B Impact Report

Logo for The Good Pencil Company

The Good Pencil Company

High quality US Made pencils.
Certified Since: May, 2019
Location: Sandy, Utah, United States
Sector: Wholesale/Retail

Overall B Impact Scoreinfo_outline

104.8

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

www.thegoodpencilcompany.com

The Good Pencil Company started with the simple mission of providing “Pencils with Purpose” to those in need of writing tools to enhance their education. For each pencil purchased, we donate one to a school in need. However, our mission does not stop there. Since our conception as an Utah Public Benefit Corporation, The Good Pencil Company prioritizes giving back to the community and the environment through various efforts.

As a proud climate neutral company, we exemplify their commitment to the environment by working with organizations such as the Eden Reforestation Project and 1% for the Planet. To further this mission our products are ethically made out of eco-friendly materials. Through our efforts we also aim to educate consumers on the importance of giving back to those in need and protect the world around us. In addition to our emphasis on supporting education and the environment, certain packs of our pencils help support various causes, including equality, ocean cleanup, support for girls, food banks, fighting sexual assault, safe sanitation, STEM, and more. With giving back as an essential part of our business model we believe that our quality products can simultaneously benefit customers, the community, and the Earth. These really are pencils with purpose.

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.