Ten Lifestyle Group PLC Ten is awarded B Corp Certification (4799Z)
16 5월 2023 - 3:00PM
UK Regulatory
TIDMTENG
RNS Number : 4799Z
Ten Lifestyle Group PLC
16 May 2023
16 May 2023
Ten Lifestyle Group plc
("Ten" or the "Group")
Ten is awarded B Corp Certification
Ten Lifestyle Group plc (AIM: TENG), the platform driving
customer loyalty for global financial institutions and other
premium brands, announces that following a rigorous assessment
process, it has been awarded B Corp Certification, joining a global
community of businesses united by a shared goal of making a
positive impact on society and the environment.
B Corp Certification is a globally recognised and independent
framework for responsible businesses. It acknowledges companies
that uphold the highest standards of social and environmental
performance, public transparency, and legal accountability,
emphasising a balanced approach between profit and purpose.
The certification is expected to bring significant positive
impacts to Ten and its stakeholders, including:
-- Demonstrating ESG credentials: The certification validates
Ten's ESG credentials to shareholders, members, suppliers, and
stakeholders.
-- Attracting values-driven individuals: Being a B Corp helps
Ten attract and retain mission-driven individuals.
-- Competitive advantage: Ten is the world's first full-service
concierge company and the first AIM-listed B Corp, recognising Ten
as a leader in responsible business practices.
-- Alignment with ESG priorities: Ten's B Corp Certification
aligns with the growing focus on ESG priorities amongst corporate
clients and individual members.
As a B Corp, Ten aims to strengthen its position as a socially
and environmentally responsible business while gaining the benefits
that extend to its stakeholders.
Ten will stand alongside over 6,000 B Corps worldwide, including
well-respected companies such as Patagonia, Abel & Cole, Aesop,
Hawksmoor, Berghaus, Learn Amp and Coutts Bank.
Alex Cheatle, CEO of Ten Lifestyle Group, said;
"By becoming a B Corp, we have achieved a significant milestone
in our mission to become the world's most trusted service platform.
This achievement underscores our commitment to building a
sustainable, member-focused, values-driven and innovative
business."
For further information on B Corp and to read Ten's B Corp
profile, please visit
www.bcorporation.net/en-us/find-a-b-corp/company/ten-lifestyle-group-plc/.
- End -
For further information please visit www.tenlifestylegroup.com
or call:
Ten Lifestyle Group plc
Alex Cheatle, Chief Executive Officer +44 (0)20 7850
Alan Donald, Chief Financial Officer 2796
Peel Hunt LLP, Nominated Advisor and Broker
Paul Gillam +44 (0) 20 7418
James Smith 8900
Notes to Editors:
About Ten Lifestyle Group Plc
Ten Lifestyle Group plc ('Ten') partners with global financial
institutions and other premium brands to attract and retain wealthy
and mass affluent customers.
Millions of members have access to Ten's services across
lifestyle, travel, dining, entertainment and retail benefits on
behalf of over fifty clients including HSBC, Coutts, Morgan Stanley
and Royal Bank of Canada. Ten's partnerships are based on
multi-year contracts generating revenue through
platform-as-a-service and technology fees.
Ten's operations are underpinned by an increasingly
sophisticated personalisation platform comprising industry-first,
proprietary technology, thousands of supplier relationships and 25
years of proprietary expertise delivered from over 20 global
offices.
Ten is on a mission to become the most trusted service platform
in the world.
For further information please go to:
www.tenlifestylegroup.com.
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END
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May 16, 2023 02:00 ET (06:00 GMT)
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