About Green Retirement Plans
Green Retirement Plans helps businesses, nonprofits and their employees harness the power of their retirement plan assets for good. We see ourselves as conduits for the flow of capital from these retirement accounts into sustainable and responsible investments that are directed to rigorously scrutinize socially responsible companies.
We are committed to working toward a more sustainable economy and a more just society. Being a B Corporation means formally recognizing this commitment in the structure of our business. We also became a B Corporation because we are excited to be part of a group of business owners that possess the same values as we have, and advocate and practice those values in the way they do business. We are inspired yet constantly challenged and encouraged to do better by our association with these outstanding visionaries.
Green Retirement Plans specializes in setting up small business 401(k), nonprofit organization 403(b), and individual IRA plans that include sustainable and socially responsible investments to achieve your retirement goals. We are a specialist in retirement planning trusted for our professional knowledge and expertise, respected for our social responsibility and environmental sustainability practices, and dedicated to community building and effecting positive change.
The Change We Seek®
We seek to change the way companies and employees view their retirement plans. These plans are more than just a mere employee benefit, they have the potential to influence capital markets.
• When businesses choose to include socially responsible investments in these plans, they are making a conscious choice to provide funding to companies that practice sustainability and corporate responsibility. They are directing a flow of capital to these companies, thereby creating more positive social and environmental impact. Retirement plan assets are transformed into a powerful tool that businesses can use to further their mission. Employees who understand and recognize the value of the change that they are effecting are more empowered and inspired.
Founding B Corporation
Green Retirement Plans, Inc.
- Industry: Investment Advisor
- Product/Services: Green Retirement Plans Provided
- Location: Oakland, CA
- http://www.greenretirementplans.com
Summary:
Certified: December 2007| Points Earned | % Points Available | |
|---|---|---|
| Accountability » | 12 | 80% |
| Employees » | 0 | 0% |
| Consumers » | 55.6 | 65% |
| Community » | 58 | 71% |
| Environment » | 13.8 | 69% |
| Composite B Score | 139.4 | 57% |
- >80 out of 200 is eligible for certification
- >60% points available = Area of excellence
Highlights:
From B Impact AssessmentConsumers: 25-49% of managed assets screen by ESG criteria; social and environmental progress of portfolio reviewed annually; minimum bar for social and environmental performance set in order to receive investment
Community: >40% of suppliers meet third party social & environmental standards; 10-19% of suppliers in low income communities; >10% of net profits given to charities
Environment: Energy conservation methods such as daylight timers, energy star appliances utilized; >75% recycled office supplies; policy to minimize corporate travel
