What is a B Corp?
B Corps are socially and environmentally sustainable companies that have been certified by the nonprofit B Lab as meeting high levels of performance, accountability, and transparency.
Why is Being a B Corp Important to Us?
Clearinghouse CDFI is proud to be a Certified B Corp. Our Commitment to “B the Change” is natural as a mission-based CDFI. As a B Corp, we aim to maximize profits and maximize returns to people and the planet.
- Meet the 2021 B Committee members
- View our 2019 Impact & Benefit Report
- View Clearinghouse CDFI’s B Impact Score
How are We Helping to Redefine Success in Business?
|We prioritize transparency & accountability. We view running a transparent business as an extension of our most important asset – our reputation. Our lending is without hidden agendas or conditions. We strive to provide all appropriate information to the CDFI Fund, our investors, and our employees. The success of our business depends on accountability. We remain accountable to all stakeholders through a Board of Directors, two Advisory Boards, and four committees—each with unique and important roles.|
|We believe corporate culture matters. Creating a great company means more than just compensation. A great corporate culture must exist to keep employees engaged. From health benefits to time off, our values are reflected in how our employees are treated. We emphasize career growth, family, work-life balance, and civic duty.|
|We give back to the community. Philanthropy is about more than just donating money or volunteering time. It’s about giving according to the particular organization’s need. Our Executive Team and staff donate their professional and personal time by volunteering with numerous organizations. We also make charitable donations to several nonprofits whose missions help improve the lives of the men, women, and children throughout all of our service areas.|
|We are committed to a healthy planet. Our greatest ability to positively impact the environment is through our lending. We prioritize borrowers with sustainable businesses or projects involving renewable resources, water and energy efficiency, or other environmentally sustainable measures. In doing so, we ensure that positive environmental impact extends beyond our operations.|
With our B Corp certification, we aim to reach new socially minded investors and generate additional opportunities for mission-driven lending. We hope our commitment to meet higher standards will inspire other businesses to join us in this movement. Together, we can redefine success in business.
For more information about B Corps, visit the B Corporation website at www.bcorporation.net/community/clearinghouse-cdfi.