Knightsbridge donates a percentage of its profits to help the homeless

Covid-19 has had a significant impact on the livelihood of millions of Brits, meaning that homelessness across the UK jumped significantly in 2020. Recognising the need to help those in need at this all-important time, Knightsbridge has announced that it’s donating a percentage of its profits to help the homeless. 

The company announced that it was providing a £12,000 donation to the homeless charity Signposts. It noted that Signposts doesn’t simply provide accommodation to its clients: it offers a wider range of support that seeks to holistically address the causes and consequences of homelessness such as social isolation, mental ill health and substance/ alcohol abuse through a strengths-based approach which includes learning, sharing, developing and using skills.

The £12,000 donation stems from Knightsbridge’s social responsibility initiative Committed to a Brighter Future, which encompasses charity work, increased sustainability – such as a move to sustainable packaging that is both 100% recyclable and made from 100% recycled materials – and research into and investment in energy-efficient products.

The donation will be used as a starting point to set up ‘Knightsbridge bursaries’, a service that relieves the stress of electricity, gas and food costs for people who have come into accommodation directly off the streets. 

Tim Archbold, chief executive of Signposts, said, “We are so grateful to Knightsbridge for their support. These bursaries will make a real difference to people’s lives and enable them to get back on their feet and back into society.”

Other Knightsbridge milestones realised under Committed to a Brighter Future so far include a 95% reduction in single use plastics, 98% of packaging being biodegradable; and contributions in both goods and volunteers that have helped feed over 1300 people at the company’s local food bank.