L&C Mortgages achieves B Corp Certification
Certified B Corporations meet the standards of verified social and environmental performance, public transparency, and legal accountability.
L&C Mortgages has achieved B Corp certification.
B Corp Certification is granted by global nonprofit B Lab after an evaluation of a company’s performance across five key areas: governance, workers, community, environment, and customers.
Certified B Corporations are businesses that meet the standards of verified social and environmental performance, public transparency, and legal accountability.
In its first assessment L&C achieved a B Impact score of 87.4 to surpass the minimum necessary score of 80 required to achieve certification. According to B Lab most businesses would ordinarily achieve a median score of 50.9.
The certification sees L&C become part of a growing global movement of over 2,500 B Corps in the UK, united by the belief that business can and should be a force for good.
Mark Harrington, CEO at L&C, said: “Becoming a certified B Corp is a proud moment for L&C, underlining that we are a business that puts people, planet and purpose first. Achieving certification is certainly a major milestone but only represents the beginning of our commitment to ongoing improvement.
"I’m excited for the impact we can continue to make, as we strive to build a fairer, more inclusive and sustainable future for our colleagues, customers and communities.”
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Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
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