B Impact Report

Logo for Shanghai VSI Intelligent Technology Co. Ltd.

Shanghai VSI Intelligent Technology Co. Ltd.

Long-term Care Service Operator based on Smart Care Technology
Certified Since: May, 2019
Location: SHANGHAI, SHANGHAI, China
Sector: Service with Significant Environmental Footprint

Overall B Impact Scoreinfo_outline

103.4

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

www.izhaohu.com

Ai-Care is the very first smart care service company based on K-AID (Knowledge/Knowhow + Artificial Intelligence + IoT + Big Data) fusion technologies. With the full support of K-AID technologies, Ai-Care initiated the intellectualized All-inclusive Care Community(iACC), a groundbreaking aging-in-place elderly care model with its unique value proposition of “Pay for Performance”, which can provide all-weather smart care services for elders of all ages within communities for the whole care lifecycle.

So far, the iACC model and services of Ai-Care has successfully covered most parts of Shanghai, and launched in more than 15 cities across China, such as Hangzhou, Ningbo, Wuhan, Beijing, Jinan, Chongqing, Lanzhou, Chendu, Jinlin, etc. With its unique advantages of lower cost, remarkably effective achievements of services, friendly healthcare environments, a strong tie of family affection, and connecting everything with smart technologies, Ai-Care has become a leading brand in the field of intelligent elderly care in China. By the end of 2019, it has already reached into more than 300 communities and provided long-term care services for over 200,000 families in total.

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.