Green Business Certification Inc

What it reported doing in 2024

True (total resource use and efficiency) - true is a certification program dedicated to measuring, improving and recognizing zero waste performance by encouraging the adoption of sustainable resource management and waste reduction practices which contribute to positive environmental, health and economic outcomes. True is designed to help guide the transition to a circular economy by supporting businesses and communities in re-thinking old assumptions and re-designing processes to ensure that all resources are valued for their highest and best use. A true certified project's goal is to divert all solid waste from the landfill, incineration and the environment. Facilities achieve certification by meeting an average of 90% or greater overall waste diversion over a period of 12 months, as well as implementing a series of credits and minimum program requirements. Edge - an innovation of ifc, a member of the world bank group, edge is a green building certification system focused on making buildings in emerging markets more resource-efficient. It empowers developers and builders to quickly identify the most cost-effective ways to reduce energy use, water use and embodied energy in materials. Edge empowers emerging markets to scale up resource-efficient buildings in a fast, easy and affordable way. Gbci administers edge certification in over 140 countries around the world. Sites - gbci administers the sustainable sites initiative (sites)-a comprehensive rating system (sites) designed to distinguish sustainable landscapes, measure their performance, and ultimately elevate the value of landscapes. The rating system can be applied to development projects located on sites with or without buildings, ranging from national parks to corporate campuses, streetscapes and homes. By supporting the development of healthy, thriving communities and neighborhoods, sites drives sustainability efforts beyond the building. The investor confidence project (icp) - gbci administers the investor confidence project (icp), and its investor ready energy efficiency certification (iree). Icp is a global underwriting standard for developing and measuring energy efficiency retrofits for commercial and multifamily residential buildings. Through its iree certification, icp aims to standardize energy efficiency upgrades and transform the energy efficiency market by increasing confidence in the financial and environmental performance of building retrofits. By only certifying projects that adhere to rigorous standards and best practices, icp reduces risk for investors and lowers transaction costs for buyers and sellers of energy efficiency. Sustainability excellence credentials (formerly issp credentials) the sustainability excellence associate (sea) and sustainability excellence professional (sep) credentials recognize individuals dedicated to making the world a more sustainable place - economically, socially, and environmentally. The sea is designed for emerging sustainability professionals, including students, recent graduates or professionals looking to incorporate sustainability concepts into their career. The sep designates an individual who has extensive experience in sustainability and who can demonstrate professional excellence in the field. Earning an issp credential demonstrates that a person has the skills and knowledge to plan, implement and evaluate the integration of sustainability into organizational culture and practices and is abreast of current issues, tools and techniques. The credentials were originally developed by the international society of sustainability professionals (issp) and are currently owned and administered by gbci. Peer - gbci administers peer, or performance excellence in electricity renewal-a comprehensive, consumer-centric, data-driven rating system for measuring and improving power system performance and electricity infrastructure. The peer rating system serves as a tool to accelerate transformation of the electricity sector. Peer

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: Scored; rating input score 0
• Major donor itemization: Limited
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 8%; rating input score 67; 67th percentile among comparable filings
• Total-asset coverage ratio: 2.09; rating input score 65; 65th percentile among comparable filings
• Liabilities to assets ratio: 0.62; rating input score 27; 27th percentile among comparable filings
• Officer compensation ratio: 4.7%; rating input score 19; 19th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: 4.5% per year; rating input score 100; 37th percentile among comparable filings
• Asset growth: 16.7% per year; rating input score 100; 89th percentile among comparable filings