vvast
City of Bristol, United Kingdom
June 2024
Other info service activities
Service with Minor Environmental Footprint
United Kingdom
We build long term brand equity by leveraging exceptional teams and technology for the partner brands we work with. This is across direct to consumer (D2C) ecommerce, marketplaces and bricks and mortar stores. Crucially, we have assembled an amazing team of retail, tech and creative professionals and then given them a world class tech platform built on Shopify by the same team, called ‘vvastify’. By way of our vvastify SaaS technical platform and our lovingly crafted playbook we have an incredible vehicle to deliver our B corp objectives at global scale. Our 3 pillars of our B corp are set to reduce carbon output from the brand websites we run, deploy AI in ethical ways by consciously evaluating any perceived benefits via our AI committee and reduce product wastage by more effective full margin sales and product buying in the first instance to name many examples of how we plan to change the conversation around what growth in D2C looks like. We work with large listed US brand groups such as VF, YETI, Stance, Deus ex Machina, Troy Lee Designs, Seat to Summit and Super 73 to name a few, across Europe and ANZ. We are actively seeking other B corps, ideally brands, who want to not only accelerate their revenue but crucially their impact.
Overall B Impact Score
Governance 22.4
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 22.4
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.
Workers 33.0
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.
Community 21.7
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.
Environment 9.5
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.
Customers 3.6
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.