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International Wealth Firm Achieves Prized B Corp Status

Tom Burroughes

12 June 2024

Financial services group – which operates in the UK and Dubai – has achieved Certified B Corporation™, a way for it showcase high social and environmental performance standards that are hot-button issues in wealth management today.

B Corps, or Benefit Corporations, are businesses that are deemed to meet rigorous social and environmental standards. Status is granted by B Lab, a non-profit organisation. 

GSB has been expanding rapidly, and WealthBriefing interviewed co-founder Ross Whatnall (pictured) in late January, here.

There are more than 2,000 such B Corps in the UK (source: B Corporation UK). In the wealth management/private banking space, firms with the accreditation include Coutts, C Hoare & Co, and Crown Agents Bank (this bank facilitates payments and foreign exchange in emerging and frontier markets). In wealth management, others include Progeny, EQ Investors and Triple Point. Outside financial services, B Corps include brands such as Innocent, Patagonia, The Body Shop and organic food pioneers Abel & Cole. In May this year, UK-based . In early January, it secured CISI Chartered Firm status.