InvestEco Capital Corp.

Certified B Corporation
Headquarters

Ontario, Canada

Certified Since

October 2013

Industry

Equity investing - Developed Markets

Sector

Service with Minor Environmental Footprint

Operates In

Canada

Formed in 1999, Investeco was Canada’s first environmental private equity manager, and now manages four environmentally-focussed private equity funds. These funds specialize in companies in sectors such as cleantech, sustainable agriculture and the bioeconomy. By investing in these sectors the funds are able to tap into the growing demand for environmentally superior products and services while helping mitigate environmental degradation. Investeco’s investment strategy is to acquire portfolio investments in what it believes to be exceptional companies operating in its chosen sectors. These investments are made in North American-based businesses that Investeco believes to have some or all of the following characteristics: environmental benefits, established revenues, strong growth prospects, excellent management and long-term competitive advantages, as well as the prospect of providing a profitable exit opportunity within 4 to 7 years from the date of initial investment. Although the funds have a preference for investing in already profitable companies, they sometimes invest in companies that are pre-revenue and/or not yet profitable.

Overall B Impact Score

Based on the B Impact assessment, InvestEco Capital Corp. earned an overall score of 85.0. The median score for ordinary businesses who complete the assessment is currently 50.9.
85
85 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 17.7

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 & Engagement3.9
Ethics & Transparency3.8
+ 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 26.9

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 Security11.9
Health, Wellness, & Safety8.0
Career Development0.9
Engagement & Satisfaction1.4

Community 9.7

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, & Inclusion1.3
Economic Impact4.2
Civic Engagement & Giving1.7
Supply Chain Management1.0

Environment 4.1

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 Management0.0
Air & Climate2.1
Water0.0
Land & Life1.7

Customers 26.3

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 Stewardship1.3
+ Mission Lock1.8
+ Past Performance4.6
+ Current Fund4.5
+ Positive Impact6.5
+ Portfolio Reporting3.6
+ Capacity Building3
+ 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

2022 Overall B Impact Score85
2018 Overall B Impact Score91.2
2015 Overall B Impact Score93.1
2013 Overall B Impact Score88

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