Caplor Energy is a familiar name in amongst the UK solar community having offered solar installations since 2007. From their rural base, the company announced it's certification as a B Corporation (or B Corp), joining a growing group of companies reinventing business by pursuing purpose as well as profit. Caplor Energy has been certified by B Lab, the not-for-profit behind the B Corp movement, as having met rigorous social and environmental standards which represent its commitment to goals outside of shareholder profit.
The B Corp certification addresses the entirety of a business’ operations and covers five key impact areas of Governance, Workers, Community, Environment and Customers. The certification process is rigorous, with applicants required to reach a benchmark score of over 80 while providing evidence of socially and environmentally responsible practices relating to energy supplies, waste and water use, worker compensation, diversity and corporate transparency. To complete the certification, the company will legally embed their commitment to purpose beyond profit in their company articles.
Caplor Energy is now part of a community of 6,279 businesses globally who have certified as B Corps. The B Corp community in the UK, representing a broad cross section of industries and sizes, comprises over 1,100 companies and include well-known brands such as The Guardian, innocent, Patagonia, The Body Shop and organic food pioneers Abel & Cole.
Chris Turner, Executive Director of B Lab UK says "This is a movement of companies who are committed to changing how business operates and believe business really can be a force for good. We know that Caplor Energy are going to be a fantastic addition to the community and will continue driving the conversation forward...". Chris continues: "Welcoming Caplor Energy is an exciting moment because they have an opportunity to lead the way within the renewable industry."
"This really is exciting news for us and we are so proud to join the B Corp certified community. B Corp really does align with our company values by meeting high standards of social and environmental performance, transparency and accountability." Neil Evans, Managing Director of Caplor Energy
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Photo credits: Caplor Energy
