ShoreBank Corporation

  • ( > 80 out of 200 is eligible for certification as a B Corporation )
  • ( > 60% points available is an Area of Excellence )

2008 Rating: 124.2

Rating Details Points
Earned		 % Points
Available
Accountability Area of Excellence* 16.7 87 %
Governance / Accountability 11.3 88 %
Transparency / Reporting 5.4 85 %
Fair Trade / Supplier Code of Conduct n/a n/a
Employees Area of Excellence* 36.5 69 %
Compensation & Benefits 18.8 78 %
Employee Ownership 2.1 22 %
Work Environment 15.6 82 %
Consumers Area of Excellence* 36.9 77 %
Beneficial Products / Services 14.7 77 %
Beneficial Method of Production / Impact 15.3 80 %
Serving those in Need 6.8 71 %
Community 23.8 38 %
Local 1.3 9 %
Diversity / Broad Ownership 12.2 64 %
Charity / Direct Service 10.3 36 %
Environment 10.3 57 %
Corporate Offices 10.3 57 %
Transportation / Distribution n/a n/a
Manufacturing Facilities n/a n/a
Total 124.2

ShoreBank Corporation

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  • Date Founded:
  • Location: Chicago, Illinois
  • Sector: Service/Retail
  • Industry:
  • Products/Services: Financial Services
  • Corporate Structure: C Corporation
  • Ownership:
  • Website: http://www.sbk.com

Highlights:

Environment: >25% office materials from recycled inputs; incentives to encourage lowimpact employee commutes.

Employees: >15% profits shared with employees; >70% healthcare premiums paid for families; subsidized off-site childcare and counseling; 4+ weeks vacation for tenured employees.

Community: >25% company owned by nonprofits; >70% employees work in low income communities; >30% employees from low income communities; >30% suppliers majority owned by women or minorities; >40% management and 30% board from previously.

Consumers: >50% loans go to low-income individuals and businesses; >50% branches located in low-income communities.