Solidarity Capital Group

Certified B Corporation
Headquarters

North Carolina, United States

Certified Since

September 2013

Industry

Equity investing - Developed Markets

Sector

Service with Minor Environmental Footprint

Operates In

United States

Solidarity Capital Group is an impact investment firm that finances economically sustainable social justice enterprises. Solidarity Capital Group creates opportunities for investors to back innovative social entrepreneurs, so they can extend their important work serving marginalized people and needs in their community. Solidarity Capital Group assists visionary management teams that are addressing many of society's toughest and most persistent social and environmental challenges. Their focus areas include community and economic development, sustainable agriculture, energy and environmental solutions, and social finance. Their investors, principals, and advisors are people of faith and goodwill investing for the common good. They aim to deliver both impactful social returns and compelling risk-adjusted financial returns for the benefit of all stakeholders.

Overall B Impact Score

Based on the B Impact assessment, Solidarity Capital Group earned an overall score of 103.2. The median score for ordinary businesses who complete the assessment is currently 50.9.
103.2
103.2 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 15.6

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 & Engagement4.5
Ethics & Transparency1.1
+ 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.


Community 40.9

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 Impact9.3
Civic Engagement & Giving12.4
Supply Chain Management2.0
+ Local Economic Development6.7

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 7.7

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 Management2.8
Air & Climate0.3
Water0.0
Land & Life1.0

Customers 38.6

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 Stewardship1.5
+ Mission Lock4.4
+ Past Performance7.3
+ Current Fund8.1
+ Positive Impact10.5
+ Portfolio Reporting1.8
+ Capacity Building4
+ Fund Governance0

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

2022 Overall B Impact Score103.2
2017 Overall B Impact Score112.7
2015 Overall B Impact Score104.2
2013 Overall B Impact Score84.1

Best for the World

Every year, B Lab recognizes the B Corps that have achieved the highest verified scores in the five impact areas evaluated on the B Impact Assessment.

Best For The World: Community2017
Best For The World: Community2016

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