We are so pleased to publish our fifth annual Sustainable Investment Report. This report is our opportunity to share how we, and our partner brands, have continued to improve our impact in 2024. Each year, putting this report together reminds us just how proud we are to support a portfolio of brands that, no matter their size or starting point, are making real, measurable progress in sustainability.
Piper’s B Corp Journey
In 2025, we’ll be recertifying as a B Corp, our last under the current standards. B Lab is moving to a new framework that shifts from point scoring to a focus on actions that all B Corps must take. We fully support the change and value that B Lab (the organisation that runs the B Corp certification) take the same approach to continuous improvement that they ask of certified companies.
This report outlines how we performed in our initial 2022 certification, what drove that score, what has changed over the last three years, and what we’re doing ahead of recertification. While some areas may be easier to improve than others, we continue to challenge ourselves to improve across the whole assessment. We’re looking forward to what the new standards will bring.
Working towards equity in investment
For the last three years, we’ve shared data with the Investing in Women Code on who approaches us for investment and who we consider for investment. While those reporting to the Code consistently outperform the wider market in terms of diversity, the numbers show there is still more to be done. We are committed to making investments more equitable and supporting founders from underrepresented genders, backgrounds and communities.
Our commitment to decarbonisation
This year, we are finally able to share our commitment to decarbonisation, alongside our annual emissions report. We need to thank our partners, Carbon Responsible, for their work and support on this project.
As shown on page 20, we’re currently on track to halve our emissions by 2030. But a projection is only a starting point. This pathway will guide how we work with our investments to decarbonise and shape how we think about new investments and their potential impact.
As always, our work doesn’t stop here. We’ll keep pushing forward in 2025 to help both ourselves and our brands grow sustainably. But for now, we take a moment to reflect on and celebrate the progress made in 2024.
Read our 2024 Sustainable Investment Report here.
If you have any questions or feedback, please drop us an email – georgia@piper.co.uk