Lumo

Finance

La Rochelle, Nouvelle Aquitaine

France

www.lumo-france.com

About Lumo

Founded in 2012, Lumo is a crowdfunding platform dedicated to renewable energy projects.

Everybody can co-finance in a collaborative manner, giving meaning to their investment and delivering energy to their grid. With as little as 25 euros, people can help fund a variety of renewable energy projects.

Lumo is regulated by the French Financial Markets Authorities (AMF – Autorités des Marchés Financiers) as a ‘Conseiller en Investissements Participatifs.'

A big believer in Impact Investing since 2008, our co-founder Alex Raguet wanted Lumo to be a B Corp since day one. When the concept arrived in France in 2015, the team jumped on the opportunity.

Our B Corp label proves Lumo can be an efficient for-profit-company and help fight climate change at the same time. We are very proud to be part of a such a community

The Change We Seek®

Lumo wants to speed up the energy transition to renewable by using technology. Thanks to Lumo, everybody will be able to help fight against climate change.

What makes us a better company?

B Impact Report

Certified since: 

September 2015
Summary:

Company Score

Median Score*

Environment

Environment

The Environment section of the Assessment evaluates a company's environmental performance through its facilities; materials, resource, and energy use; and emissions. Where applicable, it also considers a company's transportation/distribution channels and environmental impact of its supply chain. This section also measures whether a company's products or services are designed to solve an environmental issue, including products that aid in the provision of renewable energy, conserve resources, reduce waste, promote land/wildlife conservation, prevent toxic/hazardous substance or pollution, or educate, measure, or consult to solve environmental problems.

7
7
Workers

Workers

The Worker section of the survey assesses the company's relationship with its workforce. This section measures how the company treats its workers through compensation, benefits, training, and ownership opportunities provided to workers. It also focuses on the overall work environment within the company through management/worker communication, job flexibility and corporate culture, and worker health and safety practices.

18
18
Customers

Customers

The Customers section of the Assessment measures the impact a company has on its customers. The section focuses on whether a company sells products or services that promote public benefit, and if those products/services are targeted towards serving underserved populations. Questions in this section will measure whether a company's product or service is designed to solve a social or environmental issue (e.g. improves health, preserves environment or creates economic opportunity to individuals or communities, promotes the arts/sciences, or increases the flow of capital to purpose-driven enterprises).

28
N/A
Community

Community

The Community section of the survey assesses a company's impact on its community. The Community section evaluates a company's supplier relations, diversity, and involvement in the local community. The section also measures the company's practices and policies around community service and charitable giving. In addition, this section includes if a company's product or service is designed to solve a social issue, including access to basic services, health, education, economic opportunity, arts, and increasing the flow of capital to purpose-driven enterprises.

19
17
Governance

Governance

The Governance section of the Assessment evaluates a company's accountability and transparency. The section focuses on the company's mission, stakeholder engagement, and overall transparency of the company's practices and policies.

15
6
Overall B Score
87
55

80 out of 200 is eligible for certification

*Of all businesses that have completed the B Impact Assessment

*Median scores will not add up to overall

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