Property services company achieves B Corp certification
North West-based property services company The Momentum Group has achieved B Corporation (B Corp) Certification.
The firm joins a global community of businesses deemed to meet high standards of social and environmental impact.
Administered by B Lab, B Corp assesses businesses across five impact areas: governance, workers, community, environment, and customers. The Momentum Group scored particularly highly for the ‘community’ category, and was noted for its philanthropic arm, the Momentum Foundation, which supports a number of charities.
The Momentum Group – which provides services to property clients including Grosvenor, Sovereign Centros from CBRE, Redevco, and Glenbrook – becomes one of just 3,124 UK businesses to receive B Corp certification. This equates to less than 0.06% of all UK companies, with fewer than 20 located in the Liverpool City Region, where The Momentum Group is based.
Chris Bliss and Chris Renshaw, co-founders and directors of The Momentum Group, said: “Becoming a B Corp Certified business is one of our most significant achievements. It has only been possible though because everyone in The Momentum Group shares our commitment to the company being socially and environmentally responsible in everything it does. We thank the team and hope they are as proud of this as we are.
“It is also a privilege to join other pioneering businesses in the Liverpool City Region, all of whom have been on a similar journey to our own to achieve B Corp Certification, and live by the high standards it champions. Every company has a responsibility to minimise its impact and maximise its contribution socially and environmentally, and B Corp Certification is a great way of being held to account.”
Achieving B Corp status caps off a year in which The Momentum Group has made progress environmentally, socially and in employee wellbeing.
In August, the firm published its first annual report for Momentum Contribute – the arm of the business focused on its commitment to people, places, the planet and professionalism. In addition, the group co-organised and hosted the second sustainability conference in the Liverpool City Region, growing it significantly from its launch last year. The Momentum Group has also calculated its carbon footprint, which is serving as a baseline against which the impact of future initiatives will be measured.