TOMbag
New South Wales, Australia
April 2022
Rubber & plastics products
Wholesale/Retail
Australia,
Austria,
Belgium,
Brazil,
Bulgaria,
Canada,
China,
Croatia (Hrvatska),
Cyprus,
Czech Republic,
Denmark,
Estonia,
Fiji Islands,
Finland,
France,
Georgia,
Germany,
Greece,
Hong Kong S.A.R.,
Hungary,
Iceland,
India,
Ireland,
Israel,
Italy,
Latvia,
Lithuania,
Luxembourg,
Macau S.A.R.,
Maldives,
Mexico,
Morocco,
Netherlands The,
New Zealand,
Norway,
Philippines,
Poland,
Portugal,
Qatar,
Saudi Arabia,
Seychelles,
Singapore,
Slovakia,
South Africa,
Spain,
Sweden,
Switzerland,
Ukraine,
United Kingdom,
United States,
Vietnam
TOMbag is on a mission to rid the world of single-use garbage bags with their sustainable and reusable alternatives. TOMbag created the world’s first fully circular solution for waste disposal: their reusable garbage bags are made out of post-consumer waste using GRS certified recycled plastic and can be fully upcycled at the end of their life. TOMbag reusable garbage bags are designed to last, are easily washable and 100% waterproof. They can be used for all kinds of waste and occasions (general waste, recyclables and even compost - at home and at such occasions as camping). TOMbag also works with businesses providing them with different sizes of reusable garbage bags including custom-made solutions. TOMbag is committed to donate at least 3% of its revenues to charitable partners with an environmental focus. As a part of this commitment TOMbag plants a tree in Australia for each sale made via a partnership with One Tree Planted. TOMbag also contributes to the restoration of the Great Barrier Reef thanks to their partnership with the Great Barrier Reef Foundation.
Overall B Impact Score
Governance 9.3
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.
Governance 9.3
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.
Community 65.1
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.
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 30.4
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.
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 1.5
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.