Raylo Group Ltd

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Raylo Group Ltd Sustainability Actions

Circular device subscriptions

Raylo doesn't sell devices. It's a subscription. When a Raylo customer comes to the end of their two or three years with their device, we automatically refurbish that device and it gets to have another life with another happy customer. And maybe again after that. And once we've really made the most of it, the device is carefully recycled.

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Certified B Corporation

We're incredibly proud to announce that Raylo has become part of the B Corp movement for a more sustainable and inclusive economy. Certified B Corporations (B Corps) are part of an initiative from B Lab, a non-profit that serves a global movement of businesses using growth as a means to a greater end: positive impacts for their employees, economies, communities and the environment.

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Published sustainability report

In June this year we published our first sustainability report. The report highlights the positive impact that our leasing model can have on the environment.

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Green loan and framework

Following the initial funding of £25m in 2022, our Speciality Finance team has now structured an up to £65m refinancing of Raylo’s Revolving Credit Facility to further support Raylo’s growth ambitions and new product development. NatWest played a crucial role in assisting with the development of Raylo’s Green Financing Framework and securing a positive Second Party Opinion (SPO) from S&P Global Ratings.

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ESG committee established

Working with NatWest on the green loan served as a catalyst for formalising and enhancing Raylo’s sustainability data and governance, including the establishment of an ESG committee.

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What do our labels mean?

Certified B Corporation Logo

Certified B Corporation

About Raylo Group Ltd

  • Status
  • Unverified
  • Employees
  • 25 - 100
  • Country
  • United Kingdom