Kin and Carta PLC Kin + Carta Earns B Corp Certification in Europe (6492N)

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                [phone] 
Powerscourt 
 Elly Williamson / Jane Glover    [phone] 
Numis Securities Limited 
 Nick Westlake / Matt Lewis 
                                  [phone] 
 Peel Hunt LLP 
 Edward Knight/John Welch         [phone] 
 

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCLBLLXFKLBBBX

(END) Dow Jones Newswires

October 01, 2021 02:00 ET (06:00 GMT)