UBQ MATERIALS LTD

Certified B Corporation
Headquarters

TEL AVIV-JAFFA, Israel

Certified Since

August 2018

Industry

Other recycling

Sector

Manufacturing

Operates In

Israel,

Netherlands The,

United States

UBQ has developed a revolutionary solution that converts Residual Municipal Solid Waste (RMSW), destined for landfills, into the novel and patented UBQ Material. The mixed waste stream, including the organics fractions like food waste, garden trimmings, paper, cardboard, diapers, dirty plastics, as well as packaging materials are converted from seemingly heterogeneous waste streams into an entirely homogeneous material that can be used in existing plastic processing equipment. During the conversion process, the unsorted residual waste stream is reduced into many of its more basic natural components. At an almost molecular level, these natural components reconstitute themselves and bind together into a new composite material. The UBQ solution effectively enables industry to reuse wasted materials over and over again. By converting the waste into this commercially viable and valuable material, they provide the missing link between waste disposal through to new product manufacturing, transitioning from a linear extraction and consumption system to a truly circular economy. UBQ's industrial pilot is set in Israel with annual production capacity of 5,000 tons. Built as a modular and highly scaleable system, UBQ's production capacity can be readily scaled to meet growing demand.

Overall B Impact Score

Based on the B Impact assessment, UBQ MATERIALS LTD earned an overall score of 92.5. The median score for ordinary businesses who complete the assessment is currently 50.9.
92.5
92.5 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 9.2

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 & Engagement2.6
Corporate Accountability0.8
Ethics1.0
Transparency2.1
+ Mission Locked2.5

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 19.8

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.

Compensation & Wages2.8
Benefits10.5
Training & Education0.3
Worker Ownership0.8
Management & Worker Communication1.6
Job Flexibility/Corporate Culture2.1
Occupational Health & Safety0.8

Community 21.0

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.

Job Creation6.9
Diversity & Inclusion1.0
Civic Engagement & Giving6.6
Local Involvement2.1
Suppliers, Distributors & Product3.7

Environment 42.4

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.

Land, Office, Plant6.5
Inputs10.9
Outputs5.0
Transportation, Distribution & Suppliers3.9
+ Environment Products & Services Introduction0
+ Resource Conservation15.5

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.


Customers 0.0

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.



Previous Overall B Impact Scores

2018 Overall B Impact Score92.5

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: Environment2019

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