Virtus Energy

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Sustainability Summary

  • This is an unclaimed profile. Virtus Energy has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.
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Virtus Energy Sustainability Profile

Sustainability Summary

  • This is an unclaimed profile. Virtus Energy has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.
Powered by Tracker AI BETA; there may be errors

What do our labels mean?

Certified B Corporation Logo

Certified B Corporation

 
Virtus Energy Limited is an electric vehicle-charging infrastructure installation company. The available sustainability-related information shows the business has focused on B Corp certification, ESG assessment, and operational improvements linked to social and environmental performance. In June 2021, the board revealed its intention to become a B Corp-certified company and appointed a Director of Strategy and Sustainability. The company completed the B Impact Assessment, reviewed the results with its leadership team, developed an action plan, and implemented some measures with others due to follow. Virtus Energy is also involved in the CIRCUBATT project, which focuses on circular economy innovations for battery technologies and end-of-life recycling.

About Virtus Energy

  • Status
  • Unverified
  • Employees
  • 5 - 25
  • Country
  • United Kingdom

Virtus Energy Services

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Virtus Energy provides sustainable supply chain and procurement solutions by integrating eco-friendly practices into their comprehensive EV charging solutions. They collaborate with manufacturers and offer consultancy services to help businesses and individuals adopt sustainable initiatives, ensuring environmentally responsible procurement and supply chain management.

Serviceable Locations: United Kingdom

Virtus Energy Sustainability Actions

B Corp certification process

In June 2021, the company’s board of directors revealed its intention to become a B Corp-certified company and appointed a Director of Strategy and Sustainability. The Board wanted to ensure the company was doing things right from the beginning and reviewed a variety of certification schemes before selecting B Corp due to its rigorous process and reputation.

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Completed the initial BIA

Step 2: The company’s Director of Strategy and Sustainability and Chairman completed the initial BIA.

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Reviewed impact results

Step 3: The results of the initial BIA and Impact Reports were reviewed by the company’s leadership team. As they were lower than the required minimum target, a review of the B Corp Best Practice Guides was completed. An action plan was developed highlighting the key operational improvements that would need to be implemented across the business. All staff were consulted on the contents of the plan and they were encouraged to contribute their own suggestions on what the company could do differently.

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Implemented new measures

Step 4: In consultation with the outsourced HR team, the company implemented some of the new measures according to the action plan with others due to follow in the future.

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Submitted formal application

Step 5: Three months after completing the initial BIA the company carried out a second BIA. The results showed a vast improvement and resulted in more than the minimum requirement. The company was able to submit its formal application.

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Virtus Energy Sustainability Commitments

2030

Net zero pledge

1,400-plus B Corps have pledged to reach Net Zero by 2030.

2025

CIRCUBATT project start

The CIRCUBATT project formally starts in January 2025 and lasts 3 years.

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What do our labels mean?

Certified B Corporation Logo

Certified B Corporation

About Virtus Energy

  • Status
  • Unverified
  • Employees
  • 5 - 25
  • Country
  • United Kingdom

Sustainable Development Goals

Virtus Energy is committed to advancing these Global Goals to promote prosperity for people & planet.

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