Clearinghouse CDFI

Certified B Corporation
Headquarters

California, United States

Certified Since

January 2014

Sector

Service with Minor Environmental Footprint

Operates In

United States

Website

Clearinghouse CDFI’s mission is to provide economic opportunities and improve the quality of life for low-income individuals and communities through innovative and affordable financing that is unavailable in the conventional market. Clearinghouse CDFI provides equal access to credit in neighborhoods of all income levels and ethnicities. It spends the time and energy required to find creditworthy borrowers whose projects will become assets in their community. These loans allow its borrowers to create affordable housing, revitalize blighted areas, rehabilitate needed community centers, and improve their neighborhoods.

Overall B Impact Score

Based on the B Impact assessment, Clearinghouse CDFI earned an overall score of 149.7. The median score for ordinary businesses who complete the assessment is currently 50.9.
149.7
149.7 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 22.2

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 & Engagement2.6
Corporate Accountability1.8
Ethics2.0
Transparency5.7
+ 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 27.8

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.

Compensation & Wages10.9
Benefits8.7
Training & Education1.7
Worker Ownership0.0
Management & Worker Communication2.8
Job Flexibility/Corporate Culture3.4

Community 23.9

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.

Job Creation1.8
Diversity & Inclusion4.5
Civic Engagement & Giving11.1
Local Involvement3.5
Suppliers, Distributors & Product3.0

Environment 19.7

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.

Land, Office, Plant5.8
Inputs1.5
Outputs0.9
+ Green Lending11.4

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 55.9

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.

+ Educational Outcomes0
+ Portfolio Reporting2.2
+ Targeted for Investment2
+ Leadership & Outreach4.1
+ Investment Criteria6.7
+ Portfolio Management6.6
+ Serving in Need Populations30

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

2019 Overall B Impact Score149.7
2016 Overall B Impact Score140.1
2014 Overall B Impact Score103.1

Best for the World

Each year, B Lab releases lists honoring the top-performing Certified B Corporations overall as well as within each Impact Area.

Best For The World: Changemakers2019
Best For The World: Customers2019
Best For The World: Governance2019
Best For The World: Overall2019
Best For The World: Changemakers2018
Best For The World: Customers2018
Best For The World: Overall2018
Best For The World: Changemakers2017
Best For The World: Customers2017
Best For The World: Overall2017

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