Neotech Products
California, United States
July 2020
Medical & dental supplies
Manufacturing
United States
Neotech has been manufacturing innovative medical products since 1987. Products that make a difference in the quality of treatment for neonatal and pediatric patients, their parents, and the clinicians who attend to them. Their mission is to produce high-quality medical products—manufactured to the highest industry standards—that Make a Difference in the quality of treatment for medically fragile neonates and children, and the caregivers who treat them. Neotech products are used in the NICU, the PICU, children’s oncology, the home health market, and more. They understand that the quality of products used for these patients is of the utmost importance to clinicians. That’s why they’re proud to say that most Neotech products are made in the United States and all products are sourced in North America. They believe that manufacturing products in the U.S. is good for the economy and benefits customers and patients alike. They comply to strict FDA and ISO standards. They are proud to be a Certified B Corporation. The B Corp movement aligns perfectly with Neotech’s core values.
Overall B Impact Score
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.
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 19.2
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.
Community 14.0
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.
Environment 9.1
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.
Customers 31.7
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.
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.