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Renewal Funds is Best for the World, Overall!

Jun 21, 2018

Renewal Funds has been recognized for creating extraordinary positive impact as a business based on the independent, comprehensive assessment administered by the non-profit, B Lab.

Renewal Funds is honored in the Best For The World Overall list, which includes businesses that earned scores in the top 10 percent of more than 2,400 Certified B Corporations across all categories on the B Impact Assessment. The assessment measures a company’s positive impact on its workers, community, customers and the environment. To certify as B Corporations, companies must complete the full assessment and have their answers verified by B Lab.

The full B Impact Assessment evaluates environmental performance, employee relationships, diversity, involvement in the local community, the impact a company’s product or service has on those it serves, and more. Honorees scoring in the top 10 percent of all B Corporations set a gold standard for using business as a force for good. Renewal Funds made the list thanks to exceptional practices like gender diversity, donating 1% of management fees to environmental charities, and exclusively investing in companies moving the needle for environmental sustainability.

“With the rise of anger at a system that feels rigged, people are hungry for companies like Renewal Funds, who are changing the system by building businesses that seek to create the greatest positive impact,” says Jay Coen Gilbert, co-founder of B Lab. “Best For The World is the only list of businesses that uses comprehensive, comparable, third-party-validated data about a company’s social and environmental performance. As consumers, talent and investors increasingly demand transparent, values-aligned businesses to buy from, work at, and invest in, companies will need to not just be the best in the world but the best for the world. Not just to be nice—but to be the most successful.”

For more, read Jay’s interview of Renewal Funds Managing Partner, Paul Richardson: How to Invest AND Exit with Impact AND Return


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