ECO2LIBRIUM

Emission reductions, carbon sequestration, job creation and consulting

Kakamega, Kakamega

Kenya

www.eco2librium.net

About ECO2LIBRIUM

ECO2LIBRIUM (ECO2) is a private company with operations in the Kakamega region of Western Kenya, Africa. To date, ECO2 has created over 400 jobs in an area known for staggering rates of unemployment. During the first four years of operations, ECO2 dedicated 85% of revenues to remain on the ground in Kenya. In partnership with Zurich-based Foundation myClimate, ECO2 continues to expand its operations throughout Western Kenya, setting up long-term employment opportunities by initiating conservation business activities that are overseen by a very capable senior staff, all of whom are local.

ECO2LIBRIUM became a B Corp at the recommendation of a friend and colleague (also a member of the B Corp community), who presented a compelling argument as to why: “…to potentially gain a strategic advantage in the process of becoming a more appealing company that is in need of attracting investment capital, as a B Corp official certification suggests the completion of a very rigorous and objective assessment of the company itself.”

The Change We Seek®

Abel Barasa, an early friend of ECO2LIBRIUM’s Executive Director, once said, “It’s difficult to conserve on an empty stomach.” A true sentiment, indeed, especially in one of the most densely populated and impoverished places on the planet, a place also home to one of the most vibrant, however threatened, ecosystems in the world. Barasa’s words became part of the fabric of ECO2’s mission, and to be successful ECO2 tailors each of its business models in a way to make certain that the conservation of natural resources is more appealing than the exploitation of natural resources. Toward this end, and before ECO2 implements any business activity—including replanting indigenous trees in degraded areas of the Kakamega Rainforest, installing fuel efficient stoves in households surrounding the rainforest, or offering micro-financing to local entrepreneurs—four key questions must be answered in the affirmative. Will the business activity create jobs? Will it conserve natural resources? Will it improve the livelihoods of the underserved? Will it make a profit that can be reinvested on the ground to continue its enterprises? Yes to all four questions is the change we seek.

What makes us a better company?

B Impact Report

Certified since: 

October 2014
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.

44
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).

46
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.

54
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.

14
6
Overall B Score
180
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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