B Impact Report

Logo for REPÚBLICA DEL CACAO

REPÚBLICA DEL CACAO

Chocolate for professional and retail use |Chocolate de uso profesional y retail
Certified Since: May, 2020
Location: Quito, Pichincha, Ecuador
Sector: Manufacturing

Overall B Impact Scoreinfo_outline

91.9

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

republicadelcacao.com

In República del Cacao they promote the sustainable development of fine Aroma Cacao in its origin to produce high-end Latin American chocolate. They are a local brand with global impact: their chocolate is produced locally with Latin American ingredients, they combine these high quality raw materials with the expertise of a trained team and the highest technology. Their commitment to the protection of Fine cocoa in their region and the farmer goes beyond buying at fair prices, but extends to technical support and the application of responsible farming practices, promoting the protection of native varieties of fine cocoa. . They focus on working in a direct alliance with supplier allies, eliminating intermediaries, managing projects that guarantee triple impact (social, environmental and economic) in their value chain. In this way they guarantee a chocolate of quality and traceability.

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.