First Wealth (London) Limited
England, United Kingdom
Service with Minor Environmental Footprint
Our mission is to create a fun and joyous financial planning business for the benefit of our clients and our team. We will respect our community, care about our environment, embrace diversity and make a positive impact. We exist to help people feel good about their finances, to reduce stress and remove anxiety. We tell people what they need to hear, not always what they want to hear. We believe that great financial planning can change lives. We’re financial planners for people who enjoy life, care about their families and are curious about the world. We encourage people to use their money to lead happy and fulfilled lives. We’re driven by purpose, not just profit. We want to make a lasting difference and reshape how great financial advice is experienced. We are committed to talking openly about money, sharing our knowledge and raising awareness; helping people to make good financial decisions and avoid costly mistakes. We’re not frightened of robots and we embrace technology. We love people, we ask questions and we take the time to listen. Building lasting relationships is paramount to our success. Radical transparency matters to us. You’ll always know exactly what we’re doing, the thinking behind it and any fees that effect you. We embrace evidence and academic rigour.
Overall B Impact Score
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.
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.
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.
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.
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.