New Resource Solutions recognized as a “Best For The World” B Corp for sustainability and environmental excellence
Athens, Ohio; September 4, 2019 – New Resource Solutions (“NRS”), a Certified B Corp, has been named a Best For The World honoree in recognition of their environmental performance and sustainable business practices. Ranking in the top 10% of all B Corps for their environmental and social responsibility, New Resource Solutions earned this honor through the Company’s tireless efforts to unlock affordable solar power for schools, municipalities, nonprofits and businesses unable to “go solar” through more traditional cash transactions.
“New Resource Solutions is democratizing solar across the United States,” says Marc Palmer, Managing Director for NRS. “Our business model promotes local development and jobs, bringing non-extractive investment capital into local economies. Local companies are essential to the proliferation of commercial-scale solar. We are grateful to be a Best For the World honoree and couldn’t have done this without our enthusiastic installer and investor partners.”
Best For The World recognition is administered by B Lab, the global nonprofit that certifies and supports Certified B Corporations, which are for-profit companies dedicated to using business as a force for good. Today there are 3,000 Certified B Corporations across 64 countries and 150 industries, unified by one common goal: to redefine success in business.
B Corps meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corp Certification doesn’t just evaluate a product or service, it assesses the overall positive impact of the company that stands behind it—like New Resource Solutions. Using the B Impact Assessment, B Lab evaluates how a company’s operations and business model impact its workers, community, environment, and customers. To achieve the B Corp Certification, a company must achieve a score of at least 80 points on the assessment.
“We’re incredibly proud of this year’s Best For The World honorees,” says Anthea Kelsick, Chief Marketing Officer of B Lab. “These inspiring companies represent the kinds of business models and impact-driven business strategies that are building a new economy—one that is inclusive, regenerative, and delivers value to all stakeholders, not just shareholders. To that end, B Corps like New Resource Solutions are redefining capitalism and showing that it actually can work for everyone.”
1,000 B Corps from 44 countries were named to the 2019 Best For The World lists, including Patagonia, Beautycounter, Dr. Bronner’s, TOMS, Seventh Generation, and Greyston Bakery. The 2019 Best For The World honorees are determined based on the verified B Impact Assessments of Certified B Corporations. The full lists are available on https://bcorporation.net/.
About New Resource Solutions:
New Resource Solutions (“NRS”) is disrupting the commercial solar market across the US. It solves the pain points of third-party ownership, or “PPAs”, for anchor community entities like schools, municipalities, nonprofits, and private companies by efficiently connecting trusted local solar installers with solar project investors. While most companies are only looking to do larger deals, NRS makes the medium and small ones financially attractive for all parties involved.
Contact: Marc Palmer; Managing Director
About B Lab:
B Lab is a nonprofit that serves a global movement of people using business as a force for good. B Lab’s initiatives include B Corp Certification, administration of the B Impact Management programs and software, and advocacy for governance structures like the benefit corporation. B Lab’s vision is of an inclusive and sustainable economy that creates a shared prosperity for all. To date, there are 3,000 Certified B Corps in over 150 industries and 64 countries, and over 50,000 companies use the B Impact Assessment. For more information, visit https://bcorporation.net/
B Lab Contact: Hannah Munger; Manager, PR & Communications; firstname.lastname@example.org; +1 212-608-4150