IMPAQTO

Certified B Corporation
Headquarters

Pichincha Province, Ecuador

Certified Since

March 2016

Industry

Management consultant - for-profits

Sector

Service with Significant Environmental Footprint

Operates In

Ecuador

IMPAQTO is a social enterprise that works as a coworking space where events, training and workshops are conducted in order to facilitate and ease connections and collaboration among individuals and organizations seeking to have a positive impact with their projects or business involving social, cultural and environmental areas. Their mission is to promote and welcome change agents in Ecuador in order to convert their ideas into impact through social innovation. They believe in entrepreneurs committed to social impact and their differentiating ideas, that are designed for personal gain and also build a more friendly and productive society.

Overall B Impact Score

Based on the B Impact assessment, IMPAQTO earned an overall score of 98.1. The median score for ordinary businesses who complete the assessment is currently 50.9.
98.1
98.1 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 14.0

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 & Engagement1.5
Corporate Accountability2.1
Ethics0.0
Transparency2.9
+ 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 21.6

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.

Compensation & Wages5.8
Benefits7.2
Training & Education3.6
Worker Ownership1.1
Management & Worker Communication1.2
Human Rights & Labor Policy1.2
Occupational Health & Safety1.3

Community 25.6

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 Creation6.4
Diversity & Inclusion7.8
Civic Engagement & Giving1.2
Local Involvement8.0
Suppliers, Distributors & Product2.0

Environment 5.0

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, Plant2.6
Inputs1.3
Outputs0.5

Customers 31.8

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.

+ Impact Improvement30
+ Serving in Need Populations1.8

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

2019 Overall B Impact Score98.1
2016 Overall B Impact Score103.9

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: Customers2018
Best For The World: Customers2017

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