10Power, a certified Benefit Corporation since April 2019, has been recognized a Best for the World Environment 2019 honoree in recognition of the firm’s sustainable business practices.
10Power is a social impact enterprise working with local partners to develop and finance commercial-scale solar projects. It is a core belief of the company that renewable energy is essential to provide clean water, gender empowerment, livelihood improvement, education and technology. 10Power seeks to provide renewable energy to the 1 billion people in the world living without electricity.
To become a certified B Corp, a company must score at least an 80 on an assessment administered by B Labs. B Labs is a global non-profit organization working to redefine success in business so that “companies compete not only to be the best in the world, but to be best for the world.” The assessment they administer measures a company’s impact across four categories: governance, workers, community, and environment. Over 5,000 companies have completed the full B Impact Assessment and approximately 900 have earned B Corp certification. 10Power achieved a 107.9 placing at the top 10% impactful companies on the planet.