The Pad Silverthorne

Certified B Corporation
Headquarters

Colorado, United States

Certified Since

August 2023

Industry

Accommodation

Sector

Service with Significant Environmental Footprint

Operates In

United States

he PAD is a boutique hotel and hostel located in the heart of Summit County. They place a strong emphasis on social lodging, offering unique and affordable accommodations to travelers who want to experience the many activities that define mountain culture. The PAD is also a place for the local community, hosting weekly and special events, many of which benefit local non profit organizations. Being able to bridge this gap between traveler and local, providing a space where everyone feels free to bring their most authentic self, is at the core of The PAD's mission. From its conception, the business has pushed boundaries with their triple bottom line: people, planet and profit. They recently celebrated being named Summit County's first B Corporation certified business, joining the ranks of brands like Cotopaxi, Patagonia and Thrive Market after over a year of intense documentation and development into the most sustainable practices for the business, staff and community.

Overall B Impact Score

Based on the B Impact assessment, The Pad Silverthorne earned an overall score of 116.5. The median score for ordinary businesses who complete the assessment is currently 50.9.
116.5
116.5 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 18.8

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 & Transparency4.8
+ 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 26.5

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 Security9.4
Health, Wellness, & Safety6.8
Career Development4.3
Engagement & Satisfaction5.5

Community 42.5

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, & Inclusion9.3
Economic Impact6.6
Civic Engagement & Giving3.2
Supply Chain Management9.7
+ Local Economic Development13.6

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.


Environment 26.3

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 Management2.0
Air & Climate3.5
Water2.6
Land & Life3.4

Customers 2.3

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 Stewardship2.3


Previous Overall B Impact Scores

2023 Overall B Impact Score116.5

Additional Documentation

The Pad_Disclosure Report_2023


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