REG - Ten Lifestyle Group - Ten is awarded B Corp Certification

Ten LifestyleAnnouncement

16/05/2023 07:00

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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/
(https://www.bcorporation.net/en-us/find-a-b-corp/company/ten-lifestyle-group-plc/)
.

 

- End -

 

For further information please visit www.tenlifestylegroup.com
(http://www.tenlifestylegroup.com) or call:

 

 Ten Lifestyle Group plc                       +44 (0)20 7850 2796

 Alex Cheatle, Chief Executive Officer

 Alan Donald, Chief Financial Officer

 Peel Hunt LLP, Nominated Advisor and Broker   +44 (0) 20 7418 8900

 Paul Gillam

 James Smith

 

Notes to Editors:

About Ten Lifestyle Group Plc

Ten Lifestyle Group plc (http://www.tenlifestylegroup.com) ('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
(http://www.tenlifestylegroup.com/) .

 

 

 

 

 

 

 

 

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