Atlantic Central & League Savings and Mortgage

Certified B Corporation
Headquarters

Nova Scotia, Canada

Certified Since

July 2021

Industry

Deposit bank - Developed Markets

Sector

Service with Minor Environmental Footprint

Operates In

Canada

Atlantic Central is the trade association for member credit unions in Atlantic Canada, . We are dedicated to helping create a strong, thriving, and sustainable community of credit unions. In addition to liquidity management, we provide a range of financial services, consulting, marketing, and advocacy. Our subsidiary, League Savings and Mortgage, a credit union owned company, is a federally regulated financial institution that provides a broad range of competitive products and services to support credit union growth and their members to achieve financial success. Helping credit unions and the communities we serve to grow well underpins everything we do, and we are committed to making business decisions that are in the best interests of our employees, credit unions and their members.

Overall B Impact Score

Based on the B Impact assessment, Atlantic Central & League Savings and Mortgage earned an overall score of 80.8. The median score for ordinary businesses who complete the assessment is currently 50.9.
80.8
80.8 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 17.5

Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement2.2
Ethics & Transparency7.7
+ Mission Locked7.5

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Workers 33.8

Workers evaluates a company’s contributions to its employees’ financial security, health & safety, wellness, career development, and engagement & satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Financial Security9.5
Health, Wellness, & Safety11.3
Career Development4.0
Engagement & Satisfaction5.0

Community 16.8

Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Diversity, Equity, & Inclusion4.7
Economic Impact4.1
Civic Engagement & Giving5.8
Supply Chain Management0.6

Environment 4.7

Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Environmental Management1.0
Air & Climate1.2
Water0.0
Land & Life2.5
+ Green Lending0

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Customers 7.0

Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship1.0
+ Portfolio Reporting0
+ Targeted for Investment2
+ Leadership & Outreach0.5
+ Investment Criteria0.5
+ Portfolio Management2.3
+ Serving in Need Populations0

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.



Previous Overall B Impact Scores

2021 Overall B Impact Score80.8

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