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.”
