B Corp Best for the World: Governance

We are proud to announce that our firm has been named by B Lab as Best for the World: Governance in recognition of the way we run our business and for building our mission to help our clients achieve their goals by providing exceptional investment management and wealth planning services into our DNA. Putting our clients first guides our decision-making and culture, and allows us to build long-term, caring and trusted relationships.

“We’re incredibly proud of this year’s Best for the World honorees,” said Anthea Kelsick, Chief Marketing Officer of B Lab. “These inspiring companies represent the kinds of business models and impact-driven business strategies that are building a new economy – one that is inclusive, regenerative, and delivers value to all stakeholders, not just shareholders. To that end, B Corps like Wetherby Asset Management are redefining capitalism and showing that it actually can work for everyone.”

The Best for the World recognition is administered by B Lab, the global non-profit that certifies and supports Certified B Corporations, which are for-profit companies dedicated to using business as a force for good. 1,000 B Corps from 44 countries were named to the 2019 Best for the World lists, including Patagonia, Dr. Bronners, TOMS and Seventh Generation. The 2019 Best for the World honorees are determined based on the verified B Impact Assessments of Certified B Corporations. The full lists are available here: https://bcorporation.net/.

Wetherby Asset Management was certified as a B Corp in 2015. Certified B Corporations, or B Corps, are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. Today, there are approximately 3,000 Certified B Corporations across 64 countries and 150 industries, unified by a common goal to redefine success in business.

Congratulations to the Wetherby team!

This accolade is presented for informational purposes only; no warranty is either expressed or implied by its presentation. The accolade may not be representative of actual or specific client experiences and should not be considered an endorsement. Wetherby Asset Management (Wetherby) acknowledges the rating reflects an average of all, or sample of all, of an advisor’s or the firm’s clients and thus may not be representative of any single client’s experience. Wetherby’s receipt of accolades should not be considered a guarantee of future performance results. Wetherby does not pay a fee to participate in any of the rankings disclosed.

The B Corp Best for the World: Governance list is published by the nonprofit B Lab and determined by the verified score on the B Impact Assessment of Certified B Corporations as of June 10, 2019. The B Impact Assessment is a free online tool designed to comprehensively measure the positive impact that businesses generate for their communities, customers, workers and environment. Only Certified B Corporations in good standing with a Reviewed Version 4 or 5 B Impact Assessment (including both phone and document reviews by B Lab Staff with scores transparent online) are eligible for inclusion. To earn placement on the Best For the World: Governance list, honorees must score in the top 10 percent of B Corps in the Governance section of the B Impact Assessment. This section evaluates a company’s overall mission, ethics, accountability and transparency. It measures whether the company has adopted a social or environmental mission, and how it engages its employees, board members and the community to achieve that mission. The Governance portion also assesses employee access to financial information, customers’ opportunities to provide feedback, and the diversity of the company’s governing bodies. Of the 2,817 companies that were considered, 258 were honored, representing approximately 9%. Please note that while Wetherby does not pay a fee to participate in the B Corp Best for the World rankings, we do pay fees to B Lab to maintain our B Corp certification. For additional information, please visit https://bcorporation.net/2019-best-for-the-world-governance.

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