Smart Plastic Technologies
Illinois, United States
December 2022
Rubber & plastics products
Wholesale/Retail
United Kingdom,
United States
As a closely held private company, our immediate goal is to build a financially strong and profitable operation. However, our mission far exceeds that simple goal. Smart Plastic Technologies is fully dedicated (financially, emotionally and work commitment) to bring to our planet solutions for true sustainability. While that word is politically popular and defined in numerous ways, ours is simple. To those of us at Smart Plastic, sustainability means to ensure that our planet and all of its inhabitants are gifted with a future rich with the fruits of a healthy, stable environment. From clean air to abundant fresh foods and water, medical advances that protect our health and technologies that defend us from those who may wish us harm. Simply put, it's our responsibility to make sure that future generations experience a lifestyle that is rewarded by our good decisions rather than suffers from our mistakes. Smart Plastic Technologies is fully dedicated to developing brilliant disruptive technologies that make plastic better. Make no mistake, plastic is a ubiquitous product. It is not going to simply go away. Our opportunity is to recognize the inherent problems which have accompanied this amazing product and solve them.
Overall B Impact Score
Governance 13.6
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Governance 13.6
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Workers 19.3
Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.
Community 15.3
Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.
Environment 29.8
Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Customers 3.7
Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.