loveelectric is BCorp certified!

It’s official — loveelectric is now a Certified BCorp! We’ve joined a global community of businesses committed to doing better for people and the planet, and we couldn’t be more thrilled to share this news with you.

This milestone reflects who we are and the business we always set out to be. A simple mission has driven us: to make electric vehicles affordable and accessible to all, helping accelerate the UK’s transition to Net Zero. Becoming a BCorp is the ultimate validation that we’re doing the right things, for the right reasons.

Why BCorp matters

Earning our BCorp certification was no walk in the park (the process is as rigorous as they come!), but it was worth every step. The BCorp badge represents a commitment to maintaining those high standards long into the future. It’s a promise to our customers, partners and ourselves that we’ll continue to prioritise people and the planet over profit.

As our CEO, Steve Tigar, says, “As a certified BCorp, we're dedicated to making a positive impact that goes beyond the bottom line.” Every decision made and step taken, is in pursuit of a fossil-free future for personal transport. 

Our journey so far

Since launching our salary sacrifice scheme in September 2021, we’ve enabled employees nationwide to reduce their personal carbon footprint by 1.8t CO2e each year, while saving up to 60% on their monthly leases. This was just the beginning. In October 2023, we took another major step by launching reloved™, the first used EV leasing platform for salary sacrifice. This innovation lowered the entry salary for EV ownership from £36k to £26k, opening the door for even more people to get behind the wheel of an all-electric car.

But we didn’t stop there. By offering used EVs through Business Contract Hire, we’ve brought electric vehicles to an even broader market, making them more affordable and accessible to businesses of all sizes. We’ve saved companies and their employees millions in tax, cut tonnes of carbon emissions, and provided endless smiles for miles. 

All of this is rooted in our core mission: to make electric cars affordable for all.

Building a better business

Our journey has been about more than just numbers. We built loveelectric from the ground up to offer the best possible package for employers and drivers alike. As one of the first dedicated EV brokers, we’ve honed our salary sacrifice scheme into a bespoke product that fits seamlessly into any business. The best part? It doesn’t cost companies a penny. Instead, they save on National Insurance Contributions, while their employees enjoy all of the benefits of driving and affordable EV. 

Transparency is central to everything we do. No hidden costs, no sneaky pricing structures — just one simple monthly payment that covers everything. And with our total commitment to 100% electric vehicles, we’re helping to drive the transition to a more sustainable future.

So what does this mean for our current and future customers? 

• Your favourite green supplier: With stakeholders - employees, consumers and clients - more conscious than ever about who they work with, you can proudly showcase loveelectric as your go-to EV supplier. 
• Trust and transparency: You can rely on us to act with integrity and responsibility: what you see is what you get!
• Community impact: 10% of our profits support initiatives improving air quality and decarbonisation.

• Slash Scope 3 emissions: Partnering with us helps reduce your company’s Scope 3 emissions, advancing your Net Zero goals.
• Boost employee benefits: Provide your employees with a cost-effective way to drive electric, boosting happiness and retention.

People and planet over profit

Becoming a BCorp is a badge of honour and a commitment to making a positive impact. We’re dedicated to improving the planet, which is why we only offer fully electric vehicles. It’s also why we donate 10% of our profits to charities like Asthma UK’s Clear Air campaign, helping to tackle the pressing issues of air quality and climate change.

We also believe in the power of the next generation. That’s why we’re committed to offering opportunities to those early in their careers — especially Gen Z, who will be most affected by climate change. By empowering young talent, we’re investing in a future that benefits everyone.

Part of something bigger

We’re proud to be part of the BCorp community: one that includes businesses of all shapes and sizes, from startups to multinationals. As Chris Turner, executive director of B Lab UK, says, “Business is a powerful force, and B Corps demonstrate that positive impact is possible in any sector. Welcoming loveelectric to the B Corp community is an exciting moment for the leasing and brokering industry. Its commitment to doing business differently will be an inspiration to others and will help spread the notion that success in business is as much about people and planet as it is profit.”

This certification is a big milestone for us, but it’s just the beginning. We couldn’t have reached this point without the support of our incredible customers, partners and team. Together, we’re not just changing how people drive — we’re changing how business is done.

Thank you for being part of this journey with us. We’re excited about what the future holds, and we’re committed to driving positive change, one electric vehicle at a time.

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