Certified B Corporation

Auckland Region, New Zealand

Certified Since

August 2020


Investment advising


Service with Minor Environmental Footprint

Operates In

New Zealand

Pathfinder Asset Management is a fund manager focusing investment decisions on people and planet, as well as profit. Pathfinder believes an ethical investment approach is better for our environment, our society and for long-term investment returns. Investing ethically involves a number of steps. This starts with avoiding companies and industries causing harm, but most importantly is a positive focus on where money is invested. Companies with higher environmental, social and governance (ESG) metrics can have a positive impact on our planet and also make better financial investments. Pathfinder’s savings scheme (Pathfinder KiwiSaver Scheme) helps members save for retirement by aligning their ethical beliefs with Pathfinder’s investment expertise. As well as striving for savings to work hard, Pathfinder KiwiSaver's social enterprise approach supports a family of 17 charities doing good in the community. 20% of KiwiSaver management fees are donated to these charities and every KiwiSaver member has a say in how donations are allocated. The mission is to provide long-term and sustainable income streams to charities with impact. Pathfinder is a UNPRI signatory and an active member of RIAA.

Overall B Impact Score

Based on the B Impact assessment, Pathfinder earned an overall score of 112.3. The median score for ordinary businesses who complete the assessment is currently 50.9.
112.3 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 10.3

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 & Engagement2.4
Ethics & 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 23.6

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 Security8.6
Health, Wellness, & Safety4.0
Career Development3.2
Engagement & Satisfaction5.5

Community 21.0

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, & Inclusion8.6
Economic Impact3.5
Civic Engagement & Giving4.6
Supply Chain Management1.6

Environment 11.8

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 Management3.5
Air & Climate5.1
Land & Life2.5

Customers 45.5

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 Stewardship2.1
+ Portfolio Reporting4.9
+ Targeted for Investment18.6
+ Leadership & Outreach0.8
+ Investment Criteria12.9
+ Portfolio Management6

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

2020 Overall B Impact Score112.3

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