B Impact Assessment

Governance

Governance

Governance

Questions Answered25/25
Overall Score16.7
Operations Score6.7
IBM Score10.0
N/A Score0.0

Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

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Mission & Engagement

OPERATIONS 3.4
Level of Impact Focus Points Achieved 0.00/0.00 Available

Describe your company's approach to creating positive impact.

Our Answer
  • We treat our social and environmental impact as a primary measure of success for our business and prioritize it even in cases where it may not drive profitability.
Mission Statement Characteristics Points Achieved 0.25/0.33 Available

Does your company's formal, written corporate mission statement include any of the following?

Our Answer
  • A commitment to a specific positive environmental impact (e.g. reducing waste sent to landfills through upcycled products)
Mission Statement Points Achieved 0.00/0.00 Available
Our Answer

To transform the lives of all stakeholders through construction and promotion of sustainable homes.

Social and Environmental Decision-Making Points Achieved 0.67/0.67 Available

How does your company integrate social and environmental performance into decision-making?

Our Answer
  • Employee training that includes social or environmental issues material to our company or its mission
  • Manager roles with job descriptions that explicitly incorporate social and environmental performance
  • Performance reviews that formally incorporate social and environmental issues
  • Compensation and job descriptions of executive team members that include social and environmental performance
  • Board of Directors review of social and environmental performance
Social and Environmental Performance Training Points Achieved 0.67/0.67 Available

How are social or environmental performance principles and practices incorporated into employee training programs?

Our Answer
  • Specific, formal training is integrated into new employee and new manager training
  • Specific, formal training is integrated into ongoing employee and manager training
  • Workers articulate goals and achievements related to social and environmental metrics as an individual or part of a workplace team
  • All supervisors and managers receive training on how to communicate social and environmental goals to employees and implement accountability for results
Social and Environmental Management Reviews Points Achieved 0.67/0.67 Available

What percentage of full-time managers had a formal written performance evaluation in the last year that included social or environmental goals?

Our Answer
  • 100%
Board Review of Social or Environmental Performance Points Achieved 0.67/0.67 Available

Does the Board of Directors or equivalent governing body review your company's social or environmental performance on at least an annual basis?

Our Answer
  • Yes, the Board reviews key performance indicators (KPIs) on the company's social or environmental performance
Stakeholder Engagement Points Achieved 0.25/0.33 Available

Has your company done any of the following to engage stakeholders about your social and environmental performance?

Our Answer
  • We have created mechanisms to identify and engage traditionally underrepresented stakeholder groups or demographics
  • We report the results of stakeholder engagement on social and environmental performance to the highest level of oversight in the company, such as the Board
Management of Material Social and Environmental Issues Points Achieved 0.30/0.67 Available

How does your company identify, measure, and manage the most material social and environmental issues relevant to your operations and business model?

Our Answer
  • We track impact metrics that we’ve chosen based on company mission or executive decision
  • We have set performance targets for all identified material issues and measurements
Identification of Material Issues Points Achieved 0.00/0.00 Available

Based on the processes you have highlighted, what are the material issues that have been identified?

Our Answer

Pay and benefit Equity for workers, environmental impact of our buildings and continued reduction of such, during construction and operationally.

Ethics & Transparency

OPERATIONS 3.3
Governance Structures Points Achieved 0.14/0.57 Available

What is the company's highest level of corporate oversight?

Our Answer
  • Management, Executive Committee, or Democratic Governance
Internal Good Governance Points Achieved 0.57/0.57 Available

How does your company support internal management and good governance?

Our Answer
  • We have a formal organizational chart outlining the management and reporting structure of the company
  • We have written job descriptions for all employees outlining responsibilities and decision-making authority
  • We have management team meetings to plan strategy or make operational decisions
Ethics Policies and Practices Points Achieved 0.29/0.57 Available

What practices does your company have in place to promote ethical decision-making and prevent corruption?

Our Answer
  • A written Code of Ethics
  • We have created internal financial controls
Instruction on Code of Ethics Points Achieved 0.57/0.57 Available

How does your company instruct employees regarding your Code of Ethics on behavioral expectations, bribery, and corruption?

Our Answer
  • We instruct all newly hired workers on the Code
  • We instruct managers on the Code on an ongoing basis
  • We instruct all non-managerial workers on the Code on an ongoing basis
  • We communicate changes to the Code whenever it is updated
Reviewed / Audited Financials Points Achieved 0.57/0.57 Available

Does the company produce financials that are verified annually by an independent source through an Audit or Review?

Our Answer
  • Yes, through an audit
Financial Controls Points Achieved 0.46/0.57 Available

Does your company maintain any of the following financial controls?

Our Answer
  • Segregation of payment authorization, execution, and/or record keeping
  • Access to accounting software systems is limited to appropriate personnel
  • Access to credit or ATM cards is limited to appropriate personnel
  • IT systems have different password protection systems that are changed periodically with different access levels according to the position of the staff member accessing the data
Company Transparency Points Achieved 0.29/0.57 Available

What information does the company make publicly available and transparent?

Our Answer
  • Beneficial ownership of the company
  • Financial performance (must be transparent to employees at minimum)
Financial Transparency with Employees Points Achieved 0.43/0.57 Available

How does your company formally share financial information with full-time employees?

Our Answer
  • Our company discloses all financial information (except salary info) at least yearly
  • Our company discloses all financial information (except salary info) at least quarterly
  • In addition to sharing financials, our company also has an intentional education program around shared financials

Governance Metrics

OPERATIONS 0.0

This section asks for your company to provide important financial information that will be referenced later in the assessment.

Last Fiscal Year Points Achieved 0.00/0.00 Available

On what date did your last fiscal year end?

Our Answer

31 Dec 2022

Reporting Currency Points Achieved 0.00/0.00 Available
Our Answer

US Dollar - USD

Revenue Year Before Last Points Achieved 0.00/0.00 Available

From the fiscal year before last

Our Answer

3200000

Revenue Last Year Points Achieved 0.00/0.00 Available

From the last fiscal year

Our Answer

6509143

Net Income Last Year Points Achieved 0.00/0.00 Available

From the last fiscal year

Our Answer

-175894.01

Net Income Year Before Last Points Achieved 0.00/0.00 Available

From the fiscal year before last

Our Answer

-464497.44

Mission Locked - Impact Business Model

IMPACT BUSINESS MODELS 10.0

Recognizes corporate forms and amendments that preserve mission and/or considers stakeholders regardless of company ownership

Mission Lock Points Achieved 10.00/10.00 Available

Separate from a mission statement, what has your company done to legally ensure that its social or environmental performance is a part of its decision-making over time, regardless of company ownership? requirement.

Our Answer
  • As an independent or publicly-owned business, amended corporate governing documents or adopted a legal entity that requires consideration of all stakeholders in its decision-making (e.g. benefit corporation, completed B Corp legal amendment)