TerraCarbon

Forest Carbon Offset Consulting

Peoria, Illinois

United States

terracarbon.com

About TerraCarbon

TerraCarbon LLC® is a leading advisory firm that helps develop and sell carbon offsets to fund forest and wetland conservation. TerraCarbon believes that innovative approaches that place a value on nature and provide incentives for conservation are critical to addressing climate change, improving water quality, protecting biodiversity, and alleviating poverty.

TerraCarbon provides a full range of carbon offset advisory services including project feasibility, design, monitoring, and offset sales. Its clients include the world's leading conservation organizations, forward-thinking corporations, and environmental market investors. It has worked on more than 25 projects around the world that have protected and restored approximately 1.9 million hectares of forest and have reduced greenhouse gas emissions by more than 11 million tons.

We became a B Corp to formalize and express our commitment to using business and markets as a force for conserving our natural ecosystems and addressing society’s environmental challenges.

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The Change We Seek®

TerraCarbon seeks to support the development of new markets and market-based approaches that recognize the value of nature and provide incentives for its conservation. TerraCarbon’s approach is to partner with non-profit, government, academic, and private sector organizations to develop science-driven approaches for measuring environmental services and results-based financing structures that channel funds from users to providers of environmental services.

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What makes us a better company?

B Impact Report

Certified since: 

August 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.

39
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.

23
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).

N/A
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.

17
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.

12
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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Company Highlights: 

Workers: Lowest-paid worker paid more than 400% of the local living wage; company's wages increased by more than 15% in the past fiscal year; bonuses offered to all company employees; formal performance feedback includes written guidance for career development.

Environment: Company recycles paper, cardboard, plastic, glass & metal; over 75% of company printed materials use recycled paper; energy conservation measures implemented in company lighting and HVAC systems; more than 50% of company carbon emissions off-set; over 800,000 trees planted in the last fiscal year.

Miscellany: 

News

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