The Paradigm Project

Projects serving BoP

Monument, Colorado

United States

www.theparadigmproject.org

About The Paradigm Project

The Paradigm Project is a low-profit limited liability company (L3C) operating in cooperation with The Paradigm Foundation (a 501c3 not-for-profit organization) whose collective mission is to create sustainable economic, social and environmental value within developing world communities. To do this, Paradigm comes alongside well-established global relief and development organizations such as World Vision, the World Food Program, Food 4 The Hungry and others to help them identify, fund and develop scalable projects that meet immediate development needs while creating a foundation for long-term community benefit through the realization of project-related carbon revenues.

"We became a B Corp because it fit with our core strategy as a social enterprise and was an extension of our values and mission. It's helps identify us as a business seeking to implement positive change." Neil Bellefeuille, CEO

One example of this strategy is the alliance World Vision and The Paradigm Project have formed to develop large-scale efficient stove programs all around the globe. Efficient stoves preserve the environment, reduce poverty, increase quality of life for the poor and save lives. Because of their environmental benefits, efficient cookstoves can also generate carbon offsets which can be sold to create a stream of revenue that covers ongoing project costs and funds other community benefit projects.

Currently we are focused on programs in Kenya, Haiti and Guatemala, and have identified a pipeline of future projects in at least 7 other countries. Each project is developed as a sustainable business operated by local partners, monitored for sustainable social outcomes and connected to carbon offset revenue as a source of early-stage financing and ongoing revenue generation. In Haiti, Paradigm intends to work in cooperation with World Vision and the WFP to distribute efficient stoves to Internally Displaced Persons and local communities over the next 6 to 12 months and to pursue a long-term program which will distribute up to 500,000 stoves over the next 5 to 10 years.

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The Change We Seek®

The overarching goal of the Paradigm Project  is to empower participating communities with project ownership and a path to determining their own future. To do so, they combine donor funds, grants and low-interest loans with traditional investment vehicles to create unique public/private partnerships wherein everyone's contribution is amplified by the others' to the benefit of the participating communities. Grants and donations are treated as equity investments made on behalf of participating communities-so donors, in effect, purchase a share of project equity and financial return for community participants. The result is community-driven projects that become self-sustaining by funding their own existence and creating ongoing social, economic and environmental value.

The Paradigm Project: Neil Bellefeuille, CEO. 719-433-0639 Direct.

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What makes us a better company?

B Impact Report

Certified since: 

December 2010
Summary:

Company Score

Median Score*

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.

9
10
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.

20
22
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.

52
32
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.

54
9
Overall B Score
135
80

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: Health benefits extended to workers and their immediate family; Offers language and skills based training to employees

Community: Significant suppliers are screened for positive impact and negative practices; Works within the industry to develop or advocate for increased social and environmental standards

Environment: Conducts an internal assessment of company environmental impact as well as a 3rd-party environmental audit; Monitors waste product or green house gas emissions; Company buildings use energy saving strategies and systems for increasing water efficiency

2014 Best for the World Overall Honoree

2014 Best for the World Environment

Miscellany: 

Blogs

• Profit from the poor? Go»

Videos

• The Paradigm Project Go»