What B Corp Means To Floreon.
“Recent attention on oil-based plastic production makes our B Corp™ certification a notable step and signals a shift towards greater accountability and transparency in the sector.
B Corp™ also sits well with our company ethos. We have both a social and environmental commitment to improve mass market plastic production by researching and developing durable PLA alternatives for the future of our planet. Our priority is to pave the way for a new way of doing things with plant-based plastic from halogen-free flame retardant PLA for electricals to durable, non-toxic grades for toys.”
Floreon Chairman, Shaun Chatterton
What B Corp Says.
“Being able to welcome Floreon to the B Corp community is hugely exciting.
Their commitment to doing business differently will be an inspiration to others and really help spread the idea that we can redefine success in business to be as much about people and planet as it is about profit”.
​Chris Turner, Executive Director of B Lab UK
Floreon Is Now Part of 4500 B Corps.
The B Corp community in the UK, representing a broad cross section of industries and sizes, comprises over 600 companies and include well- brands such as The Guardian, innocent, Patagonia, The Body Shop and organic food pioneers Abel & Cole. Floreon is proud to be part of this list.
Overall B Impact Score.
Based on the B Impact assessment, Floreon earned an overall score of 90.5. The median score for ordinary businesses who complete the assessment is currently 50.9.
90.5 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses
Governance
15.6
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.
Workers
29.9
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
18.3
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
24.6
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
2.0
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.