Industry News

Haymarket Media Group achieves B Corp certification

The certification marks an almost three-year effort and entailed significant investment by the business and its employees. From the introduction of new policies spanning key areas including sustainable travel, environment, procurement, and business ethics, to mandatory employee training, and enhanced learning and development offerings. 

Kevin Costello, Global Chief Executive, Haymarket said: “This was the result of a company-wide effort that demanded new commitments and formalised ways of working. The process emphasised global collaboration across continents and teams, ensuring our commitments to being a force for good are embedded in our daily decision-making. 

As a privately-owned, family business, our people are our greatest asset. We have long been confident in our commitment to shaping a better future but today proves we walk the talk. We are setting a new standard amongst our peers – and we are excited for all that’s to come.” 

Haymarket, which owns more than 90 brands including Campaign, What Car?, Wonderly, and Asian Investor, has more than 1,300 employees, spanning offices in the UK, US, Canada, Germany, the Netherlands, Hong Kong, Singapore, and India.

The B Corp certification process, administered by the non-profit B Lab, involves a tough evaluation of a for-profit company’s entire social and environmental performance, as well as transparency and accountability.

Continuous improvement is at the foundation of being a B Corp, and Haymarket commits to fully embedding these principles, with mandatory recertification required every three years. Measurement and progress will be publicly reported in Haymarket’s annual Impact Report. 

Chris Turner, Executive Director, B Lab UK added: “We are delighted to welcome Haymarket to the growing community of Certified B Corporations. The rigour of the B Impact Assessment ensures that companies like Haymarket are truly balancing profit with purpose to benefit workers, customers, communities, and the planet. For a global media company of Haymarket’s stature to make this commitment shows the increasing momentum of the movement and its reach across all sectors.”

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