Cotswold Fayre, has announced that it has achieved the ethical B Corporation Certificate making the fine food distributor one of a few UK companies on the B Corporation’s Best for the World List.
The B Corp Certificate is increasingly recognised as a label which highlights companies with exceptional environmental and social standards.
The accreditation has been awarded to the distributor after it has taken a number of steps to prove that its ethical standards voluntarily go above and beyond those by which other companies abide.
Paul Hargreaves, Chief Executive of Cotswold Fayre says: “We are absolutely delighted to be recognised for our endeavours to use our position to help create value for society and solve social and environmental problems.
“We are incredibly pleased with the score that we have been awarded by B Corp and we are also using the results as a means of identifying areas of our ethical practice that we can improve further.”
The fine food distributor was scored highly for its support of local and small suppliers, staff opportunities and for its continued support of the Bala Children’s Centre in Kenya.
James Perry, Co-ordinator for the UK Launch of B Corporation says: “We are delighted to welcome Cotswold Fayre to our founding UK B Corp Community. The B Corp movement is a global community of businesses who are using the power of business to solve social and environmental problems. It includes more than 1,300 businesses in 40 countries and over 120 industries. The UK is well placed to help lead this global movement, and companies such as Cotswold Fayre are a great example of a business taking leadership in their field.
As part of Cotswold Fayre’s commitment to improving the lives of its staff, the company has also applied to be ratified by the Living Wage Foundation for its commitment to paying everyone more than the true Living Wage of £7.85 per hour outside London.
To become a B-corp company you have to reach an impact score between 80 and 200 on the impact assessment upon application.
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