Renewal Funds

Social Venture Capital

Vancouver, British Columbia

Canada

www.renewalfunds.com

About Renewal Funds

Renewal Funds is one of the largest investors in the organic and natural food and green products sectors in North America in the early-growth stage. Their model is to deliver above market returns for their partners while creating positive change. Building upon two decades of experience in high-impact investing, Renewal focuses on underfunded sectors that are critical to a sustainable economy and looks for companies in the organic and natural food, green products and social and environmental innovation sectors. With $98 million under management, Renewal is focused on working with companies in its sectors and other high impact funders.

We became a B Corp to support the movement towards a transparent and robust community of triple bottom line businesses. Having standards such as those that B Corp companies comply with will provide a way to measure and account for the social and environmental impacts that these businesses have, track their success and help attract new capital to this space.

The Change We Seek®

Renewal Funds is dedicated to increasing capital towards the solutions economy and believes that impact investing is how the company will create substantive, meaningful shifts in consumer behaviour while impacting the environment and communities it serves.

What makes us a better company?

B Impact Report

Certified since: 

April 2010
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.

13
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.

34
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).

29
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.

32
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.

16
6
Overall B Score
123
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: 

Environment: >75% of corporate materials sourced from recycled or sustainable materials, majority of company-operated facilities are LEED certified or meet requirements of LEED certification

2014 Best for the World Overall Honoree

Miscellany: 

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