GMP Remains First and Only Electric Utility to Meet B Corp’s Strict Environmental, Social and Transparency Standards
COLCHESTER, Vt. – Green Mountain Power (GMP) announced it has earned recertification as a B Corp after a thorough review by B Lab to meet rigorous environmental, social and transparency standards while using business as a force for good. GMP was the first utility to earn B Corp certification in 2014, was recertified in 2017, and with this new recertification, it again joins B Corps businesses in Vermont and across the country who have committed to socially responsible business practices, including Patagonia and Ben & Jerry’s.
“GMP’s work with customers is continuing to lead the way in their industry. We’re thrilled GMP is once again recertified as a B Corporation, meeting the highest standards for social and environmental accountability and purpose in serving Vermonters,” said Becca Quirk, community engagement manager at B Lab U.S. & Canada. “B Corp certification signals to customers that a company no matter the industry operates in a way that supports healthy, equitable communities, and empowers people to help make positive change.”
Being socially responsible is in the DNA of many Vermont businesses, and the Green Mountain State is one of the top 10 in the country for B Corps per capita. There are a growing number of Vermont-based B Corps. As of 2021, there are 39 B Corps in Vermont, up from 21 when GMP was first certified in 2014 King Arthur Baking Company was a pioneer in this sustainable business model, first earning a B Corp certification in 2007. The company has worked with GMP to cut carbon and costs in its bakery operations, switching from fossil fuel to electric ovens in 2019.
“The B Corp community is strong in Vermont, and we seek opportunities to come together to use our collective businesses as a force for social and environmental good,” said Carey Underwood, director of mission partnerships at King Arthur Baking Company. “We’re here to make a difference and have a positive impact on people and the planet, making sure we leave the world better than we found it.”
B Corp noted GMP’s commitment to customers and clean energy – GMP’s energy supply is 100% carbon free and 68% renewable and will be 100% renewable by 2030. GMP is the only electric utility to earn B Corp Certification.
“Never before has the team at GMP been more motivated to serve Vermonters – our customers – with a much more resilient and equitable energy delivery system, enabling decarbonization in all aspects of their lives,” said Mari McClure, GMP’s president and CEO. “We’re so proud to work alongside the many other certified B Corps in Vermont who are industry leaders that inspire us to keep working together to make our state stronger.”
The 39 Certified B Corps in Vermont are:
The Alchemist, Bee’s Wrap, Ben and Jerry’s, Bluestone Life, Brattleboro Savings and Loan, Building Green, Burton, Business Culture Consultants, Cabot, Chroma, Clean Yield Asset Management, Driven Studio, Dunkiel Saunders, Encore Renewable Energy, Gardener’s Supply, Green Mountain Power, Greenvest, Groennfell Meadery, Hallam-ICS, Heritage Aviation, Image Outfitters, Image Relay, King Arthur Baking Company, KSV, Lake Champlain Chocolates, LineSync Architecture, Mamava, Merritt & Merritt, Morris Recruiting & Consulting, Native, New Chapter, Resonance, Rhino Foods, The Scott Farm, Seventh Generation, Suncommon, Ursa Major, Vermont Creamery, Westwood International
About Green Mountain Power
Green Mountain Power (GMP) serves approximately 266,000 residential and business customers in Vermont and is partnering with them to improve lives and transform communities. GMP is focused on a new way of doing business to meet the needs of customers with integrated energy services that help people use less energy and save money, while continuing to generate clean, cost-effective and reliable power in Vermont. GMP is the first utility in the world to get a B Corp certification, meeting rigorous social, environmental, accountability and transparency standards and committing to use business as a force for good. GMP earned a spot on Fast Company’s Most Innovative Companies in the World list four years in a row (2017, 2018, 2019, 2020). In 2021, the Smart Electric Power Alliance (SEPA) honored GMP as a nationwide leader in energy transformation, and in 2019 GMP earned the Deane C. Davis Outstanding Vermont Business of the Year Award from the Vermont Chamber of Commerce and Vermont Business Magazine.
Kristin Kelly, Green Mountain Power
GMP’s work with customers is continuing to lead the way in their industry. We’re thrilled GMP is once again recertified as a B Corporation, meeting the highest standards for social and environmental accountability and purpose in serving Vermonters.Becca Quirk, Community Engagement Manager at B Lab U.S. & Canada