GeCo

Certified B Corporation
Headquarters

Santiago Metropolitan Region, Chile

Certified Since

August 2014

Industry

Management consultant - for-profits

Sector

Service with Minor Environmental Footprint

Operates In

Chile

Geco is a Think & Do company that is focused on unlocking the potential businesses have to achieve local sustainable development. They do this with two ways. The first is co-creating with their clients the community strategies and relation programs in place. Geco works on initiatives that create trust to build associative and collaborative relationships; develop opportunities to maximize the positive impact of business by promoting local development, and manage social investment through sustainable projects and social impact. The second course is through developing GeCo projects and partnership initiatives that add value for all the involved parts by incorporating the base of the pyramid to the business value chain. One example of this is the case of the development of a maqui nectar "Newen Maqui " that was implemented with local harvesting communities, private companies, and the public sector. Today this is a product that, in addition to be beneficial to the environment and consumers, returns part of the profitability to communities. For more information, visit www.newenmaqui.cl.

Overall B Impact Score

Based on the B Impact assessment, GeCo earned an overall score of 107.6. The median score for ordinary businesses who complete the assessment is currently 50.9.
107.6
107.6 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 17.6

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.

Mission & Engagement2.1
Ethics & Transparency5.5
+ 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 23.1

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 Security1.9
Health, Wellness, & Safety9.0
Career Development4.6
Engagement & Satisfaction2.0

Community 18.2

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.

Diversity, Equity, & Inclusion4.4
Economic Impact10.0
Civic Engagement & Giving0.8
Supply Chain Management0.6

Environment 7.0

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.

Environmental Management2.4
Air & Climate1.2
Water0.7
Land & Life2.2

Customers 41.5

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.

Customer Stewardship3.8
+ Impact Improvement19.3
+ Serving in Need Populations18.3

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.



Previous Overall B Impact Scores

2021 Overall B Impact Score107.6
2017 Overall B Impact Score115.1
2014 Overall B Impact Score153.2

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: Changemakers2019
Best For The World: Customers2019
Best For The World: Overall2019
Best For The World: Changemakers2018
Best For The World: Customers2018
Best For The World: Changemakers2017
Best For The World: Customers2016
Best For The World: Overall2016

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