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Annual Impact Report 2023

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<strong>Annual</strong> <strong>Impact</strong> <strong>Report</strong> <strong>2023</strong><br />

B Corporation<br />

Society successfully recertified as a B Corporation in October 2022.<br />

Section 1<br />

B Corporations are a global movement of companies reinventing<br />

business as a force for good. They are independently audited every<br />

three years in line with rigorous standards of social and environmental<br />

performance, accountability and transparency through the B <strong>Impact</strong><br />

Assessment.<br />

Society originally achieved certification in 2019 with an overall score of<br />

86.9. We set ourselves a target score of 95+ for recertification and far<br />

surpassed this with a score of 107.5, an uplift of over 23%.<br />

Our New B <strong>Impact</strong> Score<br />

107.5<br />

Threshold for B Corp Certification<br />

80<br />

Median Score for<br />

Ordinary Businesses<br />

50.9<br />

Governance<br />

17.4<br />

Workers<br />

30.9<br />

Community<br />

33.2<br />

Environment<br />

2.4<br />

Customers<br />

23.2<br />

107.5<br />

Of the current 50 B Corp certified Executive Search firms, Society maintains the<br />

7th highest score in the world.<br />

Society’s Chief Operating Officer, Christiane Baehr, commented:<br />

The global addition of 19 Executive Search firms in <strong>2023</strong>, is testament to the<br />

powerful influence the B Corp movement has in companies wanting to be<br />

part of a positive, changemaking culture. At Society we are extremely proud<br />

that our recertification score of 107.5 in 2022 sees us as the 4th highest scoring<br />

executive search firm in the UK. We are, however, cognisant that we cannot be<br />

complacent, and will strive to continue to improve our standing within the B<br />

Corp community. Our B Corp aligned values are integral in our external business<br />

partnerships, our strategic planning and internal relationships within the team.<br />

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