What Does It Mean to be a B Corp?
Certified B Corporations (B Corps) are for-profit companies that use the power of business to build a more inclusive and sustainable economy. To become a B Corp, companies go through a rigorous application process and B Impact Assessment to determine if they meet the minimum requirements.
The B Impact Assessment is used to help companies evaluate their impact on various stakeholders including their employees, customers, community, and the environment. Each portion of the assessment presents a set of questions with varying point values which when combined, determines a company’s overall B Score.
For Creative Energies, B Corp certification was the natural next step in our progress as a company focused on leading communities into a clean energy future. We believe business should be used as a force for good and not singularly focused on just profit.
B Impact Areas for Assessment:
- Customers
- Environment
- Community
- Workers
- Governance
B Corp Stats
- 80 Points = minimum number of points a company needs to earn to become a B Corp
- 200 Points = maximum number of points a company can earn
- 183 Points = highest score a company received in 2020
- 89.7 Points = Creative Energies score in 2020
- 99.1 Points = average score in the Renewable Energy Generation & Installation sector in 2020
Creative Energies’ Commitment to Progress
Our journey as a B Corp started back in 2017 when we went through the B Impact Assessment and received a score of 84.2. Excited to be joining the global B Corp network of companies, we knew our work didn’t stop there. In 2020 we went through the re-certification process and improved our score to 89.7. Our sights are set on 2023, when we will go through the re-certification process with the intention of improving our score yet again.
Some of the important progress we’ve been making as a company includes improving team member benefits, establishing a JEDI (Justice, Equity, Diversity, & Inclusion) Team, establishing a Green Team that monitors our environmental impacts, and finding opportunities to give back to the communities we operate within.
Learn more about Creative Energies’ Overall B Impact Score through the B Corp Website