We are pleased to share our
2022 Impact Report
How do we measure our Impact?
At Green Canopy NODE, we are committed to reporting our impact metrics on an annual basis.
Every year, our team strives to improve the measurement and reporting of our operation’s impact. We will continue to seek refinement and learning from the broader industry as it develops best practices, and will assess the applicability of other standardized impact frameworks and certifications.
Climate and Environmental Action
Building operations account for 30% of the global carbon emissions as per the International Energy Agency.
Green Canopy NODE has been working diligently on raising the operational efficiency standards of its homes, consistently outpacing energy code improvements.
50.8
metric tons of greenhouse gases were mitigated
6.5
homes were built per site, on average
75.7
tons of construction waste were recycled
Impact Investment Strategy
Green Canopy NODE Capital has created and managed impact investment funds since 2011. Driven by a distinct impact intentionality, rigorous asset underwriting, and skilled project and financial management, the Firm has successfully aligned to investors’ expectations with each of its four fund offerings.
Our highly efficient, vertically integrated real estate development platform combined with sophisticated management and application of impact investment capital has proven to be an effective and synergistic strategy for scaling positive financial, social, and environmental impact outcomes.
$13.2M
Raised in the Cedar Fund to date from 60 Impact Investors across 8 states
$9.5M
Income distributed to Impact Investors across all funds since 2012
The key to our success? Our people!
To bring sustainable and healthy homes to market is an extremely ambitious goal. We simply couldn’t do it alone. Hence, we rely on partnerships for sustainability, joining forces with a deeply committed community of teammates, board members, shareholders, impact investors, institutional investors, homeowners, landowners, developers, affordable housing groups, architects, real estate agents, and sub-contractors; all playing an important role in achieving our collective Mission, Vision, and Theory of Change. We are grateful to each of them for joining us on this journey!
100%
Staff received individual living wage
60%
Executive team from under-represented populations
56%
Staff members from under-represented populations
13.79%
Minority or women owned subcontractor businesses hired
Green Canopy NODE’s Theory of Change
A Theory of Change provides a visual roadmap creating change in the world, while providing a target to align strategies, outcomes, and goals. Ours is organized around Deep Work, aiming for outcomes for a better future.
We welcome you to engage with us on this journey! Please feel free to start by sharing our report and give us your insights on it.