FMG is now a certified B Corp. We’re joining the ranks of global heavy hitters such as Patagonia, Ben and Jerry’s and All Birds, alongside Kiwi based business, Synlait, Co-operative Bank and Kathmandu – all working towards the shared goal of delivering benefits for people and the planet while remaining profitable.
FMG becomes the first B Corp certified General Insurer in Aotearoa/ New Zealand
FMG is now a certified B Corp. We’re joining the ranks of global heavy hitters such as Patagonia, Ben and Jerry’s and All Birds, alongside Kiwi based businesses, Synlait, Co-operative Bank and Kathmandu – all working towards the shared goal of delivering benefits for people and the planet while remaining profitable.
So, what is B Corp?
The ‘B’ stands for ‘Benefit’ and is built on the premise of using business as a force for good. As certifications go, B Corp is considered the global gold standard for measuring sustainability. This is due to how difficult it is to achieve, and because it uses a holistic approach that seeks balance across governance, employees, community, environment, and client impact.
As a mutual, FMG is already a sustainable and values-driven business, why do you need to certify?
Many businesses consider themselves values-driven and sustainable, but sustainability is a hard thing to measure. Most agree on doing what’s right but can’t agree on ‘what right is’. For us, B Corp provides a measurable framework and benchmark so we can get to work. BCorp further cements FMG’s accountability, transparency, and commitment to returning benefits to Members and supporting strong and prosperous rural communities.
How will B Corp strengthen FMG and ensure you’re here for another 118 years?
The B Corp framework measures sustainability as an ongoing journey rather than an end goal. It’s about continuously identifying areas for improvement, recognising both our strengths and the opportunities for growth. FMG recognises our duty of championing rural sustainability as a trusted member of the community. Our Members and clients want us to lead from the front and so that’s what we’re doing. Being part of the B Corp community also offers opportunities to connect with global leaders and experts in sustainable business practice. This network allows us to share insights and strategies while encouraging collaboration and knowledge sharing to strengthen our efforts.
Becoming a B Corp ensures we’re adhering to the highest standards while delivering the insurance and advice you expect and being there when the unexpected happens. It locks in our commitment to our values and our rural communities and a more sustainable future.
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