First Affirmative Financial Network

Investment advisory services

Colorado Springs, Colorado

United States

firstaffirmative.com

About First Affirmative Financial Network

First Affirmative creates and manages customized investment portfolios for individual and institutional clients seeking to align investment decision-making with personal values and/or institutional mission. Working through a nationwide network of investment professionals, they help clients invest in companies that contribute to a clean, healthy environment, treat people fairly, embrace equal opportunity, produce safe and useful products, and support efforts to promote a more peaceful world.

B Corporations are generally more responsibly managed companies, characterized by high levels of transparency, and a commitment to people and planet, as well as profit. B Corps are the kinds of companies that our clients want to own— companies of the future. First Affirmative became a B Corporation in order to “walk the talk,” to join the ranks of the companies we and our clients support, and to demonstrate leadership—showing that financial services companies can be operated for the benefit of all.

The Change We Seek®

First Affirmative envisions a world in which every child is safe, secure, and lives without fear. To this end, they work with money as a tool for transformation toward a socially just, truly sustainable future for all.

What makes us a better company?

B Impact Report

Certified since: 

September 2011
Summary:

Company Score

Median Score*

Environment

Environment

The Environment section of the Assessment evaluates a company's environmental performance through its facilities; materials, resource, and energy use; and emissions. Where applicable, it also considers a company's transportation/distribution channels and environmental impact of its supply chain. This section also measures whether a company's products or services are designed to solve an environmental issue, including products that aid in the provision of renewable energy, conserve resources, reduce waste, promote land/wildlife conservation, prevent toxic/hazardous substance or pollution, or educate, measure, or consult to solve environmental problems.

6
7
Workers

Workers

The Worker section of the survey assesses the company's relationship with its workforce. This section measures how the company treats its workers through compensation, benefits, training, and ownership opportunities provided to workers. It also focuses on the overall work environment within the company through management/worker communication, job flexibility and corporate culture, and worker health and safety practices.

23
18
Customers

Customers

The Customers section of the Assessment measures the impact a company has on its customers. The section focuses on whether a company sells products or services that promote public benefit, and if those products/services are targeted towards serving underserved populations. Questions in this section will measure whether a company's product or service is designed to solve a social or environmental issue (e.g. improves health, preserves environment or creates economic opportunity to individuals or communities, promotes the arts/sciences, or increases the flow of capital to purpose-driven enterprises).

49
N/A
Community

Community

The Community section of the survey assesses a company's impact on its community. The Community section evaluates a company's supplier relations, diversity, and involvement in the local community. The section also measures the company's practices and policies around community service and charitable giving. In addition, this section includes if a company's product or service is designed to solve a social issue, including access to basic services, health, education, economic opportunity, arts, and increasing the flow of capital to purpose-driven enterprises.

13
17
Governance

Governance

The Governance section of the Assessment evaluates a company's accountability and transparency. The section focuses on the company's mission, stakeholder engagement, and overall transparency of the company's practices and policies.

17
6
Overall B Score
107
55

80 out of 200 is eligible for certification

*Of all businesses that have completed the B Impact Assessment

*Median scores will not add up to overall

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Company Highlights: 

Workers: >80% of health insurance premiums covered; >15% of employees are reimbursed for continuing education opportunities

Community: Give preference to local suppliers; >50% of the company is owned by non-accredited investors

Environment: Mostly LEED certified buildings; >25% of company travel, commuting, office operations, and shipments was reduced through the purchase of certified carbon credits

Miscellany: 

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