British lifestyle clothing brand FatFace announced that it has achieved B Corp™ certification, joining a group of just over 1,000 businesses in the UK. The certification was granted by B Lab, the not-for-profit behind the B Corp™ movement, which puts companies through a rigorous process to ensure they meet the highest standards of accountability, transparency, and social and environmental performance.

FatFace is now the largest fashion retailer in the UK to have achieved B Corp™ certification, and joins a growing list of companies that have committed to using their business as a force for good. The certification process requires companies to meet rigorous standards in areas such as environmental sustainability, social responsibility, and corporate governance.

In a statement, FatFace CEO Anthony Thompson said: “We are delighted to have achieved B Corp™ certification. We have always been committed to doing business responsibly and this certification is a testament to our commitment to making a positive impact on the world. We are proud to join the growing list of companies that are using their business as a force for good.”

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The B Corp™ certification process requires companies to meet rigorous standards in areas such as environmental sustainability, social responsibility, and corporate governance. Companies must also demonstrate that they are taking steps to reduce their environmental impact, such as reducing their carbon footprint, using renewable energy sources, and investing in sustainable practices.

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In addition, companies must demonstrate that they are taking steps to improve their social impact, such as providing fair wages and benefits to their employees, investing in their local communities, and promoting diversity and inclusion.

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The certification process also requires companies to demonstrate that they are taking steps to improve their corporate governance, such as having a board of directors that is diverse and independent, and having a transparent and accountable management structure.

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FatFace is the latest in a growing list of companies that have achieved B Corp™ certification, including Ben & Jerry’s, Patagonia, and The Body Shop. The certification is becoming increasingly popular among companies looking to demonstrate their commitment to sustainability and social responsibility.

Sources: https://retailtimes.co.uk/fatface-becomes-largest-uk-fashion-retailer-to-achieve-b-corp-status/