Spherics Technology Ltd

Certified B Corporation
Headquarters

City of Bristol, United Kingdom

Certified Since

March 2022

Industry

Software publishing and SaaS platforms

Sector

Service with Minor Environmental Footprint

Operates In

United Kingdom

Spherics is an award winning carbon accounting software, based in the UK. We provide: - Automated & accurate measurement of emissions, in real-time, - Sub-sector specific carbon reduction strategies - Audit-ready reporting, compliant with the GHG protocol, across all three scopes (1,2 and 3). We work with global companies to enable collaboration across complex value chains. Our calculation methodology and supplier engagement functionality goes beyond industry best practice to plot a true path to net zero.

Overall B Impact Score

Based on the B Impact assessment, Spherics Technology Ltd earned an overall score of 99.1. The median score for ordinary businesses who complete the assessment is currently 50.9.
99.1
99.1 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 20.1

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 & Engagement4.5
Ethics & Transparency5.5
+ 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 26.6

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 Security10.5
Health, Wellness, & Safety4.0
Career Development4.4
Engagement & Satisfaction6.8

Community 19.2

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, & Inclusion3.1
Economic Impact9.6
Civic Engagement & Giving2.1
Supply Chain Management3.1

Environment 29.4

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 Management3.9
Air & Climate5.6
Water0.3
Land & Life2.7
+ Environmental Education & Information15.8

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.


Customers 3.5

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 Stewardship3.5


Previous Overall B Impact Scores

2022 Overall B Impact Score99.1

Additional Documentation

Spherics Demo Deck_June 2021


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