Impact Report 2020
We have been incredibly lucky at Bikmo that we work in a sector (cycling) which has thrived during the COVID-19 pandemic amongst the level of suffering and hardship that much of the world is experiencing.
If there’s anything that 2020 can teach us, it must be that through impact of globalisation and the air we breathe, we are all irrefutably and permanently connected. As a team of people that spend as much time as possible on our bikes in the great outdoors we are acutely aware of the threats the natural world faces.
NO PLANET, NO PLAY
So in September 2019 Bikmo made a public commitment to do better. 2020 was a pivotal year as our first full year as a BCorp, focussing our mission and sustainability objectives and seeing the impact of all the changes we made, which are covered in this report.
To work towards achieving this, we had 3 major goals:
Goal 1 – Hit net zero by 31st December 2020.
Before starting to contribute towards enabling our customers and network to reduce their impact on the planet through riding more, our first priority was to ensure our business was not contributing towards the issue.
Goal 2 – Put £10m back into local retailers by 2023.
We actively support local cycling communities by working with cycle retailers for repair and replacement services for customer claims, which supports them to stay in business and provides a crucial service to riders. We also provide and fund 14 days insurance for customers of our cycle retail partners – there is no cost to the customer or retailer.
Goal 3 – Partner with 1% for the planet.
We believe bikes are the solution to many of the world’s problems which has focussed our mission on protecting the worlds’ cyclists.