Hybrytec Solar

Certified B Corporation
Headquarters

Antioquia Department, Colombia

Certified Since

November 2012

Industry

Solar panel installation

Sector

Service with Significant Environmental Footprint

Operates In

Colombia

Hybrytec facilitates access to solar energy at all levels. They have executed important renewable energy projects during the past 12 years. Thanks to their clear purpose and specialized team of 40+ members in three regions of Colombia, they have opened the doors to new energies, with positive and transformative results: 260+ projects executed, 20+ MW installed and more than 60k people benefited with clean energy generation.

Overall B Impact Score

Based on the B Impact assessment, Hybrytec Solar earned an overall score of 156.1. The median score for ordinary businesses who complete the assessment is currently 50.9.
156.1
156.1 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 12.7

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 & Engagement0.6
Corporate Accountability1.6
Ethics1.9
Transparency2.3
+ Mission Locked6.3

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.


Workers 24.0

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.

Compensation & Wages9.3
Benefits7.1
Training & Education2.1
Worker Ownership1.7
Management & Worker Communication1.1
Human Rights & Labor Policy0.6
Occupational Health & Safety2.0

Community 33.8

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.

Job Creation1.3
Diversity & Inclusion0.7
Civic Engagement & Giving3.4
Local Involvement0.0
Suppliers, Distributors & Product8.9
+ Microdistribution Poverty Alleviation19.4

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.


Environment 43.8

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.

Land, Office, Plant2.1
Inputs8.0
Outputs6.2
Transportation, Distribution & Suppliers2.8
+ Environment Products & Services Introduction0
+ Renewable or Cleaner-burning Energy22.3

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.


Customers 41.8

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.

+ Basic Services for the Underserved16.5
+ Serving in Need Populations25.2

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

2017 Overall B Impact Score156.1
2015 Overall B Impact Score138.4
2012 Overall B Impact Score150.5

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: Environment2019
Best For The World: Overall2019
Best For The World: Changemakers2018
Best For The World: Customers2018
Best For The World: Environment2018
Best For The World: Overall2018
Best For The World: Overall2017
Best For The World: Overall2016
Best For The World: Overall2015
Best For The World: Community2014
Best For The World: Overall2014
Best For The World: Community2013
Best For The World: Overall2013

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