Relove Technology becomes B Corp Certified
Technology recovery and refurbishment specialist, Relove Technology has announced its certification as a B Corporation (or B Corp), joining a growing group of companies reinventing business by pursuing purpose as well as profit.
Relove Technology 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 rigorous, with businesses applicants required to achieve a score of at least reach a benchmark score of over 80 while providing evidence of socially and environmentally responsible practices, such as relating to energy supplies, waste and water use, worker compensation, diversity and corporate transparency.
To complete the certification, the company will legally embed their commitment to purpose beyond profit in their company articles.
Relove Technology is now part of a community of 4,000 businesses globally who have certified as B Corps. The B Corp community includes well-known brands such as The Guardian, innocent, Patagonia, The Body Shop and organic food pioneers Abel & Cole.
Recent attention on the growing problem of e-waste makes Relove Technology B Corp certification a notable step and signals a shift towards greater accountability and transparency in the sector.
Paul Crossman, Founder and CEO of Relove Technology, says “We launched Relove Technology with the mission of bringing honesty and transparency to the refurbished tech marketplace, to provide fabulous refurbed tech with providence so people can trust what they buy, knowing not only they have a great quality device but are also doing good for people and planet.
“Achieving B Corp certification has been the plan from day one, and together with our Social Enterprise certification, will ensure we held accountable to our mission and our objectives to give disadvantaged, underrepresented and at-risk young people the opportunity to thrive.”
Kate Sandle, Director of Programmes and Engagement of B Lab UK, says “We are delighted to welcome Relove Technology to the B Corp community. This is a movement of companies who are committed to changing how business operates and believe business really can be a force for good. We know that Relove Technology are going to be a fantastic addition to the community and will continue driving the conversation forward”.
“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.
“Welcoming Relove Technology is an exciting moment because they have an opportunity to lead the way within the electronics recycling industry. We and the rest of the B Corp community are really pleased to support Relove Technology in paving the way for a new way of doing things”.