Globalance Bank

Certified B Corporation
Headquarters

Zurich, Switzerland

Certified Since

October 2015

Sector

Service with Minor Environmental Footprint

Operates In

Germany,

Switzerland

Globalance is an owner-led Swiss private bank and stands for a paradigm shift in finance and investing. It primarily manages the wealth and capital of private clients, families and foundations according to principles of long-term investment. Impact orientation is integral to its multi-asset class investment approach. As the first bank in the world to do so, Globalance Bank has developed an instrument for that purpose, one that creates transparency: the Globalance Footprint. This visionary investment compass gives investors insight, foresight and a sense of security. It allows clients to understand the economic, societal and environmental impacts of all their assets. An interactive online-platform allows clients real-time access to relevant impact data and commentary covering their entire individual portfolios. In the interests of its clients Globalance is completely independent, does not promote its own investment products and maintains full transparency on its fees.

Overall B Impact Score

Based on the B Impact assessment, Globalance Bank earned an overall score of 109.3. The median score for ordinary businesses who complete the assessment is currently 50.9.
109.3
109.3 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 12.7

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 Accountability1.2
Ethics1.1
Transparency5.3
+ 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 22.0

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 & Wages1.9
Benefits10.7
Training & Education1.1
Worker Ownership3.4
Management & Worker Communication2.4
Job Flexibility/Corporate Culture1.7

Community 14.1

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 Creation2.1
Diversity & Inclusion1.9
Civic Engagement & Giving2.7
Local Involvement4.5
Suppliers, Distributors & Product2.0

Environment 7.1

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, Plant3.2
Inputs2.4
Outputs0.7
+ Environment Products & Services Introduction0

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 53.4

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.

+ Portfolio Reporting5.2
+ Targeted for Investment16.3
+ Leadership & Outreach6
+ Investment Criteria21
+ Portfolio Management4.8

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

2017 Overall B Impact Score109.3
2015 Overall B Impact Score120.5

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: Customers2018
Best For The World: Customers2017
Best For The World: Customers2016

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