The Redwoods Group

Certified B Corporation
Headquarters

North Carolina, United States

Certified Since

September 2009

Industry

Non-life insurance

Sector

Service with Minor Environmental Footprint

Operates In

United States

The Redwoods Group is a social enterprise using insuring and risk management solutions to make the world better.

Overall B Impact Score

Based on the B Impact assessment, The Redwoods Group earned an overall score of 104.3. The median score for ordinary businesses who complete the assessment is currently 50.9.
104.3
104.3 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 16.3

The Governance Impact Area evaluates a company's overall mission, engagement around its social and 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 & Engagement2.9
Ethics & Transparency5.9
+ Mission Locked7.5

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 34.3

The Workers Impact Area evaluates a company's contributions to its employees' financial security, health and safety, wellness, career development, as well as overall engagement and 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 Security15.3
Health, Wellness, & Safety7.2
Career Development5.6
Engagement & Satisfaction6.1

Community 15.2

The Community Impact Area evaluates a company's engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity, and 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, & Inclusion5.9
Economic Impact0.5
Civic Engagement & Giving7.5
Supply Chain Management0.7

Environment 8.1

The Environment Impact Area 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 Management4.9
Air & Climate1.1
Water0.3
Land & Life1.7

Customers 30.1

The Customers Impact Area 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 and media products, serving underserved customers or clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship3.7
+ Support for Underserved/Purpose Driven Enterprises13.3
+ Serving in Need Populations12.9

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.



Previous Overall B Impact Scores

2020 Overall B Impact Score104.3
2017 Overall B Impact Score96.9
2015 Overall B Impact Score95.7
2014 Overall B Impact Score102.2
2013 Overall B Impact Score111.9
2012 Overall B Impact Score113.9
2009 Overall B Impact Score107.3

Additional Documentation

The Redwoods Group Transparent Assessment

The Redwoods Group Transparent Assessment


Best for the World

Every year, B Lab recognizes the B Corps that have achieved the highest verified scores in the five impact areas evaluated on the B Impact Assessment.

Best For The World: Changemakers2019
Best For The World: Workers2014
Best For The World: Workers2013
Best For The World: Community2012
Best For The World: Overall2012

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