Selectpath Benefits & Financial Inc.

Certified B Corporation
Headquarters

Ontario, Canada

Certified Since

December 2023

Industry

Other insurance services

Sector

Service with Minor Environmental Footprint

Operates In

Canada

B – Corp Public Profile Overview Selectpath is an Employee Benefits and Financial Planning firm that specializes in delivering professional financial solutions for organizations and individuals. Formed in 1999, our vision was to offer a broad range of products, services, and expertise to our clients and to deliver outstanding client support. The team at Selectpath are passionately dedicated to meeting the high expectations necessary to deliver results for our clients. With expertise in Benefits & Pension, Financial Planning, and Commercial Insurance, our mission is to help you bring your vision to life. Whether your responsibilities are providing for your family or owning and managing a business, you have a vision for what you want, and at Selectpath we have the tools and resources available to help you achieve it. Selectpath has always prioritized delivering outstanding service to our clients and supporting the communities where we live and work, becoming a B Corporation gives us the opportunity to show that we can maintain these values as grow our business to serve more clients and communities.

Overall B Impact Score

Based on the B Impact assessment, Selectpath Benefits & Financial Inc. earned an overall score of 91.8. The median score for ordinary businesses who complete the assessment is currently 50.9.
91.8
91.8 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 14.2

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 & Engagement1.1
Ethics & Transparency5.6
+ Mission Locked7.5

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 38.9

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 Security11.5
Health, Wellness, & Safety11.3
Career Development6.8
Engagement & Satisfaction8.0

Community 25.0

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, & Inclusion6.8
Economic Impact8.3
Civic Engagement & Giving7.9
Supply Chain Management1.9

Environment 5.0

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 Management2.5
Air & Climate0.5
Water0.0
Land & Life2.0

Customers 8.5

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 Stewardship2.4
+ Health & Wellness Improvement6.1

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

2023 Overall B Impact Score91.8

Additional Documentation

Selectpath Benefits & Financial Disclosure Report 2023

Selectpath Benefits & Financial Transparent Assessment 2023


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