B Impact Report

Logo for Wallaroo Hat Company

Wallaroo Hat Company

UPF 50+ fabric hats
Certified Since: November, 2014
Location: Boulder, Colorado, United States
Sector: Wholesale/Retail

Overall B Impact Scoreinfo_outline

81.1

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

www.wallaroohats.com

Wallaroo Hat Company, based in Boulder, Colorado was founded in 1991 by Stephanie Carter and Lenya Shore. Wallaroo prides itself on being a leader in the fashion-forward, sun protective hat industry, combining the latest fabrics and designs with maximum sun protection. Many of the hats in the Wallaroo Collection are rated UPF 50+ ensuring that the customer gets a 97.5% UV block from the sun's harmful rays. With the incidence of skin cancer on the rise nationally, sun protection is more important now than ever before. Wallaroo is actively involved with the Skin Cancer Foundation and many Wallaroo hats are recommended as an effective UV protectant.

To help further their corporate philosophy, several years ago Wallaroo started a Sun Protection Commitment campaign. Every year Wallaroo donates 1% of its profits to different organizations that undertake skin cancer research, prevention and education in the United States. Additionally, over the last 19 years, Wallaroo has made both financial and product donations to organizations such as the Melanoma Research Foundation, The Skin Cancer Research Foundation, The Colorado Melanoma Foundation and also participated in various events including Mallets for Melanoma, Miles for Melanoma among others.

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.