Avista Colombia S.A.S BIC

Certified B Corporation

Cundinamarca Department, Colombia

Certified Since

March 2022


Other financial services


Service with Minor Environmental Footprint

Operates In


Avista es una compañía de tecnología enfocada en la construcción de una banca digital incluyente en torno a las pensiones y nóminas, con productos simples y de fácil acceso que permita a sus clientes empoderarse de su vida financiera. Gracias a su tecnología de punta, ha podido desarrollar productos a mejores precios, ágiles mecanismos de desembolso, al tiempo que garantiza una experiencia satisfactoria para todos sus clientes. Avista ha llegado a clientes en más de 750 municipios del país, superando las barreras de la presencialidad y atendiendo financieramente a población sin acceso a la banca tradicional.

Overall B Impact Score

Based on the B Impact assessment, Avista Colombia S.A.S BIC earned an overall score of 100.2. The median score for ordinary businesses who complete the assessment is currently 50.9.
100.2 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 11.7

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 & Engagement2.0
Ethics & Transparency7.1
+ Mission Locked2.5

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 23.4

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 Security1.9
Health, Wellness, & Safety6.0
Career Development4.3
Engagement & Satisfaction4.9

Community 17.5

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, & Inclusion5.6
Economic Impact10.0
Civic Engagement & Giving0.0
Supply Chain Management0.1

Environment 9.7

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 Management4.2
Air & Climate2.6
Land & Life1.2

Customers 37.7

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 Stewardship2.6
+ Economic Empowerment for the Underserved3.8
+ Serving Underserved Populations (Direct)31.2

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

2022 Overall B Impact Score100.2

B Labs Logo - Home Link

Sign up to our Insights newsletter, a monthly digest of the latest news on economic systems change from B Lab Global.

We take the security of your data seriously, read our privacy policy for further information. For newsletter communications relating to your local region, please visit Global Partner sites to subscribe.

Copyright © 2024 B Lab. All rights reserved.