B Lab UK has launched a new strategy with a bold ambition. Chief Executive Chris Turner shares more about its inception

By B Lab UK

This article by B Lab UK, unveils an ambitious 10-year strategy aiming to transform all UK businesses into forces for good. Recognising the momentum generated by the B Corp movement, which has seen over 2,000 UK businesses commit to higher standards of social and environmental performance, B Lab UK emphasises the need for collective action to redefine business norms. The article highlights the organisation’s commitment to collaborating with a diverse range of stakeholders to co-create a future where ethical practices are standard across all industries.

Central to this vision is the belief that businesses should operate for the benefit of all stakeholders, not just shareholders. B Lab UK’s strategy outlines a threefold approach over the next five years: creating models to ensure impactful business practices, building assets to advocate for systemic change, and leveraging these to influence broader economic reforms.

This article serves as both a call to action and a roadmap for organisations eager to contribute to a more inclusive and regenerative economy. For those interested in the evolving role of business in society, this piece offers valuable insights into the potential for widespread positive change within the next decade.