Wood for Good
South Australia, Australia
September 2022
Wood & wood products
Manufacturing
Australia
Wood for Good is a social enterprise that recycles and re-purposes wood from worksites and gives it a second life. Wood for Good has a commitment to donate at least 20% of their profits to a range of local and international charities however to date, has donated 100% of profits each year since launching in 2014. Wood for Good is part of the Project Green Group (PGG), along with its sister organisations Project Green Consulting and Austral Tree Services. Together, the Project Green Group companies are focused on preserving and regenerating nature through a range of initiatives including green asset mapping and management, nature education programs and vegetation consulting. Passionate advocates for the principles of the Circular Economy, Wood for Good re-purposes all suitable wood harvested from PGG’s tree removal products, which is then processed into a range of firewood products and animal homes. They also provide in-kind donations of sawdust and woodchips to the Botanical Gardens and local schools. Wood for Good also aims to enhance social inclusion, and have established an Indigenous employee program to provide an opportunity to work in the Wood for Good enterprise.
Overall B Impact Score
Governance 15.8
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.
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 15.8
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.
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 60.0
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 6.8
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 1.3
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.