GRID

Certified B Corporation
Headquarters

County Dublin, Ireland

Certified Since

November 2023

Industry

Other credit - Developed Markets

Sector

Service with Minor Environmental Footprint

Operates In

Ireland,

Portugal

GRID was founded in 2013 with a belief and a passion. Our belief is that small and medium-sized businesses are the economy’s real powerhouses. Our mission is to help keep businesses open and growing. GRID takes a completely different approach. Our total focus is on providing quick and easy access to the capital, advice and tools SMEs need to grow and thrive. In our offices in Dublin and Limerick (Ireland) and Óbidos (Portugal), we understand the commitment that fuels every business. Understanding this, GRID is passionately committed to enabling the success of SMEs by offering the tools needed to remain open and thrive, whatever the challenges. GRID supplies working capital, analytics, and the strength of real people supporting SMEs ambitions every step of the way. By supporting SMEs we also support the employment that these businesses create, the service to their communities they provide and the boost they give the wider economy.

Overall B Impact Score

Based on the B Impact assessment, GRID earned an overall score of 127.9. The median score for ordinary businesses who complete the assessment is currently 50.9.
127.9
127.9 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 23.2

Governance evaluates a company's overall mission, engagement around its social/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 & Engagement5.3
Ethics & Transparency7.9
+ 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 35.8

Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & 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 Security12.7
Health, Wellness, & Safety10.5
Career Development6.0
Engagement & Satisfaction4.9

Community 20.2

Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & 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, & Inclusion4.4
Economic Impact8.3
Civic Engagement & Giving4.4
Supply Chain Management0.7

Environment 7.9

Environment 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 Management2.8
Air & Climate0.0
Water0.0
Land & Life1.0
+ Green Lending0.9

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 39.5

Customers 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 & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship3.6
+ Portfolio Reporting0
+ Targeted for Investment2
+ Leadership & Outreach0.5
+ Investment Criteria1.4
+ Portfolio Management6.3
+ Serving in Need Populations22.5

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.



Previous Overall B Impact Scores

2023 Overall B Impact Score127.9

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