Mana Pacific is a Social Enterprise business model
Mana Pacific Inc. is a Benefit Corporation or a Sustainable Business Corporation formed in Hawaii to Benefit Humanity. Mana Pacific is currently pending certification by B Lab, a nonprofit that serves a global movement of people using business as a force for good.
Certified B Corporations are a new kind of business that balances purpose and prosperity. They are legally required to consider the impact of their decisions on their workers, customers, suppliers, community, and the environment. In different terms, our Board of Directors are required to ensure we make a positive impact on our "triple bottom line" which is People (both employees and our customers), Planet (environmental impacts, including our supply chains), and then our Profit (yes, Benefit Corporations can prove that we can be profitable and sustainable, making Our Planet, Our People, and Our Shareholders happy).
Today, there are over 2,200 Certified B Corporations around the globe, including Solar Now, 10 Power, RSF Social Finance, Patagonia, and even Ben & Jerry's! We look forward to joining this prestigious community of leaders soon, driving a global movement of people using business as a Force for Good!
Sustainable Development Goals
Mana Pacific not only measures our "triple bottom line" metrics for success, but we are also tracking our benefit corporations' impacts including the specific impacts of some of our much larger initiatives will have in accordance with the UN Sustainable Development Goals. Most all of the Pacific Island Countries and Territories (PICTs) that we serve are not only Partner(s) of the UN's Sustainable Development Goals, but were some of the first ratifiers of the Historic United Nations Framework Convention on Climate Change (UNFCCC COP21) more commonly known as the "Paris Climate Agreement".
As described on the UN Sustainable Development website:
“The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the future. At its heart are the 17 Sustainable Development Goals (SDGs), which are an urgent call for action by all countries – developed and developing – in a global partnership. They recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests.”
Mana Pacific is collaborating with various Partners, Advisors, and Strategic Alliances to address as many of the UN Sustainable Development Goals as possible, but currently, we are focused on addressing the following primary SDGs:
1) No Poverty
4) Quality Education
5) Gender Equality
6) Clean Water and Sanitation
7) Affordable and Clean Energy
8) Decent Work and Economic Growth
10) Reduced Inequalities
11) Sustainable Cities and Communities
13) Climate Action
17) Partnerships for the Goals
what makes OUR approach so different?
We take a different approach to project development that starts with the community and then uses a new hybrid approach of traditional financing and development models to fit these developing communities' unique and critical needs. How do we do that?
Collaboration between territories blends risk & provides opportunities for economies of scale, overall project savings, and access to finance for otherwise un-bankable communities.
We shorten the development time by focusing on early-stage collaboration with a unique and proven approach to stakeholder engagement.
We bring best-in-class technology and services that are appropriate and sustainable for these challenging environments.
We de-risk the traditional development cycle with a non-traditional market approach, streamlined process with agreed-upon metrics, and project qualifications.
Conformity of financial instruments with sovereign backstops unlocks capital & economic development dollars with lower costs financial instruments and direct procurement of materials with most favored national pricing provides a 10-45% cost savings.
A tailored training program will unlock resources to ensure ongoing operations and maintenance. Access to direct debt financing & economic development funds allows local asset ownership and construction labor that builds the local economy.