Looptworks

Certified B Corporation
Headquarters

Oregon, United States

Certified Since

March 2014

Industry

Apparel

Sector

Manufacturing

Operates In

United States

Looptworks uses creative and resourceful thinking to transform excess materials into unique and meaningful products that change the way people think about consumption. They are paving the way for the circular economy and zero-waste solutions in retail.

Overall B Impact Score

Based on the B Impact assessment, Looptworks earned an overall score of 83.6. The median score for ordinary businesses who complete the assessment is currently 50.9.
83.6
83.6 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 15.1

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 & Engagement2.4
Ethics & Transparency2.7
+ 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 10.1

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 Security1.2
Health, Wellness, & Safety2.5
Career Development2.4
Engagement & Satisfaction3.8

Community 18.9

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, & Inclusion4.7
Economic Impact4.2
Civic Engagement & Giving1.3
Supply Chain Management5.3

Environment 34.8

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 Management2.7
Air & Climate9.1
Water1.3
Land & Life10.2
+ Resource Conservation10.9

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 4.5

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 Stewardship4.5


Previous Overall B Impact Scores

2023 Overall B Impact Score83.6
2018 Overall B Impact Score111.5
2016 Overall B Impact Score88
2016 Overall B Impact Score88.6
2014 Overall B Impact Score80.6

Additional Documentation

Looptworks.Transparent DQ_ Energy and Emissions Intensive industry 2023


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