Solidarity Capital Group

Impact Investment

Cary, North Carolina

United States

www.solidaritycap.com

About Solidarity Capital Group

Solidarity Capital Group is an impact investment firm that finances economically sustainable social justice enterprises.  Solidarity Capital Group creates opportunities for investors to back innovative social entrepreneurs, so they can extend their important work serving marginalized people and needs in their community.  

Solidarity Capital Group assists visionary management teams that are addressing many of society's toughest and most persistent social and environmental challenges.  Their focus areas include community and economic development, sustainable agriculture, energy and environmental solutions, and social finance.  

Their investors, principals, and advisors are people of faith and goodwill investing for the common good.  They aim to deliver both impactful social returns and compelling risk-adjusted financial returns for the benefit of all stakeholders.

Our fund investors hold us (as fund manager) to the same high standards – impact, accountability, transparency – that we have for the enterprises we invest in.  So it’s a no-brainer for us to embrace the same Certified B Corp designation and responsibilities that we value and seek when sourcing and screening prospective companies for our portfolio.  Having first encountered the B Impact Assessment as an Investors’ Circle member, and again as a lynchpin of the GIIRS methodology that is integral to our positive impact reporting at the fund level – we’re excited to now be joining and growing the global community of Certified B Corps that share our commitment to building a just economy, and to being our best for the world.

The Change We Seek ®

At root, Solidarity Capital Group seeks a deepening conversion, or turning, to being more for others than for themselves – and seeks this change first within themselves.  And while they cannot change themselves by themselves, they can do their part: trying to “be change… to be changed”™.  Then they invite others along on this transformative journey, by creating opportunities for more people of diverse faith or goodwill to invest themselves alongside Solidarity Capital Group, opening themselves to change.  This is the change they seek at a personal level.

The second change Solidarity Capital Group seeks is the fruit of the first.  At this level, as more people are drawn into financing innovative social entrepreneurs, those entrepreneurs can then extend their important work serving marginalized people and needs in their community.  This is the change Solidarity Capital Group seeks at the community level.

Finally, Solidarity Capital Group believes there is something at work here that is still more profound than aligning and directing private capital to good works at a time when public and philanthropic budgets are retrenching.  This is fostering impact investing, not only as yet another tool to address the present crisis, but even more so to build a more just, sustainable, and people-centered economy for the future.  This is the change they seek at a societal level.

Solidarity Capital Group is inspired by the promise and practitioners of social entrepreneurship and impact investing, which represent a genuine sign of hope, a potentially powerful instrument, and even for many a movement of the Spirit.  They aspire to encourage this movement in their region by capitalizing a place-based social justice investment partnership – both to serve their local community, and to contribute yet another model to an industry that is rapidly innovating and emerging in myriad models and places. 

These are the aspirations of Solidarity Capital Group.

What makes us a better company?

B Impact Report

Certified since: 

September 2013
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.

8
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.

N/A
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).

35
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.

52
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.

9
6
Overall B Score
104
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: 

Links

  • Solidarity Capital Group Website Go »
  • Investors' Circle Website Go »