As evidenced by a successful B Corp recertification and conversion to a Public Benefit Corporation (PBC), we have met thorough standards that solidify our commitment to stakeholders including employees, communities, customers, suppliers, and the environment.
As a mission-driven company that is committed to transparency, sustainability, and improving the lives of others, these designations build upon the values that are the foundation of the entire BlueWave operation. In addition to our own commitment, there is now a legally binding obligation that further holds BlueWave accountable to protecting the planet and transforming access to renewable energy.
"As a company working to make the world more sustainable, we carefully consider every decision we make to ensure a positive impact for the wider community and for our team," shared Trevor Hardy, CEO and Co-Founder of BlueWave. "We pride ourselves on our ability to be held accountable to our key stakeholders and work to exceed those set expectations every day."
We have recertified as a B Corp with a score of 113.6 meeting even more rigorous and ever evolving environmental and social standards. Over the last three years, BlueWave has added to its clean energy project pipeline, expanding their agrivoltaics (or "dual-use") portfolio, which is an innovative development approach that protects the agricultural use of land while also supporting the production of clean energy. Additionally, several projects have increased BlueWave's customer base by providing low-income residents across the New England region with access to renewable energy, through energy bill savings generated by community solar projects.
In addition to maintaining B Corp status, BlueWave has converted to a Public Benefit Corporation (PBC) – a for-profit corporation required by law to pursue a public benefit based on a solid foundation of social and public good. Each aspect of the organization will operate in a responsible and sustainable manner as intended by company leadership and by law. A conversion that reflects the continued focus of BlueWave being a force for good.
"As part of Axium Infrastructure's ESG focused family, BlueWave is accountable at multiple levels, further proving our commitment to our communities, our employees, and the environment," noted Mark Sylvia, Chief of Staff at BlueWave. "We will continue to hold ourselves to the highest standards as we work to meet our collective clean energy goals and protect our planet."