HumanForest has become an accredited B Corp after one year of operation with a high score of 98.5 points.
Out of the 1,600 B Corp UK certified businesses, HumanForest is just one of two micromobility companies to achieve this status. Beryl achieved B Corp status in October 2018. The minimum score required for certification is 80.
B Lab measures a company’s entire social and environmental impact. Becoming certified is a designation that a business is meeting high standards of verified performance, accountability and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials.
In a rigorous application process, HumanForest answered more than 300 questions across the five impact areas – community, customers, environment, governance and workers.
Caroline Seton, HumanForest’s Co-Founder, told Zag Daily that though the company “excelled in all areas”, the industry’s recycling of hardware and minimising waste is always going to be an area they can improve.
“One of the biggest challenges in a capital intensive industry like ours is how to extend the lifespan of the e-bikes through recycling and repurposing the parts,” said Seton.
“The e-bike’s modular design makes this easier, allowing us to replace specific parts that have reached the end of their useful life. However, this is an area where we are continuing to research and innovate to ensure that our carbon footprint is minimised.”
Since the companies launch last year, riders have completed more than 1.3m trips. 30% of these trips have replaced car journeys and users have avoided an estimated 220 tonnes of CO2 from being emitted into London’s air. Through its unique advertising platform, HumanForest users are given 10 minutes of free cycling a day which has led to high utilisation rates.
Agustin Guilisasti, CEO and Founder of HumanForest, said: “We are disrupting the shared micromobility industry in a responsible way, building a company that is a force for good in the communities where we operate.
“Becoming certified is a testament to the work our team continuously puts into this journey of becoming the most responsible version of ourselves.”