- WHEB Asset Management Honoured as Best for Customers
- Creating Most Positive Impact for Customers
- Evaluated by Comprehensive B Impact Assessment
12th September 2017, London
Today, WHEB Asset Management was recognized as being among the companies creating the most positive overall impact for its customers based on an independent, comprehensive assessment administered by the non-profit B Lab. Honourees are featured on B the Change, the digital Medium publication produced by B Lab, at http://www.bthechange.com.
WHEB Asset Management is honoured in the Best for Customers list, which includes businesses that earned a Customer score in the top 10 per cent of more than 2,100 Certified B Corporations on the B Impact Assessment. The full assessment measures a company’s impact on its workers, community, customers and environment. To certify as B Corporations, companies like WHEB Asset Management must complete the full assessment and have their answers verified by B Lab.
The Customer portion of the B Impact Assessment measures the impact a company has on its customers by focusing on whether a company sells products or services that promote public benefit and if they are targeted toward underserved markets.
The section also measures whether a company’s product or service is designed to solve a social or environmental issue like increasing the flow of capital to purpose-driven enterprises.
Honourees scoring in the top 10 per cent set a gold standard for the high impact that business as a force for good can make on consumers around the world. WHEB Asset Management made the list thanks to exceptional practices which are embedded in WHEB’s business mission to advance sustainability and create prosperity through positive impact investments.
The 182 Best for Customers companies come from 63 different industries and 29 countries. B Lab simultaneously released separate lists recognizing B Corporations as Best for the World (overall impact), Best for the Environment, Best for Community, Best for the Long Term, Best for Workers and Race to the Top, which can be found along with the listing of Best for the World Funds at http://www.bthechange.com.
WHEB Asset Management is a specialist fund management business owned and managed by some of the most experienced practitioners of sustainable investment in the sector and known for its extensive experience, thought leadership and innovation. We seek to generate superior returns from global equities by investing in companies providing solutions to some of the most serious environmental and social challenges facing mankind over the coming decades. WHEB’s corporate mission in support of this aim is to advance sustainability and create prosperity through positive impact investments.
George Latham, Managing Partner, said,
“WHEB is proud to be a Certified B Corporation and we are delighted to be honoured in this way. It has long been our objective to put our customers at the heart of everything we do and demonstrate that a fund management business can be a force for good.”
“Companies like WHEB Asset Management are proving that business can be a force for good for all stakeholders,” says Jay Coen Gilbert, co-founder of B Lab. “We’re proud to share their achievement in a meaningful way. Best for the World is the only list of businesses making the greatest positive impact that uses comprehensive, comparable, third-party-validated data about a company’s social and environmental performance.”
A total of 874 Certified B Corporations were named 2017 Best for the World Honorees, including Patagonia; Seventh Generation; National Co+op Grocers; Business Development Bank of Canada; and The Honest Company. Forty-eight countries are represented, including Afghanistan, Kenya, Nicaragua and Turkey. The selection criteria for Best for the World honourees are available at http://bit.ly/29ZYRSp.
Today there are more than 2,100 Certified B Corporations across more than 130 industries and 50 countries, unified by one common goal: to redefine success in business. Any company can measure and manage social and environmental performance at http://bimpactassessment.net.
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B Lab is a nonprofit organization that serves a global movement of people using business as a force for good. Its vision is that one day all companies compete not only to be the best in the world, but the best for the world and society will enjoy prosperity for all in the long term.
B Lab drives this systemic change by 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) passing benefit corporation legislation to give business leaders the freedom to create value for society as well as shareholders; 3) helping businesses measure, compare and improve their social and environmental performance with the free B Impact Assessment; 4) driving capital to impact investments through use of its B Analytics and GIIRS Ratings platform.
For more information, visit http://www.bcorporation.net.
B the Change is a Medium publication, produced by B Lab in collaboration with the community of Certified B Corps and the movement of people using business as a force for good.
B the Change exists to inform and inspire people who have a passion for using business as a force for good in the world. Because we believe that storytelling is an essential element in the transformation of business and society, we commit ourselves to tell the most compelling stories possible to the largest audiences possible to propel the movement of business toward its destiny as a powerful force for good. We want to dramatically broaden and deepen engagement with entrepreneurs, managers, employees, investors and citizens in one of the most important discussions of our time.
Read all B the Change stories at http://www.bthechange.com.
