Impact Report 2019

Our Structure and Governance
Society is a private limited company, registered in England and Wales. We
have one wholly-owned subsidiary, ‘Society US Inc’, which is head quartered
in New York and registered in Delaware. Both companies are ultimately
overseen by a Board consisting of our Managing Director and two
Non-Executives.
The current shareholdings within Society are:
Simon
Lucas
(35%)
Daniel
Perrett
(30%)
Simon
Laver
(30%)
Emma
Hart
(5%)
As a B Corporation, our Articles of Association contains a pre-amble on ‘Responsibility’ that states:
“The purposes of the Company are to promote the success of the Company for the benefit of its
members as a whole and, through its business and operations, to have a material positive impact
on society and the environment, taken as a whole.”
The new text goes on to define a series of ‘Stakeholder Interests’, that the Board must seek to balance
as effectively as it can, without assuming any one area should take precedence over
the others. These include:
• the likely long-term consequences of any decision;
• the interests of our employees;
• our need to foster relationships with suppliers, customers and others;
• the impact of our operations on the community and the environment;
• our desire to maintain a reputation for high standards of business conduct.