Certified B Corporation ™

In January 2022, we became the first Icelandic company to receive a B corp certification, awarded to business leaders in the global movement for an inclusive, equitable, and regenerative economy. The certification demonstrates high social and environmental performance, along with transparent reporting through a publicly available online profile.

The process took two years and involved assessment across five key areas - outlined here with our scores - as well as a legal commitment to adopt a corporate governance structure that is accountable to all stakeholders (as well as shareholders). Achieving certification is not a final destination; we are already on the journey to recertify in 2025, with a target score of 120, or above, for the next assessment. This score would place 66°North among the top tier of B Corp certified businesses in the world.

Governance 9.8

Governance evaluates a company's overall mission, engagement around its social/ environmental impact, ethics, and transparency.

Mission & Engagement 2.2

Ethics & Transparency 5.1

+ Mission Locked 2.5

Workers 27.6

Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction, as well as business models designed to benefit workers non-executive ownership and workforce development programs.

Financial Security 4.8

Health, Wellness, & Safety 8.6

Career Development 3.0

Engagement & Satisfaction 7.2

Customers 4.0

Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels.

Environment 33.1

Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations, product, supply chain and distribution channels.

150

Maximum score

120

(Our target score for 2025)

Customer Stewardship 4.0

Environmental Management 5.0

Air & Climate 9.2

Water 3.1

Land & Life 7.2

+ Land/wildlife Conservation 0.4

+ Toxin Reduction/Remediation 6.5

Community 33.1

Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management.

Diversity, Equity, & Inclusion 5.6

Economic Impact 1.3

Civic Engagement & Giving 4.1

Supply Chain Management 6.2

93.5

(Our overall B Impact Score 2022)

80

(Qualifies a business for B Corp)

“We are proud to be the first Icelandic brand to receive this distinction and look forward to continuing to build a purposedriven brand. Earning a score of 93.5 validates 66°North’s longtime commitment to doing business in a way that’s thoughtful and considerate of the planet.”

Helgi Óskarsson, CEO

50.9

(The average score for ordinary businesses)