Regent's University London Achieves B Corp Status

In a significant stride towards demonstrating its commitment to social and environmental responsibility, Regent's University London is proud to announce its achievement of B Corp certification. This prestigious accreditation signifies that the university meets rigorous standards of social and environmental performance, accountability, and transparency. It's a testament to Regent's dedication to using business as a force for good, aligning its operations and ethos with a global movement of businesses committed to sustainability and ethical conduct.

Understanding B Corp Certification

B Corp certification is not just a label; it's a comprehensive assessment of a company's entire social and environmental impact. Certified B Corporations are businesses that balance purpose and profit. They are legally required to consider the impact of their decisions on their workers, customers, community, and environment. This means that Regent's University London has undergone a thorough review of its practices, from its governance and employee relations to its environmental footprint and community engagement. The certification process is managed by B Lab, a non-profit organisation that serves the global B Corp community.

Regent's Commitment to a Better Future

The journey to B Corp certification involved a deep dive into Regent's operations, policies, and overall impact. This included evaluating areas such as:

• Environmental Impact: Assessing energy usage, waste management, and carbon footprint.
• Social Impact: Examining employee benefits, diversity and inclusion initiatives, and community outreach programs.
• Governance: Reviewing ethical policies, transparency, and stakeholder engagement.
• Customer Welfare: Ensuring fair treatment and value for students and staff.

Achieving this certification highlights Regent's proactive approach to embedding sustainability and ethical considerations into its core mission. It signals to students, staff, and the wider community that Regent's is an institution that prioritises long-term value creation for all stakeholders, not just shareholders.

The Significance of B Corp for Higher Education

The higher education sector, like many others, is increasingly being called upon to address critical global challenges such as climate change and social inequality. B Corp certification provides a credible framework for universities to measure and improve their impact. For Regent's, this means:

• Enhanced Reputation: Differentiating itself as a responsible and forward-thinking institution.
• Attracting Talent: Appealing to students and staff who are passionate about sustainability and ethical business.
• Driving Innovation: Encouraging new approaches to teaching, research, and operations that align with B Corp principles.
• Stakeholder Trust: Building stronger relationships with students, alumni, faculty, and the local community through demonstrated commitment.

This accreditation places Regent's University London among a growing global community of businesses and organisations that are redefining success by integrating social and environmental performance into their fundamental business models.

Professor Sethna's Parliamentary Involvement

Adding to the university's commendable achievements, Professor Dr Zubin Sethna, a respected academic at Regent's, has been invited to join the Advisory Board of the All-Party Parliamentary Group (APPG) on Entrepreneurship. Professor Sethna's expertise in Entrepreneurial Marketing & Consumer Behaviour, coupled with his role as Director of Business, Finance & Entrepreneurship, makes him an invaluable asset to this important parliamentary body. The APPG on Entrepreneurship works to foster a thriving entrepreneurial ecosystem in the UK, and Professor Sethna's involvement will undoubtedly contribute to shaping policies that support innovation and business growth.

This dual announcement underscores Regent's University London's commitment to both academic excellence and responsible global citizenship. The university is not only shaping future leaders through its educational programs but also actively contributing to a more sustainable and equitable world through its operational practices and the impactful work of its academic staff.

Frequently Asked Questions

Q1: What does it mean for Regent's University London to be B Corp certified?
It means the university has met high standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.

Q2: How does B Corp certification benefit students?
Students at a B Corp certified university can expect an institution that is committed to ethical practices, sustainability, and making a positive impact on society, which often translates into a more values-driven learning environment and career preparation.

Q3: What kind of companies are typically B Corp certified?
B Corp certified companies span various industries and include well-known brands that are committed to social and environmental responsibility. Examples include Patagonia, Ben & Jerry's, and The Guardian.

Q4: Is B Corp certification a one-time achievement?
No, B Corp certification is a rigorous process that requires companies to recertify every three years, ensuring they maintain their commitment to high standards.

Q5: What is the role of the APPG on Entrepreneurship?
The APPG on Entrepreneurship is a cross-party group of Members of Parliament and Lords that works to promote and support entrepreneurship in the UK through policy and advocacy.

Looking Ahead

Regent's University London's B Corp certification is a significant milestone that reflects its deep-seated commitment to creating a positive impact. As the university continues to grow and evolve, it remains dedicated to integrating its academic mission with its ethical responsibilities, fostering a generation of leaders who are not only successful but also conscious of their role in building a better world. The involvement of Professor Sethna with the APPG further amplifies this commitment, connecting academic expertise with policy-making for the betterment of the entrepreneurial landscape.

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