TIDMKCT
RNS Number : 6492N
Kin and Carta PLC
01 October 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
For immediate release
1 October 2021
Kin and Carta plc
Kin + Carta Earns B Corp Certification in Europe
Kin and Carta plc (the "Company" or "Kin + Carta"), the global
digital transformation ('DX') consultancy, announces today that its
European division has officially become a Certified B Corporation,
joining a global group of companies using business as a force for
good.
Certified B Corporations work toward reduced inequality, lower
levels of poverty, a healthier environment, stronger communities,
and the creation of high-quality jobs with dignity and purpose. As
businesses, B Corps consider not just shareholder value, but the
impact on all stakeholders - employees, customers, society, and the
environment. B Corp aligns with the values that Kin and Carta
itself holds and this certification provides an excellent framework
to aid in accomplishing and prioritising the company's social
responsibility goals.
This is the latest step in Kin + Carta's responsible business
journey. On 25 January 2021 Kin + Carta earned B Corp certification
for its Americas division and on 21 September 2021, Kin + Carta's
shareholders voted to pass a special resolution to amend its
articles of association, which now commit the Board to a "triple
bottom line" approach to decision making, seeking to balance
considerations around people, profit and planet. This was a major
step forward in its commitment to achieving B Corp certification,
not only for its operating subsidiaries but also for Kin and Carta
plc. This move establishes Kin + Carta as a leader in ESG and
responsible business practices and takes it one step closer to
being the first company listed on the London Stock Exchange to gain
B Corp status.
J Schwan, CEO said:
"The Certification of our European Division is an important
milestone in our B Corp journey and a tremendous achievement. I'm
extremely pleased to say we're now one step away from our ambition
to achieve B Corp certification for the whole business by the end
of the calendar year. These moments are of huge importance for our
business because they show external verification of our
organisational ethos and the values that we proudly stand for that
have been part of our stated strategy and core operating principles
for several years."
Enquiries:
Kin + Carta
J Schwan CEO
Chris Kutsor CFO +44 (0) 207 928 8844
Powerscourt
Elly Williamson / Jane Glover +44 (0)7970 246 725
Numis Securities Limited
Nick Westlake / Matt Lewis
+44 (0)207 260 1345
Peel Hunt LLP
Edward Knight/John Welch +44 (0) 20 7418 8900
About Kin + Carta
Kin + Carta is a London Stock Exchange-listed global digital
transformation consultancy committed to working alongside clients
to build a world that works better for everyone.
Kin + Carta's 1,700 strategists, engineers, and creatives around
the world bring the connective power of technology, data, and
experience to the world's most influential companies - helping them
to accelerate their digital roadmap, rapidly innovate, modernise
their systems, enable their teams, and optimise for continued
growth. Headquartered in London and Chicago with offices across
three continents, the border-less model of service allows for the
best minds to be connected to collaborate on client challenges
across three platforms:
-- Digitally native management consultancy - Sector-focused
consultants help the C-Suite better understand the shifts in their
markets and how their data products, technology, and experiences
need to evolve.
-- Modern cloud, data, and software engineering studio - 800+
data scientists, software engineers, and designers utilise emerging
technologies to create new products and platforms for CIO
clients.
-- Data-driven marketing technology agency - MarTech, content,
and brand experts help our CMO clients amplify their digital
investments and experiences by implementing and optimising modern
marketing technology and data platforms.
With purpose at its core, Kin + Carta is a Certified B
Corporation in the United States and Europe, meeting the highest
standards of verified social and environmental performance, public
transparency, and accountability to balance the triple bottom line
of people, planet, and profit.
For more information, please visit https://www.kinandcarta.com
.
Important notices
This announcement contains inside information and is issued on
behalf of the Company by Daniel Fattal, Company Secretary.
Cautionary statement regarding forward-looking statements
This Announcement may contain "forward-looking statements" with
respect to certain of the Company's plans and its current goals and
expectations relating to its future financial condition,
performance, strategic initiatives, objectives and results.
Forward-looking statements sometimes use words such as "aim",
"anticipate", "target", "expect", "estimate", "intend", "plan",
"goal", "believe", "seek", "may", "could", "outlook" or other words
of similar meaning. By their nature, all forward-looking statements
involve risk and uncertainty because they are based on numerous
assumptions regarding the Company's present and future business
strategies, relate to future events and depend on circumstances
which are or may be beyond the control of the Company which could
cause actual results or trends to differ materially from those made
in or suggested by the forward-looking statements in this
Announcement, including, but not limited to, domestic and global
economic business conditions; market-related risks such as
fluctuations in interest rates; the policies and actions of
governmental and regulatory authorities; the effect of competition,
inflation and deflation; the effect of legislative, fiscal, tax and
regulatory developments in the jurisdictions in which the Company
and its respective affiliates operate; the effect of volatility in
the equity, capital and credit markets on profitability and ability
to access capital and credit; a decline in credit ratings of the
Company; the effect of operational and integration risks; an
unexpected decline in sales for the Company; inability to realise
anticipated synergies; any limitations of internal financial
reporting controls; and the loss of key personnel. Any
forward-looking statements made in this Announcement by or on
behalf of the Company speak only as of the date they are made. Save
as required by the Market Abuse Regulation, the Disclosure Guidance
and Transparency Rules, the Listing Rules or by law, the Company
undertakes no obligation to update these forward-looking statements
and will not publicly release any revisions it may make to these
forward-looking statements that may occur due to any change in its
expectations or to reflect events or circumstances after the date
of this Announcement.
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