Get notifications in real-time for staying up to date with content that matters to you.
Non-bank lender Liberty has been awarded a B Corporation Certification (B Corp), and is officially recognised as a business that values both profit and purpose equally.
The B Corp certification is awarded to companies that meet specific standards of verified social and environmental performance, public transparency, and legal accountability, to balance profit and purpose.
According to Liberty, the B Corp vision is to create a community of for-profit companies committed to redefining success in business.
There are currently more than 3,000 B Corps across the globe, all of which have pledged to uphold the values of the certification.
Additionally, B Corps agree to have their performance measured across business areas of governance, workers, community, environment and customers.
Liberty CEO James Boyle said that working towards the goal of helping customers and being a profitable company didn’t need to be at the expense of ethics or sustainability.
“Committing to B Corp status felt like a natural next step to really live our company’s values which resonate with the Liberty community,” he said.
“We have always supported the important goal of improving financial inclusion among Australians and tried to be mindful of the way our business actions have broader impact.
PROMOTED FEATURES
“We are dedicated to being a force for good outcomes within the Australian finance industry.”
[Related: Liberty contributes to bushfire relief]
Hannah Dowling is a journalist for The Adviser and Mortgage Business.
Prior to joining Momentum Media, Hannah worked as a content producer for a podcast catering to property investors. She also spent six years working in the real estate sector at a local agency.
Email Hannah at: This email address is being protected from spambots. You need JavaScript enabled to view it.
The federal government has released final regulations that define...
Nearly a quarter of those Australians who have dipped into their ...
The association for customer-owned banks has said that the MOU be...
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Will you be hiring new staff in 2020?
Receive breaking news direct to your inbox each day
Copyright © 2020 The Adviser
