Conscience Bay Company LLC

Certified B Corporation
Headquarters

Colorado, United States

Certified Since

December 2016

Industry

Real estate development

Sector

Service with Significant Environmental Footprint

Operates In

United States

Website

Conscience Bay Company LLC (“CBC”) is a private equity firm that invests in agricultural land, water resources, and commercial real estate in Colorado. They implement a diversified real assets investment strategy in a region of rapid growth. Portfolios include asset types such as apartments, office, industrial, water resources and agricultural land. CBC’s principals have over four decades of experience investing in Colorado and have unparalleled local expertise, giving them a competitive advantage in sourcing, evaluating and executing transactions in the region. CBC is committed to its investors, the community and the natural environment. Through improvements at each property they acquire, CBC continually cuts carbon emissions and resource use in the commercial sector; installs renewable energy systems; implements creative solutions for water conservation and allocation; and engages in sustainable agricultural practices. CBC has found that these investments increase profits, add enduring value to their properties and benefit the community socially and environmentally.

Overall B Impact Score

Based on the B Impact assessment, Conscience Bay Company LLC earned an overall score of 83.9. The median score for ordinary businesses who complete the assessment is currently 50.9.
83.9
83.9 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 14.1

The Governance Impact Area evaluates a company's overall mission, engagement around its social and environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement1.8
Ethics & Transparency2.2
+ Mission Locked10

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Workers 21.9

The Workers Impact Area evaluates a company's contributions to its employees' financial security, health and safety, wellness, career development, as well as overall engagement and satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Financial Security7.1
Health, Wellness, & Safety6.1
Career Development3.8
Engagement & Satisfaction2.7

Community 19.4

The Community Impact Area evaluates a company's engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity, and inclusion; economic impact; civic engagement; charitable giving; and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Diversity, Equity, & Inclusion3.7
Economic Impact3.2
Civic Engagement & Giving7.6
Supply Chain Management1.7

Environment 27.2

The Environment Impact Area evaluates a company's overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company's operations and, when applicable, its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Environmental Management2.0
Air & Climate2.1
Water1.6
Land & Life2.2
+ Training & Collaboration2
+ Community3.3
+ Certification1
+ Material & Energy Use2.5

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Customers 1.0

The Customers Impact Area evaluates a company's stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts and media products, serving underserved customers or clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship1.0


Previous Overall B Impact Scores

2020 Overall B Impact Score83.9
2016 Overall B Impact Score84

Best for the World

Every year, B Lab recognizes the B Corps that have achieved the highest verified scores in the five impact areas evaluated on the B Impact Assessment.

Best For The World: Governance2019
Best For The World: Governance2018
Best For The World: Governance2017

B Labs Logo - Home Link

Sign up to our Insights newsletter, a monthly digest of the latest news on economic systems change from B Lab Global.

We take the security of your data seriously, read our privacy policy for further information. For newsletter communications relating to your local region, please visit Global Partner sites to subscribe.

Copyright © 2022 B Lab. All rights reserved.