JJK Places, PBC
Colorado, United States
August 2022
Real estate development
Service with Minor Environmental Footprint
United States
JJK Places, PBC is an uncommon company – with an uncommon purpose and uncommon thinking, that produces uncommon results. Our approach to real estate development is unconventional: we use real estate, space, and the bult-environment as tools to increase opportunity, community, and social equity. JJK Places is positioned at a rarely witnessed intersection of real estate, community building, opportunity creation, and social justice. JJK Places was founded in early 2018 as Denver and Colorado’s first social impact real estate (“SIRE”) development, investment, and consulting company that concentrates entirely on people focused, community-centric real estate projects. We were formed based on the belief that business can and should be a force for creating public good. We are a "fourth sector" business that bridges all three existing economic sectors to collaboratively produce projects which fulfill a social mission. As such, JJK Places is a triple bottom-line company that equally prioritizes people and communities (social impact), protection of place (environmental impact), and prosperity for multiple stakeholders (economic impact) over a traditional real estate development business model which singularly prioritizes profit. Instead, our developments, investments, and consulting
Overall B Impact Score
Governance 19.6
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Governance 19.6
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Workers 20.3
Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.
Community 30.3
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. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.
Environment 25.2
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 and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Customers 3.6
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. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.