Sarona Asset Management Inc

Boutique Investment Firm

Kitchener, Ontario

Canada

saronafund.com

About Sarona Asset Management, Inc.

With a rich history stretching back to 1953, Sarona has extensive experience investing in Frontier and Emerging Markets. Their ambition is to use this experience to deliver top-quartile returns by investing growth capital in private equity funds and companies that benefit local communities and the environment. They focus on small to mid-market companies providing goods and services to meet the growing needs of the rising middle class in these markets.

We became a B Corporation because it just makes good business sense. Sarona has already been using comprehensive and transparent performance standards, and now it looks continue to improve its own performance while encouraging others to see the immense positive effects – including financial – good business solutions can have on social and environmental concerns around the world.

The Change We Seek®

Sarona strives to achieve positive social and environmental outcomes in all its investments. Through its investment programme, Sarona seeks to create profitable and sustainable businesses.

Targeted outcomes include:

  • Creating jobs
  • Improving job quality
  • Empowering women
  • Reducing environmental footprint
  • Improving governance
  • Building sustainable communities
What makes us a better company?

B Impact Report

Certified since: 

November 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.

13
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.

35
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).

39
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.

15
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.

20
6
Overall B Score
122
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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Miscellany: 

Performance Reports

  • Values Report 2014  Go »