Goldfarb Financial

Certified B Corporation
Headquarters

New York, United States

Certified Since

August 2015

Sector

Service with Minor Environmental Footprint

Operates In

United States

Established in 1988, Goldfarb Financial has always emphasized Capitalism Doing Good®. We believes in Empowerment through Education. We practice this principle not just with our clients but the entire community. We strive to offer our clients investment options and portfolios that match their values. We believe a person’s portfolio is an important extension of their values. In an industry where success should be built on trust, we believe it’s important that our clients see not only long term financial returns, but social returns as well. That is why it’s important we develop a dialogue with each of our clients to better understand who they are and what their priorities are. Your investments can help shape the world. Rather than limiting our clients’ options to fit a specific end goal in global sustainability, we at choose to look at companies as a whole. With inclusive screens we are able to align our clients’ values with the positive impacts companies may have on the world. We are hoping to redefine the measure of success; how leaving a positive impact on the world should be considered when making decisions. That is why we strive to do our part in leaving a positive mark on the local community of Buffalo, NY and New Orleans, LA.

Overall B Impact Score

Based on the B Impact assessment, Goldfarb Financial earned an overall score of 142.4. The median score for ordinary businesses who complete the assessment is currently 50.9.
142.4
142.4 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 18.4

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 & Transparency4.5
+ 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 31.9

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 Security11.2
Health, Wellness, & Safety4.8
Career Development6.2
Engagement & Satisfaction6.3

Community 27.3

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, & Inclusion6.3
Economic Impact8.9
Civic Engagement & Giving8.8
+ Local Economic Development0

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 10.1

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.

Environmental Management4.6
Air & Climate1.6
Water0.7
Land & Life3.0

Customers 54.4

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.

Customer Stewardship2.7
+ Portfolio Reporting2.5
+ Targeted for Investment17.5
+ Leadership & Outreach6
+ Investment Criteria21
+ Portfolio Management3.6

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 Score142.4
2017 Overall B Impact Score129.3
2015 Overall B Impact Score117.2

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: Customers2019
Best For The World: Overall2019
Best For The World: Customers2018
Best For The World: Overall2018
Best For The World: Customers2017
Best For The World: Customers2016

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