Dev Equity, LLC

Certified B Corporation

Arizona, United States

Certified Since

November 2014


Equity investing - Emerging Markets


Service with Minor Environmental Footprint

Operates In

United States

Dev Equity is an innovative impact investment manager that provides long-term capital and support to commercially viable, socially responsible businesses. The purpose of Dev Equity is to generate development impact and capital appreciation returns by making investments in small and medium sized companies in a variety of sectors in select low-income countries in Latin America. Dev Equity makes individual investments from around 500,000 to 2,000,000 USD in companies owned and operated by experienced professionals who have a track record of success. Dev Equity prefers to take active minority ownership positions in portfolio companies, through strong governance rights and financial controls, and focusing on realistic exits. Dev Equity’s approach is to work directly with portfolio companies to achieve financial returns and a positive social and environmental impact. Dev Equity seeks to invest in private companies motivated to move towards international best practices of social and environmental performance, transparency, and accountability.

Overall B Impact Score

Based on the B Impact assessment, Dev Equity, LLC earned an overall score of 100.5. The median score for ordinary businesses who complete the assessment is currently 50.9.
100.5 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 18.8

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 & Engagement5.7
Ethics & Transparency3.1
+ 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 24.9

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 Security10.7
Health, Wellness, & Safety2.8
Career Development3.9
Engagement & Satisfaction4.1

Community 6.1

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, & Inclusion1.9
Economic Impact0.0
Civic Engagement & Giving3.1
Supply Chain Management0.2

Environment 7.3

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 Management2.0
Air & Climate0.0
Land & Life1.7

Customers 43.0

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 Stewardship0.8
+ Mission Lock2.9
+ Past Performance4.6
+ Current Fund8.5
+ Positive Impact11.6
+ Portfolio Reporting4.6
+ Capacity Building6
+ Fund Governance3

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

2024 Overall B Impact Score100.5
2020 Overall B Impact Score99.1
2016 Overall B Impact Score96.8
2014 Overall B Impact Score88

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