B Lab is a nonprofit organization dedicated to using the power of business to solve social and environmental problems.
©Copyright 2012 B Lab. All rights reservedAbout Emerge
Emerge Workplace Solutions is an employee benefit company that offers workplace-based financial wellness program, partnering with employers to help their workers plan their financial futures and build real credit. Major employers seek out Emerge because they know financial stress takes a toll on their workers’ health and productivity. The Emerge program engages employees with an ongoing financial education program, with financial wellness assessments, educational roadmaps, and one-on-one credit counseling. Workers can apply for small affordable loans through socially responsible partner banks and credit unions. Emergency personal loans through Emerge enable workers to raise their credit scores or more and qualify for traditional borrowing, helping them to meet immediate needs while improving their long term financial stability.
Trust is everything in business. As a start-up , it’s hard to gain trust in the marketplace with an unknown brand. Emerge differentiates its approach with the B Corporation seal, which signals our commitment to a business model that creates value and profits by solving a critical social problem. It reassures new customers and social investors that our products and services are designed to help low- and middle-income working people avoid crippling debt, support their families, and increase their opportunities in life. The B Corporation certification tells all of our stakeholders what we stand for and is a permanent commitment to these values. Only with this explicit commitment can our business truly be a powerful force for positive social change.
The Change We Seek®
Emerge is a scalable, sustainable model for migrating millions of underbanked workers to mainstream banking relationships. The Emerge Financial Wellness program helps to keep more money in workers’ pockets, improve their financial knowledge and skills, and strengthen their credit so that they qualify for low-interest mainstream bank products. By working with employers to help working people to build savings and credit, we can help to substantially improve their financial futures.
Emerge
- Industry: Education & Training Services
- Product/Services: Emerge Loan and Financial Education Services EAP
- Location: San Francisco, CA
- http://www.emergeloan.com
Summary:
Certified: May 2010| Points Earned | % Points Available | |
|---|---|---|
| Accountability » | 4.3 | 43% |
| Employees » | 22.9 | 51% |
| Consumers » | 60 | 100% |
| Community » | 24 | 37% |
| Environment » | 4.9 | 24% |
| Composite B Score | 116.1 |
- >80 out of 200 is eligible for certification
- >60% points available = Area of excellence
Highlights:
From B Impact AssessmentEnvironment: >75% of printed materials use recycled paper content, FSC certified paper, or soy-based inks.
Community: >60% of Significant Suppliers are independent and local to at least one of the company's offices.
Consumers: 100% of revenues come from services that promote economic equality for individuals and communities, and increases the flow of capital to purpose-driven enterprises.



