Mishcon de Reya has announced today that it has achieved B Corporation certification as certified by B Lab, the non-profit organisation behind the B Corps movement.
B Corps are defined as "businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corps are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy."
Mishcon de Reya has a longstanding relationship with B Lab and has supported more than 80 companies to meet the legal requirement for their B Corp Certification. The Firm joins more than 500 companies in the UK to achieve B Corp certification and is only the second large law firm to do so – the first is Bates Wells LLP.
Managing Partner James Libson commented:
"Achieving B Corp certification is an important pillar in our Impact Strategy and has obvious synergy with our commitment to social and environmental responsibility (as written into our constitution in April 2020) and our impact aims: to improve access to justice; encourage and create opportunity; make sustainability a reality; and ensure diversity in the legal profession.
It is also a tangible manifestation of our status as a values based business, with clear links to our Core Values and to our stated purpose to enable our clients and our own people to shape the world’s possibilities. We are excited to join the B Corp community and I extend my thanks to all our people, to whose hard work and commitment this achievement is testament."
B Lab UK Executive Director Chris Turner commented:
“Mishcon de Reya is a longstanding partner of B Lab UK, advising over 80 businesses on the legal aspects of becoming a B Corp. I'm thrilled to welcome them to the community. Mishcon de Reya’s environmental and social values demonstrate a clear and transparent commitment to re-imagining how the business operates – by adopting an approach that positively impacts the wider community and environment.”