Happiness Capital

Certified B Corporation
Headquarters

Central and Western District, Hong Kong S.A.R.

Certified Since

December 2022

Industry

Equity investing - Developed Markets

Sector

Service with Minor Environmental Footprint

Operates In

Hong Kong S.A.R.

Happiness Capital is a global venture capital firm based in Hong Kong. Our mission is to make the world a happier place by investing in startups and VC funds that are committed to the same mission as ours. We aim to grow a Happiness ecosystem in which our invested companies and VC funds continue to co-create a happier world together with us.

Overall B Impact Score

Based on the B Impact assessment, Happiness Capital earned an overall score of 92.7. The median score for ordinary businesses who complete the assessment is currently 50.9.
92.7
92.7 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 13.7

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 & Engagement2.8
Ethics & Transparency3.4
+ Mission Locked7.5

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.


Workers 33.9

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 Security3.2
Health, Wellness, & Safety8.0
Career Development6.1
Engagement & Satisfaction7.6

Community 11.3

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, & Inclusion3.6
Economic Impact3.5
Civic Engagement & Giving2.7

Environment 6.8

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 Management0.4
Air & Climate3.8
Water0.2
Land & Life2.2

Customers 26.7

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 Stewardship3.7
+ Mission Lock0.9
+ Past Performance2.6
+ Current Fund1
+ Positive Impact9.5
+ Portfolio Reporting4.1
+ Capacity Building4
+ Fund Governance0.7

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 Score92.7

Additional Documentation

HAPPINESS CAPITAL - Transparent Assessment 2022


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