ECI announces B Corp Certification

20/11/2023
Read Time: 1 Min

We’re delighted to announce that ECI has been B Corp Certified, joining a community of businesses leading a global movement for an inclusive economy that considers people, planet, and profit.

Established in 1976, with c.50 employees across its offices in London, Manchester, and New York, ECI joins a small number of UK private equity firms to become certified by B Lab™, the non-profit network, for meeting high standards of social and environmental performance, accountability, and transparency.

For ECI, its B Corp certification represents the next stage of its ESG journey. Having started assessing portfolio companies against an ESG framework over a decade ago, it has since then made ESG a core component of its investment process and invested in its own ESG capability. This has included launching an ESG Toolkit which supports management teams with initiatives from setting a social value strategy to decarbonisation, and ensuring they have robust cyber security in place. ECI has also supported management teams through the process of achieving B Corp Certification themselves, with previous portfolio company, the high-quality natural pet food producer, MPM, now certified.

Our mission has always been to build successful businesses built for the long-term, and for us that means companies that are sustainable, which is about more than just today’s profits. B Corp is a natural fit with this and we wholeheartedly support the B Corp ethos of business being a force for good. We are continuing to evolve the way we do business to commit to benefiting people and the planet. It is why we not only have sought to invest in our own ESG performance and capability but have looked to support the management teams we back with initiatives to improve their own impact.”

Tom Wrenn

Managing Partner, ECI

Becoming B Corp Certified is a very important step in ECI’s evolution. For us this was about assessing how we were doing from an ESG perspective, providing us with a clear roadmap for the future and making a clear commitment to progress. We have had an ongoing focus on improving our business, from setting up ESG scoring for our portfolio a decade ago, to launching our D&I strategy in 2019, to putting sustainability at the heart of our office move this year. These have all contributed to a successful score, but we know there is lots more work still to be done. The B Lab framework provides us with a great direction of travel, and we look forward to working with the ECI team, our management teams, and the wider B Corp community on collectively making progress for the future.”

Fiona Moore

Head of ESG, ECI

Why did ECI look to become B Corp Certified?

ECI wins two awards at the 2024 Real Deals Private Equity Awards

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