FBCG belongs to The Family Business Network (FBN), a not-for-profit international network that is run by family businesses, for family businesses, with the aim of facilitating greater success across generations.
FBN’s International Network was developed in 1989. Today, with over 9,100 individual members from over 3,000 family businesses across 58 countries, FBN is continually increasing its ability to help family businesses grow, succeed and prosper through the exchange of best practices, new ideas and the peer-to-peer learning activities within its network.
FBN acts as a thought leader and knowledge reference on family business issues; supporting the Next Generation (aged 18-40) of business-owning families; and promoting the case for family business to governments and decision makers.
- Is a not-profit and non-solicitation organization
- Includes family members across generations
- Supports the Next Generation (aged 18-40) of business-owning families
- Shares best practice and knowledge within a worldwide network at global and local levels
- Fosters intimate exchange and inspirational peer to peer learning
- Sponsors value added research
- Promotes the case for family business towards a more sustainable future
For more information you may visit the FBN International website
About Polaris Initiative
Polaris incorporates a holistic approach to sustainability that has economic, environmental, social and cultural dimensions. True sustainability enables positive change, encompasses environmental stewardship, embraces fiscal responsibility and enriches future generations.
Polaris is also commonly known as the North Star and used as a reference point for navigators and astronomers. Family businesses can draw inspiration from the Polaris framework as they journey to discover their True North – a clarity of purpose that uniquely expresses their calling and guides their every decision.
Impact Framework for Family Businesses
To enable members to deliver on the Pledge, we developed Polaris – a comprehensive framework to guide family businesses on this journey. Polaris is named for the North Star, a guiding light that has been used for thousands of years by explorers as its position on the northern sky almost exactly marks the Earth’s geographic north pole. Just as our forefathers depended on this guiding star, family businesses can draw inspiration from the Polaris Framework as we journey to find our True North – a clarity of purpose that uniquely expresses our calling and guides our every decision.
Polaris Impact Assessment – powered by B Lab
To enable FBN members to measure and improve sustainability practices, FBN is partnering with B Lab to develop the Polaris Impact Assessment (PIA). The PIA is a version of B Lab’s Impact Assessment that has been specifically customized for family businesses. The standard version of the B Lab assessment is well-established globally having been taken by over 40,000 companies in over 50 countries to drive sustainability performance and improve their impacts.
Studies have shown that companies that have sustainability at its core attract talent, build credibility and outperform competitors. So join fellow FBN members in accelerating your sustainability journey by taking these four simple steps:
At our 22nd Global Summit in Singapore in 2011, FBN members affirmed our promise to promote a business model that will sustain present and future generations; a commitment encapsulated in our Pledge for ‘A Sustainable Future’.
Click here to download the pledge.