Closed Loop Advisors announced today that it has become a Certified B Corporation. The sustainability management consulting firm completed B Corp’s rigorous assessment with an overall score of 96 points and a very high score in the Environment category.
“For us, becoming a Certified B Corp means more than meeting high standards, it’s about being part of a movement that is showing business can be successful while making decisions that are good for people and the planet,” said co-founder JD Capuano.
The B Corp Certification and its standards are significant because they integrate a company’s commitment to positive social and environmental impacts within their business practices.
This certification is important to Closed Loop Advisors because the company always holds itself to high measures of transparency, accountability and performance. The B Corp Assessment enables Closed Loop Advisors to evaluate its practices and policies to ensure they meet or exceed independently recognized standards.
“At Closed Loop Advisors, we help clients understand how sustainability integrates with their overall goals, partnering with them to add social and ecological value. B Corp certification allows us to demonstrate we meet or exceed the standards we recommend for our clients,” said Capuano. “Our team is thrilled to join the community of Certified B Corps committed to sustainable and conscientious growth.”
About Closed Loop Advisors
Closed Loop Advisors, led by Samuel Abbay and JD Capuano, simplifies sustainability by navigating organizations beyond short-term considerations towards the most responsible ways of conducting business.
As a boutique management consulting firm for sustainability, Closed Loop Advisors provides strategic and operational services that include environmental performance diagnosis, sustainability target setting (or recalibration), supply chain responsibility and efficiency, emissions reduction strategies and tactics, energy efficiency, sustainable office build-outs (including managing the LEED certification or Living Building Challenge Petal Recognition), water conservation and comprehensive waste efficiency.
The firm’s expertise spans sectors and numerous service and manufacturing industries. Clients include public, for-profit and non-profit organizations seeking forward-looking solutions.
About B Corp
Certified B Corporations meet rigorous standards of social and environmental performance, legally expand their corporate responsibilities to include consideration of stakeholder interests, and build collective voice through the power of the unifying B Corporation brand. As of July 2013, there are more than 780 Certified B Corporations from over 60 industries and 27 countries, representing a diverse multi-billion dollar marketplace.
About B Lab
B Lab is a nonprofit organization that serves a global movement to redefine success in business so that all companies compete not only to be the best in the world, but the best for the world. B Lab drives this systemic change through a number of interrelated initiative: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) passing legislation to accelerate growth of social entrepreneurship and impact investing (12 states have already passed benefit corporation legislation); 3) driving capital to high impact investments through the use of GIIRS Ratings and Analytics (more than 60 investors with over $3B in impact assets under management use GIIRS); and 4) providing free, powerful tools for businesses to measure, compare and improve their social and environmental performance (more than 7,000 businesses use B Lab’s free B Impact Assessment).
