Bridges Fund Management

Certified B Corporation
Headquarters

London, United Kingdom

Certified Since

July 2015

Industry

Equity investing - Developed Markets

Sector

Service with Minor Environmental Footprint

Operates In

United Kingdom,

United States

Bridges Fund Management is a fund manager that specialises exclusively in sustainable and impact investing, with offices in London and New York. They aim to generate attractive risk-adjusted financial returns for our investors alongside measurable positive social and/or environmental impact. Founded in 2002, Bridges has since raised over $1bn of investor capital across its platform of Sustainable Growth, Property and Social Sector Funds. Bridges invests in business, properties, social enterprises and outcomes contracts that help to address pressing long-term social and environmental challenges, with a focus on four key impact themes: health & well-being, education & skills, sustainable living and underserved markets. Their strategy is to focus on opportunities where growth and impact go hand-in-hand; that is, where achieving important social and environmental goals also drives better performance. This could be by backing businesses that generate jobs in areas of high unemployment, building environmentally-friendly care homes for the elderly to sustain our ageing population, or providing flexible financing for innovative youth employment programmes.

Overall B Impact Score

Based on the B Impact assessment, Bridges Fund Management earned an overall score of 145.4. The median score for ordinary businesses who complete the assessment is currently 50.9.
145.4
145.4 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 20.9

The Governance Impact Area evaluates a company's overall mission, engagement around its social and 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 & Engagement3.9
Ethics & Transparency7.0
+ Mission Locked10

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 34.7

The Workers Impact Area evaluates a company's contributions to its employees' financial security, health and safety, wellness, career development, as well as overall engagement and 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 Security10.0
Health, Wellness, & Safety8.9
Career Development5.5
Engagement & Satisfaction7.3

Community 32.8

The Community Impact Area evaluates a company's engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity, and 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, & Inclusion6.8
Economic Impact2.0
Civic Engagement & Giving7.0
Supply Chain Management0.0
+ Designed to Give15.3

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.


Environment 13.9

The Environment Impact Area 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 Management5.1
Air & Climate4.9
Water0.5
Land & Life3.2

Customers 42.9

The Customers Impact Area 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 and media products, serving underserved customers or clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship3.5
+ Mission Lock2.3
+ Past Performance6
+ Current Fund6.8
+ Positive Impact11.1
+ Portfolio Reporting5.5
+ Capacity Building6
+ Fund Governance1.5

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.



Previous Overall B Impact Scores

2021 Overall B Impact Score145.4
2017 Overall B Impact Score130.2
2015 Overall B Impact Score146.4

Best for the World

Every year, B Lab recognizes the B Corps that have achieved the highest verified scores in the five impact areas evaluated on the B Impact Assessment.

Best For The World: Customers2019
Best For The World: Governance2019
Best For The World: Overall2019
Best For The World: Customers2018
Best For The World: Governance2018
Best For The World: Overall2018
Best For The World: Community2016
Best For The World: Customers2016
Best For The World: Overall2016

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 © 2022 B Lab. All rights reserved.