Green Libros

Books

Recoleta Santiago, Santiago

Chile

www.greenlibros.com

About Green Libros

Green Libros is a for profit social venture in Chile, that collects books that would otherwise be sitting in disuse and either donates them to build libraries or sells them to provide funds for programs that promote reading or provide access to books. At the very least the book is recycled. Chile is a country that has a relatively high level of literacy, upwards of over 97% of the population can read, but less than half of Chileans have read a book in the last year. The primary reason that people give for not reading is the high cost of books and the lack of access to books. By donating books directly, as well as donating a percentage of the revenue of each sale they make a direct impact. Yet even more interesting is that their model allows them to offer books they sell at much lower costs than previously available in the market, indirectly influencing market prices towards greater accessibility.

Green Libros was started in 2009, and has collected and put to use or recycled over 75K books, while providing funding to 12 non-profit partners. The company collects books at over 30 different points in Santiago, Chile including primary schools, universities, libraries and recycling centers.

We became a certified B Corp because we believe our business of capitalizing on the excess books sitting around and either giving them a more useful home or turning them into money for our partner foundations is at its core being the change we seek. The concept of social ventures is relatively new in South America, and B Corp is important to us in providing outside validation and legitimacy to this style of business. The B Corp community is filled with hundreds of examples of businesses who share a commitment to what some traditionalists might call “crazy”, and we want to be part of a community who views the world as we do.

The Change We Seek®

Green Libros believes that not simply literacy, but regular reading is important to the development of people and cultures. Those who read regularly are shown to have greater self-esteem, creativity, and leadership skills, all qualities which are important anywhere but especially so in the developing world. Education and equality (both social and economic) are intimately linked and Green Libros hopes that it can through its model show that it’s possible to make positive changes for both.

What makes us a better company?

B Impact Report

Certified since: 

June 2012
Summary:

Company Score

Median Score*

Environment

Environment

The Environment section of the Assessment evaluates a company's environmental performance through its facilities; materials, resource, and energy use; and emissions. Where applicable, it also considers a company's transportation/distribution channels and environmental impact of its supply chain. This section also measures whether a company's products or services are designed to solve an environmental issue, including products that aid in the provision of renewable energy, conserve resources, reduce waste, promote land/wildlife conservation, prevent toxic/hazardous substance or pollution, or educate, measure, or consult to solve environmental problems.

32
7
Workers

Workers

The Worker section of the survey assesses the company's relationship with its workforce. This section measures how the company treats its workers through compensation, benefits, training, and ownership opportunities provided to workers. It also focuses on the overall work environment within the company through management/worker communication, job flexibility and corporate culture, and worker health and safety practices.

21
18
Customers

Customers

The Customers section of the Assessment measures the impact a company has on its customers. The section focuses on whether a company sells products or services that promote public benefit, and if those products/services are targeted towards serving underserved populations. Questions in this section will measure whether a company's product or service is designed to solve a social or environmental issue (e.g. improves health, preserves environment or creates economic opportunity to individuals or communities, promotes the arts/sciences, or increases the flow of capital to purpose-driven enterprises).

9
N/A
Community

Community

The Community section of the survey assesses a company's impact on its community. The Community section evaluates a company's supplier relations, diversity, and involvement in the local community. The section also measures the company's practices and policies around community service and charitable giving. In addition, this section includes if a company's product or service is designed to solve a social issue, including access to basic services, health, education, economic opportunity, arts, and increasing the flow of capital to purpose-driven enterprises.

16
17
Governance

Governance

The Governance section of the Assessment evaluates a company's accountability and transparency. The section focuses on the company's mission, stakeholder engagement, and overall transparency of the company's practices and policies.

13
6
Overall B Score
90
55

80 out of 200 is eligible for certification

*Of all businesses that have completed the B Impact Assessment

*Median scores will not add up to overall

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