Cornish property firm lands B Corp status
A Cornish property developer has become one of the first in the country to be awarded B Corp status.
Cornwall Council owned Treveth is taking the lead on bringing sustainable new build homes and commercial developments to Cornwall.
Just four years after launching Treveth has become one of the first developers in the UK to achieve the rigorous requirements of B Corp certification.
Businesses that are certified B Corps meet the highest standard of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.
Tim Mulholland, managing director at Treveth, commented: “We are delighted to announce that we are among just a handful of UK developers that have achieved the B Corp certification.
“Furthermore, we believe Treveth is the first local authority owned company to achieve B Corp status. This highly regarded certification is an acknowledgement of our company’s strong environmental and social ethos and our brilliant team, who work really hard to bring these values to life across all our activities.”
Managed by B Lab, the internationally recognised certification process measures a company’s entire impact across five key areas of Governance, Workers, Community, Environment, and Customers. It also verifies socially and environmentally responsible practice from energy, water and waste to diversity, transparency and staff support policies.
Based in Truro and operating under a ‘Profit with Purpose’ ethos, Treveth builds high-quality new build homes, sustainable communities, and commercial developments in partnership with Cornwall Council to benefit people who live and work in Cornwall.
Tim continued: “Since Treveth launched in 2019, sustainability has been at the core of everything we do. Our objective has always been to leave behind a positive legacy of sustainable residential and commercial developments that are valued by their communities. We are also driving forward meaningful action on decarbonisation in full alignment with Cornwall Council’s ambition for Cornwall to be carbon neutral by 2030.”
The commercial arm of the business is also looking at new ways in which it can bring workspace opportunities to Cornwall whilst managing its environmental impact. Currently under construction, Treveth is retaining and reusing the foundations and steel frames on site at Pool’s Dudnance Lane to reduce both the amount of waste generated from site and new materials needed for rebuilding.
Tim added: “With this certification, Treveth becomes a part of the global B Corp community which allows us to connect with other like-minded brands and businesses that measure social and environmental impact. We have learnt a considerable amount throughout the B Corp process and will use the assessment to keep strengthening our approach in the years to come.”
The B Corp certification applies to all companies under the Treveth umbrella, including Perran Housing.
