B Lab is a nonprofit organization dedicated to using the power of business to solve social and environmental problems.
©Copyright 2012 B Lab. All rights reservedAbout New Avenue
New Avenue is the nation's first full service firm that designs, finances and builds small homes and backyard cottages.
New Avenue is dedicated to long term financial, environmental and social sustainability and as a B Corp we can both maintain our own mission and affiliate with similar companies.
The Change We Seek®
We want to change the way people live. For more than 50 years we have been moving away from each other and sprawling across suburban tracts. Now the direction is shifting and people - both seniors and people in their 20s and 30s are seeking smaller and better homes in walkable communities. We aim to be the platform that brings this new way of creating housing to our existing communities.
New Avenue
- Industry: Real Estate Development
- Product/Services: Sustainable Housing
- Location: Berkeley, CA
- Ownership: Private
- http://www.newavenuehomes.com
Summary:
Certified: January 2011| Points Earned | % Points Available | |
|---|---|---|
| Accountability » | 10 | 100% |
| Employees » | 32.3 | 72% |
| Consumers » | 34.9 | 62% |
| Community » | 55.2 | 74% |
| Environment » | 16.5 | 83% |
| Composite B Score | 148.9 |
- >80 out of 200 is eligible for certification
- >60% points available = Area of excellence
Highlights:
From B Impact AssessmentEmployees: >80% of health insurance costs covered for workers and families; Living wage paid to all employees; 4+ weeks annual leave
Community: >61% of employees from low-income communities; >60% of Significant Suppliers are independent and local; >30% of suppliers located in low-income communities; >5% of profits donated to charity; 60% of Significant Suppliers have a third-party social/environmental certification; Banks with a local institution and Certified B Corp, New Resource Bank
Environment: >75% of office supplies from recycled/sustainable materials; Harvests rainwater; >5% renewable energy; Monitor energy and water performance at all completed projects