More points for high quality carbon credits purchase

Social responsibility is very important to me, and I'm working towards B Corp certification after my first year of operation. I need to score at least 80 points on the B Impact Assessment to be certified, and I'm sharing my progress through the points for the sake of transparency and to keep myself accountable.

In my last post, I shared scoring an additional 18.95 points on DEI (for a grand total of 37.85 points).

Today, I’m sharing the points tentatively earned for purchasing 10 high quality carbon credits from the Uganda Gender Responsive Safe Water Project as part of my commitments to the SME Climate Hub and 1% for the Planet. More information on these commitments can be found here. My post on the Uganda Gender Responsive Safe Water Project can be found here.

Here’s a breakdown of the additional 12.36 points tentatively scored on the B Impact Assessment in relation to these carbon credits:

• 0.22 points for providing descriptions of my social and environmental programs and performance

• 0.22 points for voluntarily sharing social or environmental performance scorecards (see SME Climate Hub carbon footprint report)

• 0.22 points for publicly sharing specific, quantifiable social or environmental indicators or outcomes

• 0.22 points for setting public targets and sharing my progress to those targets

• 0.45 points for presenting information in a formal report that allows comparison to previous time periods

• 0.22 points for basing my reporting information/structure on a comprehensive third party standard (the carbon footprint report was created using the SME Climate Hub-endorsed Normative Business Carbon Calculator)*

• 2.59 points for donating 1% of my revenues to a charity

• 1.18 points for using a third-party screen (Gold Standard) to ensure that the recipient organization meets specific guidelines to qualify for donations

• 1.18 points for using a third-party screen (Gold Standard) to ensure that recipient organizations are efficiently allocating resources

• 1.18 points for defining the outcomes sought through my donations

• 0.59 points for confirming that my charitable contributions contributed to the desired outcome (verified by Gold Standard)

• 1.18 points for the desired outcome to have a verified positive impact on 100% of beneficiaries (verified by Gold Standard)

• 1.18 points for creating long-term or permanent outcomes for your beneficiaries (verified by Gold Standard)

• 0.15 points for being on Ontario’s energy grid, which draws between 25 and 49% of its energy from renewable sources

• 0.62 points for achieving carbon neutrality

• 1.0 points for eliminating hazardous waste

56.8 points down, another 23.2 to go!

-----------------

* The Business Carbon Calculator will be discontinued on January 31, 2025.