We're B Corp certified
What is B Corp?
B Corp is an independent designation requiring high standards of verified social and environmental performance, accountability, and transparency from the businesses it certifies.
In order to achieve certification, a company must:
- Demonstrate high social and environmental performance by achieving a B Impact Assessment score of 80 or above.
- Make a legal commitment by changing their corporate governance structure to be accountable to all stakeholders, not just shareholders.
- Exhibit transparency by allowing information about their performance measured against B Lab’s standards to be publicly available on their B Corp profile on B Lab’s website.
Why did TFT choose to get B Corp certified?
From our beginnings, as a firm of three surveyors in 1973, TFT has always been ambitious. Our reputation for forward-thinking advice and pushing industry standards is why we’re trusted to support our clients time and again.
As we grow, so does our impact on the world. To make that as broad and as positive as it can be, we need a holistic view of impact, and a trajectory for continual improvement. B Corp provides both of those things within its framework, backed up by a rigorous assessment process.
What is TFT improving now?
The B Corp framework measures factors ranging from employee benefits and charitable giving, to ethical supply chain management and environmental impact. Its methodology is based on the UN’s Sustainable Development Goals (SDGs), which you can find out more about here.
These are distilled in to five categories. We’re already showing progress against each of these, with more to do in the months and years ahead.
What does this mean for our clients?
Peace of mind for those who expect their suppliers to meet high levels of social and environmental performance, and to exceed those over time.
Holistic understanding: our advice comes not just from 50 years of building knowledge, but first-hand experience of taking on social and environmental performance challenges as a business.
The same dedication from our team: to give the best advice and to keep improving our work and the performance of our industry too.
What’s next on our B Corp journey?
Certification is just the start! We’re already working to improve and widen our positive impacts. TFT’s dedication to fulfilling that promise begins with how we run our own business to maximise positive impacts and do the best work we can with our clients and our wider community of stakeholders.
One of our next priorities is to get our science-based carbon reduction target and action plan verified by The Science Based Targets Institute.
TFT’s first Impact Report will be issued in 2024, covering our first year of progress following certification. We will issue these reports annually, and will re-assess with B Corp to quantify those improvements in 2026.
Please feel free to get in touch with our team if you have questions or would like to discuss our journey to certification.
The certification recognises the value and impact of the advice we offer to clients to improve their buildings, as well as the emphasis we place on growing our business as a force for good. B Corp certification is about much more than winning a badge; it represents an ongoing commitment to improve. We’re now part of a global community of ambitious organisations, with whom we will work to advance our own standards.