Thursday 29 July 2021

Coutts becomes ‘UK’s largest’ B Corp private bank

Coutts claims it has become the ‘UK’s largest' private bank and wealth manager to achieve B Corp status.

B Corp status is given to businesses that meet the highest standards of social and environmental performance. These companies are legally required to consider how best to benefit customers, workers and the planet.

Coutts will work with NatWest to support other businesses to become a B Corp business.

Peter Flavel, Coutts CEO, said: “Whilst a certification is absolutely important, it’s what we do from here to improve ourselves, support others and ensure more businesses are thinking sustainably and responsibly that will make the difference.

“That’s why we’re excited about the work we are doing with [NatWest] as well as with our own clients. We want to be an active part of and help build the B Corp community and drive positive change.”