Plymouth Factory Becomes World’s First to Achieve BCorp Status

Plymouth Factory Becomes World’s First to Achieve BCorp Status

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(Pictured: Karen James and Zoe Maddison proudly holding their B Corp Award)

Magma Moulding, a leader in the plastic injection moulding industry, is proud to announce that it has become the first plastic injection moulding factory in the world to achieve BCorp certification. This prestigious designation is a testament to the company’s commitment to the highest standards of social and environmental performance, transparency, and accountability and demonstrates that it is possible to achieve high standards of business ethics and sustainability in manufacturing and plastics.


The news comes as the ongoing climate crisis and widening social inequality continue to pose urgent challenges to our economy. B Corp certification assesses the entirety of a business’s operations and currently covers five main impact areas: Governance, Workers, Community, Environment and Customers. The certification process is rigorous, with companies required to reach a score of 80 points in the B Impact Assessment while providing evidence of responsible practices relating to energy supplies, waste and water use, worker compensation, diversity, and corporate transparency. A business must also legally embed its commitment to purpose as well as profit in their company constitution.

Kieran Donovan, Managing Director of Magma Moulding says: “Achieving BCorp certification is a major milestone for us. This recognition underscores the dedication of our team to building a business that not only excels in quality and customer satisfaction but also contributes positively to society and the planet.

Chris Turner, executive director of B Lab UK, says: “We are pleased to have B Corps of all shapes and sizes as part of our community — from startups to multinationals and across many different industries. Business is a powerful force and B Corps demonstrate that positive impact is possible in any sector. Welcoming Magma Moulding is an exciting moment for the UK Plastics industry. B Lab UK and the rest of the B Corp community are really pleased that Magma Moulding is paving the way for a new way of doing things.”

With this certification, Magma Moulding is the first injection moulder to join a global community of over 4,000 firms across 150 industries in 74 countries that are redefining success in business. Magma Moulding encourages other businesses in the manufacturing sector to consider the impact of their operations and strive for greater social and environmental responsibility.

 

 

 

 

Magma Moulding
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