Riverwater Partners has been named a 2022 Best for the World™ B Corp™ in recognition of its exceptional positive impact on its customers. B Lab grants the Best for the World distinction to Certified B Corporations (B Corps) whose verified B Impact Scores in the five impact areas evaluated in the B Impact Assessment — community, customers, environment, governance, and workers — rank in the top 5% of all B Corps in their corresponding size group.
Riverwater is proud to continue a three-year tradition of being recognized as Best for the World B Corp, having won in 2021 in the Customers and Communities categories and in 2019 in the Customers, Communities and Overall Categories.
Riverwater earned the honor this year because of its dedication to align clients’ investments with their values. B Lab specifically recognized us for providing high quality products and services, engaging in ethical marketing and prioritizing data privacy and security. Additionally, our work with portfolio companies to improve their ESG practices helps our customers achieve their goals to “Make the world a better place by growing wealth through sustainable investing” –the mission of Riverwater Partners. Our 2021 Sustainability Report – The Journey of Sustainable Investing provides in depth detail about our services and engagements in 2021
B Lab has recognized Riverwater for our efforts in the Customers area in 2022. We were specifically recognized for providing high quality products and services, engaging in ethical marketing and prioritizing data privacy and security. Additionally, our work with portfolio companies to improve their ESG (Environmental, Social and Governance) practices helps our customers achieve their goals to “Make the world a better place by growing wealth through sustainable investing” – the mission of Riverwater Partners.
“Many people simply have not yet considered that their investments can contribute to the public good and generate alpha at the same time. In their day to day lives, our customers are dedicated to being good stewards of the environment and work hard to contribute to society in positive ways. By investing with Riverwater Partners, we are giving them one more tool to enable them to live sustainably.” – Cindy Bohlen, Chief Mindfulness Officer.
Our customers are the driving force behind our mission to make the world a better place by growing wealth through sustainable investing. The Milwaukee BizTimes newspaper featured one such customer this year in, Making Sense of ESG Investing:
When Quinn Schwellinger 31, and his wife decided to start building an extra retirement fund to supplement their 401(k)s, they knew they wanted to invest in companies that supported their concern for the environment. “My wife and I believe climate change is real, fundamentally,” said Schwellinger, vice president of Badger Ham, a third-generation family-owned business on Milwaukee’s south side. “I wanted to make sure our money wasn’t going toward things I didn’t want it to.” *
Every year, Best for the World recognizes the top-performing B Corps creating the greatest positive impact through their businesses. More than a badge of honor, Best for the World provides an opportunity for recognized companies to share knowledge, learnings, and best practices with the B Corp community and businesses outside of the community to encourage innovation and transformation across the business sector. The full lists are available at bcorporation.net/best-for-the-worldhttp://bcorporation.net/best-for-the-world!
The Best for the World recognition is administered by B Lab, the global nonprofit network that certifies and mobilizes B Corps, which are businesses that meet high standards of positive social and environmental performance, accountability, and transparency. Today, there are more than 5,000 B Corps across 80 countries and 155 industries, unified by one common goal: building an inclusive, equitable, and regenerative economic system.
“Each Best for the World edition is an opportunity to raise the bar for how businesses can and should operate to create real and lasting positive impact for their workers, customers, communities, and the environment,” said Dan Osusky, Head of Standards and Insights at B Lab Global. “While no company is perfect and even the best companies can and should continue to strive to improve, the B Corps recognized as Best for the World can provide us all — standards setters, B Corps, non B Corps, and sustainability advocates — with inspiration on what true leadership in business can look like to make progress on addressing our current global challenges.”
B Corp Certification doesn’t just evaluate a product or service, it assesses the overall social and environmental impact of the company that stands behind it. To achieve B Corp Certification, a company must meet a score of at least 80 points on the B Impact Assessment, an evaluation of a company’s positive impact, and pass a risk review, an evaluation of a company’s negative impact; change their corporate governance structure to be accountable to all stakeholders, not just shareholders; and exhibit transparency by allowing information about their B Corp Certification performance to be publicly available on their B Corp profile on B Lab’s website.