Re-Vive

Real estate development, urban regeneration

Gentbrugge, Oost Vlaanderen

Belgium

www.revive.be

About Re-Vive

Re-Vive concentrates on brownfield sites instead of unexplored area. The urban areas have enormous potential to transform themselves into sustainable communities. B Corp certification gives us an objective assessment of the actual realization of Re-Vive's beliefs and a tool to prove they makes things happen. It is also a way to reset the standards in a rather conservative business such as real estate development. The B-corp label gives Re-Vive a boost to outperform on their impact ambitions.

The mission of Re-Vive in these areas is to develop green spaces and living quarters with a social, demographic and functional mix. Through all projects Re-Vive stimulates neighbourhood participation , the use of public transport and biodiversity. Recycling of demolition materials, the reuse of rainwater, reducing waste and the use of sustainable materials are always included in the project plans. Historically, the legacy problems of such sites have stood in the way of redevelopment with the barrier of reclaiming contaminated sites and regenerating existing buildings proving too complex to resolve. The net result is these sites largely remain undeveloped.

Brownfield development is the answer to unlocking these opportunities. By taking over the distressed assets and relieving the owners of their burdens, Re-Vive unlocks existing development land and returns it into proper use. Re-Vive targets residential and commercial real estate developments with a focus on inner city regeneration and with a triple bottom line approach of “People, Planet, Profit”. The approach of Re-Vive is based on the principles for creating sustainable and communities, securing the wellbeing of society, the environment and the economy. In addition Re-Vive only builds green constructions ranging from low energy to passive standards.

We are innovating in the brick and mortar business space, and a trustworthy international label stating that we keep our word was crucial. The B-Corp assessment is an international standard for private businesses and helps us to improve our yearly non-financial performance. Thanks to B-Corp we now have a clear view on our biggest added values, a guideline to improve them, and a brand to use when proving our concept. The look & feel also matches our own brand.

The Change We Seek®

Rather than developing greenfield land, Re-Vive decided from the beginning to regenerate abandoned and contaminated industrial facilities. This way they invest in rehabilitation of urban tissue in order to create new vibrant spaces to live, work and play.

These deprived urban areas have enormous potential to transform themselves into sustainable communities. The mission of Re-Vive in these areas is to develop green living quarters with a social, demographic and functional mix.

They reduce overall CO2 footprint of the projects by investing in energy-friendly buildings, stimulating car sharing the use of bicycles, using only eco friendly building materials, maximizing recycling and minimizing waste.

They build neighborhoods instead of merely real estate by creating interesting public and collective spaces, integrating several social and demographic groups and providing new ways of living and interacting.

What makes us a better company?

B Impact Report

Certified since: 

December 2012
Summary:

Company Score

Median Score*

Environment

Environment

The Environment section of the Assessment evaluates a company's environmental performance through its facilities; materials, resource, and energy use; and emissions. Where applicable, it also considers a company's transportation/distribution channels and environmental impact of its supply chain. This section also measures whether a company's products or services are designed to solve an environmental issue, including products that aid in the provision of renewable energy, conserve resources, reduce waste, promote land/wildlife conservation, prevent toxic/hazardous substance or pollution, or educate, measure, or consult to solve environmental problems.

86
7
Workers

Workers

The Worker section of the survey assesses the company's relationship with its workforce. This section measures how the company treats its workers through compensation, benefits, training, and ownership opportunities provided to workers. It also focuses on the overall work environment within the company through management/worker communication, job flexibility and corporate culture, and worker health and safety practices.

21
18
Customers

Customers

The Customers section of the Assessment measures the impact a company has on its customers. The section focuses on whether a company sells products or services that promote public benefit, and if those products/services are targeted towards serving underserved populations. Questions in this section will measure whether a company's product or service is designed to solve a social or environmental issue (e.g. improves health, preserves environment or creates economic opportunity to individuals or communities, promotes the arts/sciences, or increases the flow of capital to purpose-driven enterprises).

1
N/A
Community

Community

The Community section of the survey assesses a company's impact on its community. The Community section evaluates a company's supplier relations, diversity, and involvement in the local community. The section also measures the company's practices and policies around community service and charitable giving. In addition, this section includes if a company's product or service is designed to solve a social issue, including access to basic services, health, education, economic opportunity, arts, and increasing the flow of capital to purpose-driven enterprises.

22
17
Governance

Governance

The Governance section of the Assessment evaluates a company's accountability and transparency. The section focuses on the company's mission, stakeholder engagement, and overall transparency of the company's practices and policies.

16
6
Overall B Score
147
55

80 out of 200 is eligible for certification

*Of all businesses that have completed the B Impact Assessment

*Median scores will not add up to overall

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Company Highlights: 

Governance: Evaluates >75% of management on performance for corporate social and environmental targets

Workers: Pays all employees a living wage; Offers a minimum of 3 weeks paid vacation/sick days; Offers additional benefits (life insurance, company car, home internet, subsidized childcare)

Community: Gives preference to local/sustainable suppliers; Gains >50% revenues from local clients

Environment: Has extensive recycling program for paper, plastic, cardboard, glass & metal; Uses >50% renewable energy (at least 10% of renewable energy is produced on-site); >75% of printed materials use recycled content, FSC certified paper, and/or soy-based inks

Miscellany: 

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