Perch Energy, a clean energy technology platform and community solar servicer that connects solar developers with consumers, announced that it has become a Certified B Corporation, demonstrating its commitment to expanding access to renewable energy for renters, homeowners, businesses and governmental entities.
B Corporations are certified by the non-profit organization B Lab, which requires rigorous standards of social and environmental performance, accountability and transparency. This certification reaffirms Perch’s fundamental commitment to values-driven business practices as it expands and accelerates the shift to clean and renewable energy through the deployment of community solar. Community solar projects are built locally, connected directly to the utility grid and allow everyone to access the cost-savings of solar power while supporting a carbon-free future.
“We are committed and passionate about accelerating access to renewable energy solutions like community solar that also make it simple and easy for consumers to achieve tangible energy savings,” said Perch CEO and President Bruce Stewart. “Our company takes pride in filling this dual role of clean energy access and electricity bill savings and holds these values as our North Star. It’s reflected in how we do business—inclusive of our employees, our customers, and our partnerships. Achieving B Corp Certification is a testament to this, and we are proud to stand alongside like-minded organizations who are in the business of being forces for good.”
To gain its B Corp Certification, Perch’s environmental and social practices and policies were assessed in five areas: workers, customers, suppliers, community and the environment. Perch was awarded an overall impact score of 93.4, far exceeding the 50.9 median score of businesses undergoing the assessment as well as the 80.0 threshold for B Corp Certification.
“At Perch, our strength lies in our people,” said Stewart. “Our diversity in ideas and equity-based work is a reflection of our core values. We’re encouraged to see these values recognized in our B Corp Certification and impact score, and we’re continually driven by the chance to align as a team to place our customers and our planet first.”
Another driving force in its B Corp score was Perch’s advocacy and participation in legislative and regulatory proceedings to support the expansion of clean energy options, like community solar, for consumers of all economic backgrounds. Perch’s efforts extend to maximizing social and economic benefits for low- and moderate-income consumers and residents of disadvantaged communities. Perch’s robust employee benefits, significant equity options and opportunities for career growth have all been reflected in the overall impact score, in addition to the thousands of dollars and ample time spent volunteering and contributing to charitable causes.
As of January 2024, Perch provides acquisition and management services for more than 150 active community solar projects owned by developers and asset owners throughout the Northeast, Mid-Atlantic, and Midwest.
(Photo: Business Wire)
