NAVA Real Estate Development

Certified B Corporation
Headquarters

Colorado, United States

Certified Since

March 2015

Industry

Real estate development

Sector

Service with Significant Environmental Footprint

Operates In

United States

NAVA Real Estate Development (“NAVA”) is a real estate investment and development company founded in 2013. NAVA strives to develop architecturally significant buildings in prime locations that blend quality, function and design. The name NAVA comes from a Hebrew word meaning “beautiful,” and NAVA is committed to building communities that positively impact people’s lives and prioritize wellness. The firm is built on the belief that functional and healthy spaces yield meaningful economic and social benefits. NAVA is proud to work with the best teams, resources, and technology to help ensure the greatest economic, social, and environmental success for our participants and communities. In 2020, NAVA completed Lakehouse, Colorado’s first WELL Gold Certified community. Lakehouse was named “Innovative Development of the Year” at the NAIOP Colorado’s Annual Awards of Achievement and “Best Health & Wellness Design Solution” at the PCBC Gold Nugget Awards.

Overall B Impact Score

Based on the B Impact assessment, NAVA Real Estate Development earned an overall score of 101.2. The median score for ordinary businesses who complete the assessment is currently 50.9.
101.2
101.2 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 13.7

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 & Engagement1.9
Ethics & Transparency1.7
+ 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 23.5

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 Security10.6
Health, Wellness, & Safety1.6
Career Development2.7
Engagement & Satisfaction5.5

Community 13.3

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, & Inclusion0.5
Economic Impact3.7
Civic Engagement & Giving5.0
Supply Chain Management1.8

Environment 47.4

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 Management3.3
Air & Climate1.9
Water3.0
Land & Life3.9
+ Training & Collaboration4.6
+ Community18.1
+ Certification0
+ Material & Energy Use6.6

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 3.1

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 Stewardship3.1


Previous Overall B Impact Scores

2023 Overall B Impact Score101.2
2020 Overall B Impact Score97.4
2017 Overall B Impact Score83
2015 Overall B Impact Score83.9

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