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Arum certifies as a B Corporation 10 JANUARY 2024

Arum certifies as a B Corporation

Arum, alongside sister company Just, has announced today its certification as a B Corporation, joining a community of 7,000 companies globally reinventing business by pursuing purpose as well as profit.

Arum has been certified by B Lab, the not-for-profit behind the B Corp movement, as having met rigorous social and environmental standards which represent its commitment to goals outside of shareholder profit.

The B Corp certification addresses the entirety of a business’ operations and covers five key impact areas of governance, workers, community, environment and customers. The certification process is thorough, with applicants required to reach a benchmark score of over 80 while providing evidence of socially and environmentally responsible practices including worker compensation, diversity and corporate transparency. To complete the certification, companies must legally embed their commitment to purpose beyond profit in their company articles.

Andy Pritchard, CEO of Arum, commented, “We are delighted to announce our certification as a B Corp, a journey which began for us two years ago. This achievement demonstrates the high standards to which we have always held ourselves. At Arum, we are conscious that the work we do with our clients has an impact not only on their customers but society as a whole, so becoming a B Corp felt like a natural fit for us. We hope that this shift towards greater accountability and transparency in our sector continues.”

Chris Turner, Executive Director of B Lab UK, added, “Welcoming Arum is an exciting moment because they have an opportunity to lead the way within the debt industry. We and the rest of the B Corp community are really pleased to support them in paving the way for a new way of doing things. 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 you can do good in any sector.”

About B Lab UK

B Lab UK is transforming the economy to benefit all people, communities, and the planet. A leader in economic systems change, our global network creates standards, policies, and tools for business, and we certify companies—known as B Corps—who are leading the way. To date, our global community includes over 7,000 B Corps in 90 countries and 161 industries, and over 150,000 companies manage their impact with the B Impact Assessment and the SDG Action Manager.

About Arum

Arum has been helping organisations resolve problem debt for 25 years across 20 global territories. We provide clients with independent advice and practitioner support across collections and revenue.

Whether choosing or implementing collections technology, navigating digital business transformation, or improving customer treatments to achieve better outcomes, Arum experts are trusted by leading brands across public sector organisations, financial services (banking, lending, debt purchase), utilities, and telecommunications companies.

We’re collections and revenue experts and work collaboratively with our clients to prevent and resolve problem debt.


Arum media contact

Hannah Woodward, Group Head of Marketing, Brand and Communications

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