his new projects beyond the company culture and #BCorp work with Shoremount. e.g. pursuing a deeper, stronger character; rites of passage for young adults; stories of redemption and the power of #smallgroups.

[Shoremount @shoremount]

To rehash the quote from #JFK. Ask not what your country can do for your company, ask what your company can do for your country... :-) @johnfeatherby

[Shoremount @shoremount]

We're often asked why did you become a #BCorp. Shoremount was one of the Founding UK #BCorps. We were attracted to it to promote a better way of doing business. The brand itself meant very little back then so it was less about us, more about the idea. @johnfeatherby

[Shoremount @shoremount]

If you are a #startup or company looking to raise capital and you are considering #BCorp and wondering whether that will work against you, you can safely put those worries to one side. It is widely disregarded as a non issue at worst. At best it is seen as a bonus. @johnfeatherby

[Shoremount @shoremount]

If, for whatever reason, a company was to want to reverse the #BCorp legal requirement, that is always possible. It would require a shareholder resolution. But it is not irreversible. @johnfeatherby

[Shoremount @shoremount]

If you have $100 million+ of revenue, you are likely to fall under the large enterprise approach for #BCorp certification. How that manifests itself does depend upon various factors but here is a guide...

Large Enterprise Guide to B Corp https://t.co/uYPZ99tNWz

[Shoremount @shoremount]

Interested in the story of B Corp UK? Here's a little microsite telling you about it... :-) @BCorpUK @johnfeatherby

The story of B Corp UK https://t.co/bZW3yC4W3c

[Shoremount @shoremount]

Useful article but don't wait until you're #BCorp certified before everyone knows what it means. If you leave it that long you will be creating problems for yourself downstream...

"So, You’re Certified. Does Everyone in the Company Know What It Means?" https://t.co/qVTeSiZYoy

[Shoremount @shoremount]

Are you looking for some introductory information, resources and support on climate issues and net zero? Do you know of the #BCorp Climate Collective?Well, here it is... https://t.co/Rk3jn6kgen

[Shoremount @shoremount]

If you ever wondered about the history of the #BCorp movement, this is a good overview. @johnfeatherby @HoneymanConsult "A Look at the History of the B Corp Movement" https://t.co/F97vD3nmOs

[Shoremount @shoremount]

Oldie but a goodie..."How Investors Really Feel About B Corps" @johnfeatherby @universal_owner @Rick__Alexander @rick https://t.co/0K3KYv8Grp

[Shoremount @shoremount]

Every CFO Should Know This: 'The Future Of Banking' Ties Verified ESG Performance To Cheaper Capital https://t.co/KanHBTTYq8

[Shoremount @shoremount]

For more detail on public benefit corporations, here is a guidebook... https://t.co/TMLbUiq0n3

[Shoremount @shoremount]

Did you know there was a knowledgebase provided by #BLab to help you with various questions and issues relating to the process of becoming and maintaining #BCorp certification? https://t.co/USF1GqbFsv @BCorporation

[Shoremount @shoremount]

Whilst #BCorp started in the US, it has become an increasingly global phenomenon. Our perspective is that it feels like the centre of gravity for B Corp is moving away from the US to other parts of the world. Led by the UK, which is the fastest growing by some way. @johnfeatherby

[Shoremount @shoremount]

As an example of #BCorp acquisitions by multinationals, @unilever has acquired a number of them, including: @SundialBrands , @SeventhGen, @Pukkaherbs, Mãe Terra and @benandjerrys. #unilever @johnfeatherby

[Shoremount @shoremount]

Every #BCorp must re-certify every three years to maintain their certification and the right to use the B Corp branding and retain access to the various community aspects. @johnfeatherby

[Shoremount @shoremount]

Not for profits are generally not eligible to become a #BCorp. The purpose of B Corp is to create a movement of companies. There are certain exceptions if they operate within a sufficiently competitive marketplace and, for all intents and purposes, behave like a company.

[Shoremount @shoremount]

Once you become a #BCorp your score is transparently placed on the website with a headline breakdown. Only particularly large companies have to disclose their entire #BImpactAssessment, with some content exceptions. @johnfeatherby

[Shoremount @shoremount]

The legal accountability requirement for #BCorp involves putting in place something that places the need to consider all stakeholders in decision making. Its intent is to be an improvement on shareholder primacy. How this happens depends on the geography.

[Shoremount @shoremount]

Research shows UK #BCorps outperform across several metrics, including:
- Faster turnover and employee growth
- Greater employee retention, engagement and diversity
- More robust governance
- Greater civic and community engagement
- Higher levels of innovation