- Oil is a non-renewable resource and its use is significantly damaging our environment.
- Oil is critical to the continued stability of our society.
Given these two statements it is ideal to create a future where society significantly reduces or eliminates the use of oil; however, this is difficult and will take time.
Since we will continue to require oil for our society to function in the short-to-mid term Sferion would like to minimize the harm of oil production.
The flip side to harm minimization of is benefit maximization; Sferion seeks to maximize the benefit to society caused by producing oil.
Sferion is a B-Corp (Social Benefit Company). Like a normal company Sferion makes a profit by producing products & providing services. Unlike a normal company a B-Corp puts its mission ahead of profits. Profits are a side effect of the mission not the end-goal.
As of this writing (July 2018) there are 2564 B-Corps in 50+ countries in 130 industries. To the best of our knowledge Sferion will be the first Oil company to be a B-Corp.
Sferion views itself as a technology first energy company similar to how Amazon views itself as a software first retailer.