Time Retail Partners Achieves B Corp Certification

They join a select group of property companies committed using business as a ‘force of good’.

London-based Time Retail Partners (TRP) announced today (26th March 2024) it has been awarded B Corp Certification from B Lab – the non-profit network transforming the global economy to benefit all people, communities, and the planet. The consultancy is among the first retail property companies in the UK to achieve this standard, following from numerous Retail brands who have already achieved the accreditation.

TRP were assessed across the five key pillars – Governance, Workers, Community, Environment, and Customers. One of the key items was to change their Articles of Association to a legal pledge to continue to uphold the values that needed to become B Corp Certified. TRP will update their assessment every three years to maintain their certification.

Founded in 2015, TRP is a partnership-led retail property consultancy, led by CEO Rob Wingrave. Based in London’s West End, the team of 16 staff has a wealth of knowledge and experience in the industry and pride themselves on their commitment to delivering exceptional results for their clients.

Commenting on the achievement, CEO Rob Wingrave, said:

“This is a major achievement for us and I’m proud that after working hard for 2 years, our team have gained B Corp status. We have always been committed to making a positive social and environmental impact and have been working with our clients to evolve into a green business. This cements our commitment to environmental sustainability, our staff, and clients.

Increasingly, companies are being forced to tackle the big issues the world faces such as climate change, diversity, inclusion and making society fairer to attract investors and keep customers. As a supplier, we will be expected to match the criteria these companies have set for themselves. B Corp Certification shows everyone that we are on board with the process and adhere to the highest standards.”

To be certified as a B Corp (Benefit Corporation) Certification, a company must review and prioritise its social and environmental impact alongside financial success, legal accountability, and public transparency to balance profit and purpose. The aim is to create a more inclusive and regenerative economic system and is based on the vision of creating a community of for-profit companies. Having B Corp Certification status allows businesses to improve their offering and be able to match the criteria set by some of their clients and ensure the highest standards are adhered to.