FORE Celebrates Boosted B Corp Score
December 2023
We are proud to announce that we have re-certified as a B Corporation, the global marker of businesses that balance profit with purpose. We have improved our B Impact score to 115.1, putting us among the highest scoring real estate B Corps.
FORE was one of the first UK real estate businesses to meet the rigorous social and environmental standards required to achieve B Corp certification. When we joined the movement in 2020, we underlined our mission to use real estate as a tool to help address society’s greatest challenges and to build a more inclusive economy.
The recertification process, required every three years, saw us improve our overall B Impact score from 93.8 to 115.1. The assessment covers five key areas: Governance, Workers, Community, Environment and Customers.
115.1 is well above the minimum score of 80 needed to certify, and significantly higher than the median score of 50.9 for ordinary businesses who complete the assessment. A score over 100 is considered to be outstanding. We are pleased to join other high achieving property firms in the B Corp community such as Bridges Fund Management and Stanhope, and more broadly in the investment management sector like Generation Investment Management, Lombard Odier, and Tribe Impact Capital.
Our full B Corp evaluation and the detail behind our rating is available here.
Basil Demeroutis, Managing Partner: “Our enhanced B Corp score is testament to the FORE team’s commitment to supercharging positive social and environmental change. We are proud to be part of a movement redefining how business operates. Real estate is a critical part of our Urban System and, now more than ever, we need to drive system-level transformation.”
The UK has one of the largest and fastest-growing communities of sustainable businesses in the world, now with over 1,000 certified B Corps including well-known brands such as The Guardian, Innocent, Abel & Cole, and Raconteur.