- WHEB Asset Management Honoured as Best for Customers
- Creating Most Positive Impact for Customers
- Evaluated by Comprehensive B Impact Assessment
4th July 2018, London
For the second year running, WHEB Asset Management has been honoured as ‘Best for Customers’ in B Corp’s ‘Best for World’ List, which was announced last month.
WHEB has been recognised as one of 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, which can be found here.
To make the list, businesses must have earned a Customer score in the top 10 % of more than 2,500 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 percent 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.
George Latham, Managing Partner, said,
“WHEB is proud to be a Certified B Corporation and we are delighted to be honoured in this way for a second year running. With more asset managers becoming B Corps, this growing community is demonstrating the positive impact investment firms can have and their businesses can truly be a force for good.”
B Lab is a non-profit 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 for 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 telling 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.