Virtus Energy

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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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Joined CIRCUBATT project

Virtus Energy is part of the CIRCUBATT Project, a €5 million initiative funded by the European Commission and Switzerland, and is bringing cutting-edge battery innovations to life by leading real-world testing and validation.

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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