B Impact Report

Logo for Low Carbon Limited

Low Carbon Limited

Renewable energy investment Renewable energy asset management
Certified Since: December, 2019
Location: London, London, United Kingdom
Sector: Service with Significant Environmental Footprint

Overall B Impact Scoreinfo_outline

97.0

The B Impact Scores are being compared against all businesses that have completed the B Impact Assessment

www.lowcarbon.com

A privately-owned UK investment and asset management company, Low Carbon is committed to making a positive and significant impact on the causes of climate change. In pursuit of a global low-carbon future through carbon emissions reduction, they leverage all current and emergent renewable technologies, managing assets on balance sheet for listed and unlisted third parties.

Their unique investment model embraces amongst others solar photovoltaic (PV), wind, waste to energy, battery storage and energy efficiency technologies. Enabling the investment of more than £500 million in capital, they’re committed to build capacity efficiently and cost-effectively. With a renewable energy pipeline of more than 2GW, they are well positioned to capitalise on opportunities as the need for renewable energy and energy security increases. To date, Low Carbon’s renewable energy investments generate sufficient clean energy to power more than 100,200 homes, saving in excess of 143,600 tonnes of CO2 each year.

Low Carbon’s dedicated Asset Management team manages more than 1GW of operating renewable energy assets for Low Carbon and other third parties.

Impact Area Scoresinfo_outline

info_outlineOverall B Impact Score

To certify as a B Corp, a company must achieve a minimum verified score of 80 points on the B Impact Assessment. The B Impact Assessment asks questions about how the day-to-day operations of a company create positive impact for the company’s workers, community, and environment. Additionally, companies can earn further points if their overall business model can be shown to create positive social and environmental impact as well, qualifying the company for specific Impact Business Model points.

Scores for Certified B Corporations are verified by the non-profit B Lab.

info_outlineImpact Area Scores

The questions in the B Impact Assessment are organized into five Impact Areas: Governance, Workers, Community, Environment, and Customers. Click into a Impact Area to see topics covered in each. Topics in blue are Impact Business Models associated with that Impact Area where the company has earned additional credit. Due to rounding, displayed totals may not add up exactly.

The B Impact Assessment is customized to a company's size, sector, and geographic market.  However, within those parameters, there are still questions included in the B Impact Assessment that might not be relevant to a particular company. In cases where a question is not applicable, the potential points available for that question are instead earned based on the performance of the company on the other topics relevant to the stakeholder and summed up as "N/A points." Likewise, a score of N/A for Workers means that the company is a sole proprietor or partnership with no full-time staff, and a score of 0 or N/A for Customers means that the company does not have a specific Customer-focused Impact Business Model.

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info_outlineBest for the World Honoree

Each year, B Lab releases lists honoring the top-performing Certified B Corps in each Impact Area and overall, broken down by size, on the annual Best for the World lists.

info_outlineAdditional Documentation

B Lab may determine that a company should make additional material beyond their B Impact Report transparent in order for the public to be able to evaluate the company’s overall impact. This additional transparency may cover participation in a controversial industry, information shared on the company’s Disclosure Questionnaire, or simply a company’s relationship to a larger complex entity. Public companies and wholly-owned subsidiaries are required to make their full B Impact Assessments transparent to achieve B Corp Certification.