Funds For Good is certified B Corp™
We are proud to be part of the community of certified B Corp™ companies. This certification rewards our commitment and our unique business model, which consists of giving up a significant part of our company’s revenues and profits to finance our societal project. In this way, our customers and partners make our social project possible at no cost to them and participate with us in supporting entrepreneurship at the service of a fairer and more sustainable society.
What is B Corp™ certification?
B Corp™ certification is an international label that distinguishes companies with the highest standards of social and environmental performance and transparency. At Funds for Good, we have obtained this certification for our unique business model, described as ‘Designed to Give’, which consists of redistributing part of our profits to support social projects.
What this means for you
By choosing to work with Funds for Good, you are supporting a company that puts people and the planet at the heart of its business model. Every action we take aims to redistribute our profits to generate a positive social impact.
How do you become a B Corp™?
To achieve B Corp™ certification, a company must pass a rigorous assessment of its practices in five key areas: governance, employees, customers, community and environment. It must achieve a minimum score of 80 points out of 200 to gain certification. This process ensures that the company has a real positive impact on society. Certification is renewed every three years to ensure that the company continues to improve its practices.
A worldwide movement and a commitment to the future
As a certified B Corp™, we are part of a global movement of more than 5,000 companies in over 80 countries, all united by the same mission: to use business as a positive force for society and the environment. This commitment is a long-term process. We are regularly assessed to ensure that we meet the rigorous standards of certification, which drives us to constantly improve and maximise our positive impact.
Funds For Good impact score
For the B Impact assessment, Funds For Good obtained an overall score of 109.5. The median score for conventional companies completing the assessment is currently 50.9. Find out more about our scores below and check out our B Corp profile!
Governance 19.8
Governance evaluates a company’s overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
Mission Locked, what is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders – such as workers, community, environment, or customers.
| Mission & Engagement | 2.3 |
| Ethics & Transparency | 7.4 |
| Mission Locked | 10 |
Workers 26.9
Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.
| Financial Security | 9.3 |
| Health, Wellness, & Safety | 9.0 |
| Career Development | 2.1 |
| Engagement & Satisfaction | 5.1 |
Community 50.6
Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.
Designed To Give, what is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders – such as workers, community, environment, or customers.
| Diversity, Equity, & Inclusion | 3.6 |
| Economic Impact | 8.5 |
| Civic Engagement & Giving | 5.9 |
| Designed To Give | 29.7 |
Environment 8.3
Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.
| Environmental Management | 3.0 |
| Air & Climate | 2.0 |
| Water | 0.0 |
| Land & Life | 3.2 |
Customers 3.7
Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.
| Customer Stewardship | 3.7 |
