Spring & Impact

Spring is a Certified B Corp™

Our mission of making impact entrepreneurship mainstream is in line with the B-Corporation mandate of redefining successful businesses and inspiring organisations to not only be the best in but for the world. Thus in September 2017, we became a Certified B Corporation®. There are over 2,650 Certified B Corporations from more than 150 industries in 60+ countries.

Spring was certified by the non-profit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. We’ve evaluated how our practices impact our employees, our community, the environment, and our customers. To learn more about our certification, check out our B Corp profile.

Our Impact Report

In September 2018, we released our inaugural impact report, outlining our approach on impact measurement for us an organisation and how we articulate the impact of the ventures we support.

For our internal impact as an organisation, we highlight our certification as a B Corporation® and B Impact Score of 94, which we achieved in 2017. Being a Certified B Corp™ is essentially the business equivalent of Fairtrade and Organic products, showing how we adopt successful and sustainable business practices.

Spring is a 1% for the Planet Member

As members of 1% for the Planet, we give one percent of our gross revenue and provide in-kind consultations to environmental not-for-profits.

Taking this step was a natural choice for us at Spring. Being based in Vancouver, we are lucky to have both the mountains and the ocean at our doorstep, reminding us every day of how important it is to thrive in balance with the natural world.

The environment is both our playground and our support system, and as such it’s our duty to give back and protect it. 1% for the Planet membership gives us both a means to do so and a platform to bring awareness to what we care about and what allows us and our community to do impactful work.

Meet Our 1% For the Planet Partner

In 2019, we partnered with Taking Root, an award-winning reforestation not-for-profit on a mission to tackle climate change and poverty.

They work with farming families in Latin America to grow forests on previously underused land. Taking Root’s unique impact comes from its belief that for reforestation to be a successful solution to tackle climate change, trees have to benefit and be valuable to local communities. TakingRoot’s Communitree programme is built around putting the needs of the farmers it works with first, helping them grow native tree species to create sustainable livelihoods from forest-based enterprises.

Taking Root’s forests are creating financial resilience for over 1,500 farming families traditionally earning only $2 a day, regenerating biodiverse habitats an area equivalent to over 7,000 football fields and storing over 900,000 tonnes of CO₂.

Through our partnership, we donate 1% of our revenue and share our know-how by providing in-kind consultations.

Spring Works Towards the UN Sustainable Development Goals

We also aligned with the UN Sustainable Development Goals (SDGs) that are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity.

We primarily contribute towards SDG4: Quality Education, and then towards SDG10: Reduced Inequality, and SDG8: Decent Work and Economic Growth.

For the companies we support, we further built on the UN SDG framework and developed our Impact Theme Framework, by canvassing out 75 Impact Themes. This helped us capture the spectrum of impact areas undertaken by our community. The chart below shows the SDG scope of our current portfolio of roundtable companies. In general, each of the companies in our roundtables are supporting at least 2 or more of the SDGs.