BACK TO TOP

Under pressure: Europe's largest mining investment conference

To B Corp or not to B Corp - stop hosting annual dirty money conference

In 2023, CAN reached out to the Business Design Centre to alert them to the fact their upcoming conference will be funnelling money into some of the world's worst companies for human and environmental abuses. We were resoundingly ignored. We held an action outside the Centre for 3 days in the freezing cold to speak with all the investors going in, but the Business Design Centre kept its head in the sand.

So, at the end of 2023, we contacted B Labs, the company behind the 'ethical' B Corp status. We followed B Labs' complaints process after it materialised that the Business Design Centre (conference centre in London) was using B Corp status to greenwash hosting Europe's largest investment conference for mining around the world. We felt that the Business Design Centre should have to choose between hosting exhibitors accused of human rights and environmental abuses, or enjoy B Corp status. We hoped, faced with this choice, Business Design Centre would drop the conference - helping reduce the UK's support for coal and mining around the world, a key aim of ours...

...But B Labs reply, after 6 months, disappointed us with no commitment to take action on what is clearly incompatible with the "high standards of social and environmental performance" that B Corp status promises customers. So we - or rather, our supports and the public - took action!

Other B Corp companies join supporters to challenge greenwashing

As B Labs doesn't seem bothered was the public says, we asked supporters to contact other B Corps - who are effectively B Labs customers. Almost 20,000 emails were sent to over 60 B Corp status companies, asking them to take a stand with us, and for what their B Corp status is meant to represent. Emailers politely asked these companies to contact B Labs and ask them to make the Business Development Centre stop greenwashing its promotion of mining with B Corp status. We had a great response with companies wanting to defend their investment in B Corp status and expressing dismay that B Labs would extend B Corp status to a company acting so clearly against the principles of environmental and social care.

"xxxx have raised your concerns with B Corp"

"I am frustrated about the event, but I am really angry at the greenwash and hiding of the even"

"I ask that B Labs take prompt action to protect the reputation of the B Corp trademark that we pay for and showcase on our website... last year some of the worst mining companies in the world gathered under the B Corp trademark. This is appalling and I hope you understand how important it is to put a stop to this."

A commitment to review B Corp status of the Business Design Centre

The B Labs team finally responded to some of these B Corp status companies with:

"As of 18 November this year, companies looking to certify, or recertify, will be subject to a new framework that more closely considers the nature of the relationship between the certifying company and their client’s harmful practices. We’ll ensure the Business Design Centre is aware of this new framework."

We still think B Labs could - and should - do more to encourage the Business Design Centre to drop the annual 'Mines and Money Conference' - but this is, at least, a start. It was great to see supporters and more ethical companies join together to challenge greenwashing.

Stay tuned to hear what we plan in 2025 to turn up the heat even further on the Business Design Centre, and all the ways that the UK continue to support coal mining and use around the world.

Published: 20. 12. 2024

Share now:

Subscribe
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Never miss an update! Sign up to our Newsletter

OTHER STORIES

Lee Anderson on dirty, horrible, dangerous coal jobs

As part of our Politics Unspun series we are unpacking politicians’ public comments on coal to challenge any misleading or incorrect messages. Todays’ focus is on comments made during a Westminster Hall debate in December 2025 about the oil refining sector. During the debate, Lee Anderson MP made some statements about coal…

Take Action – End new English coal

The Government is reforming planning policy in England and thanks to thousands of our supporters asking for an end to coal extraction in the last consultation in 2024, they are now recommending that planners “should not identify new sites or extensions to existing sites for peat or coal extraction”…

Demand nature be restored to Ffos-y-fran opencast site

Merthyr (South Wales) Ltd mined for over a year illegally after planning permission for the Ffos-y-fran opencast coal mine ended in September 2022. During that year, it made record-breaking profits due to sanctions on Russia and other factors driving up the price of coal. But rather than using some of the profits from that ill-gotten coal…

2026 must be the year that new coal extraction will be banned

In November 2024, the new UK Government announced its intention to legislate a ban of new coal mining licences – which we welcomed. Over a year later, the legislation is yet to be introduced, and the Government is not planning to include all types of extraction…

Where our coal comes from

The UK steel and cement sectors (and to a lesser extent, bricks) are the largest users of coal following the closing down of the UK’s last coal-fired power station in September 2024. Check out our coal dashboard for our most recent coal stats including an industry break-down. We support the UK Government’s commitment to ban…

A stainless future for steel

The steel industry produces 9-11% of the annual CO2 emitted globally, contributing significantly to climate change. In 2024, on average, every tonne of steel produced led to the emission of 2.2 tonnes of CO2e (scope 1, 2, and 3). Globally in 2024, 1,886 million tonnes (Mt) of steel were produced, emitting…

Westminster Hall debate – Coal tip safety & the coal licence ban

Last month we worked with Members of Parliament from various parties on a Westminster Hall debate about coal tip safety and the prohibition of new coal extraction licences. The debate happened 59 years and one day after the Aberfan tragedy which killed 116 children and 28 adults…

Concrete opportunities for coal-free cement works

Successful, at-scale, examples already exist of cement works burning 100% fuel alternatives to traditional fossil fuels, including pilot projects using combinations of hydrogen and biomass (UK) and hydrogen and electricity (Sweden). Yet, innovations such as use of hydrogen and kiln electrification are…

Caerphilly candidates views on Bedwas coal tips

Within the borders of the Senedd Caerphilly constituency is the proposed Bedwas coal tips re-mining project. In the lead up to the Senedd by-election, Coal Action Network has carried out a survey of the by-election candidates asking for their views about the re-mining of the Bedwas and other…

CONNECT WITH US

Share now:

0
Would love your thoughts, please comment.x
()
x