SwapThis Holding
North Holland, Netherlands The
September 2022
Rent/lease: other goods
Service with Significant Environmental Footprint
Austria,
Belgium,
Denmark,
France,
Germany,
Italy,
Netherlands The,
Spain,
United Kingdom
Swapfiets is the world’s first ‘bicycle as a service’ company based on a circular business model. Founded in 2014 in the Netherlands, the scale-up quickly grew into one of the leading providers of micro mobility in Europe, with more than 280,000 members in the Netherlands, Germany, Belgium, Denmark, France, Italy and the United Kingdom. In the spring of 2021, Swapfiets also started in Spain (Barcelona), Austria (Vienna) and Lyon, Nantes, Strasbourg and Toulouse (France). Swapfiets strives for more liveable European cities, a 100% circular product line and wants to be climate neutral by 2025. In October 2022, Swapfiets officially joined the B Corp community to strengthen their mission. The concept of Swapfiets is quite simple: Swapfiets members have an always-working bicycle for a fixed monthly fee. In case an unexpected problem occurs, the bicycle will be repaired or replaced immediately within 48 hours at no extra cost.
Overall B Impact Score
Governance 12.0
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 12.0
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 18.1
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 15.1
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 27.1
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 9.1
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.
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.